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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

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

Comment by TimeScapeon May 14, 2021 3:12pm
252 Views
Post# 33204924

RE:RE:RE:RE:Earnings out

RE:RE:RE:RE:Earnings out Revenue growth is important because that is the number from which your profit will be derived.  There is only so much you can do in the way of cost cutting, improving margins, etc.  If the top line isn't growing, your bottom line growth will be limted.  Of course, you want the revenue growth to be profitable, as well.  Revenue growth is the main thing that has made GSY such a terrific stock over the last several years.  Since they branched out from the Easy Home business and into loans with Easy Financial, the revenue has really taken off.  Still lots of room to grow IMO.  Stock has a lot of upside, and a very nice rapidly growing dividend.
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