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Iou Financial Inc V.IOU

Financial Services
IOU Financial Inc. is a wholesale lender that provides access to growth capital to small businesses through a network of preferred brokers across the United States. The Company has built IOU360 technology platform that connects underwriters, merchants and brokers in real time. Its IOU Financial platform connects to dozens of data sources, aggregating and automatically processing hundreds of data points on a business in seconds. It also operates a commercial lending brokerage business through its wholly owned subsidiary, ZING Funding. The Company sells substantially all loans that it originates to institutional purchasers and retains the right to service those loans on behalf of the purchasers in exchange for servicing fees based on collections. Its customers include medical and dental practices, grocery and retail stores, restaurant and hotel franchisees and e-commerce companies.


TSXV:IOU - Post by User

Iou Financial Inc > Is this a sleeper or a snoozer?
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Comment by MainStonBaySton May 25, 2018 12:22am
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Post# 28079147

RE:RE:RE:Is this a sleeper or a snoozer?

RE:RE:RE:Is this a sleeper or a snoozer?

This sleeper just might be waking up...

By my estimation:

IOU market cap equals $13.2M;

Reported last two trailing quarters (Q4 & Q1) adjusted net income of $0.9M;

For a company that should be set to grow, in a growing industry, at $0.15 per share:

if they deliver even half of [$0.9M] in upcoming [Q2 & Q3] you're looking at a 10x 6 month forward P/E ratio...

If they deliver the same [$0.9M] in upcoming [Q2 + Q3], you're looking at a 7.3x 6 month forward P/E ratio...

If they deliver the same [$0.8M] from Q1 for the next three quarters, you're looking at a 4.1x 9 month forward P/E ratio...

A few more positive quarters and I get the sense that the ten minute "not-delivering-in-the-past" penalty might be over for IOU and that the Company is about to emerge from the penalty box.
 

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