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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

Financial Services Credit Services
goeasy Ltd. is a Canadian company that provides non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands. The Company's segments include easyfinancial and easyhome. The easyfinancial segment lends out capital in the form of unsecured and secured consumer loans to non-prime borrowers. easyfinancial's product offering consists of unsecured and real estate secured instalment loans. The LendCare operating segment specializes in financing consumer purchases in the powersports, automotive, retail, healthcare, and home improvement categories. The easyhome segment provides leasing services for household furniture, appliances and electronics and unsecured lending products to retail consumers. Its customers can transact seamlessly through an omnichannel model that includes online and mobile platforms, over 400 locations across Canada, and point-of-sale financing offered in the retail, powersports, automotive, home improvement, and healthcare verticals.


TSX:GSY - Post by User

goeasy Ltd
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(25)
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Comment by extremeriskon Feb 13, 2019 10:59pm
75 Views
Post# 29362099

RE:RE:RE:RE:GREAT RESULTS

RE:RE:RE:RE:GREAT RESULTSQ3 was 33. Q4 is 34.4. That is very small increase from q3 to q4.  Your loan book went from 703 to 783.  So as percentage of loan book q3 was 4.69 percent to 4.39 for an improvement of 30 points. That is good news not bad. Bad debt is cost of doing business. Can’t be avoided and it is going down not up. 
Bullboard Posts
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