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Bullboard - Stock Discussion Forum Iou Financial Inc V.IOU

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... see more

Bullboard (TSXV:IOU)

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Post by Betteryear2on Apr 27, 2022 8:00pm

IOU FINANCIAL INC. REPORTS FINANCIAL RESULTS

Company highlights strong year over year growth in loan originations, return to profitability on an annual basis, and provides update on Post-Pandemic Growth Plan. Total loan originations reached ...more  
Comment by Methodon Dec 22, 2021 10:07pm

RE:MSR tricky beast

My calculations are very different.  What is your revenue calculation if originations average US$60m/quarter for a year?   
Comment by ValueYSKon Dec 22, 2021 11:33am

RE:MSR tricky beast

Sorry for using the wording MSR just got stuck in my mouth haha Loan Servicing Right would be more appropriate since they are making loans to small business
Post by ValueYSKon Dec 22, 2021 11:31am

MSR tricky beast

Mortgage Servicing Rights can be a very lucrative capital light sector However, the accounting is very tricky and has to be taken with a grain of salt.  First right now, IOU Financial is ...more  
Comment by Methodon Nov 02, 2021 10:53pm

RE:RE:RE:RE:RE:Q2 & Breaks All-Time Record in Monthly Loan Originations

we got the under. A bit disappointing but still big growth over Q2. 
Post by Betteryear2on Nov 02, 2021 8:32pm

Surpasses US$1 Billion in Loan Originations

Company celebrates major milestone in its 12-year history of funding small business growth in North America ATLANTA, Nov. 2, 2021 /PRNewswire/ - IOU FINANCIAL INC.  ...more  
Comment by Methodon Oct 02, 2021 5:19pm

RE:RE:RE:RE:Q2 & Breaks All-Time Record in Monthly Loan Originations

  What's the guess for Q3 originations? I'll set the over/under at $55.5m which is just July * 3. I'm betting on the over.  I think breakeven is around $15m in monthly ...more  
Comment by letsroll99on Sep 13, 2021 7:32pm

RE:RE:RE:Q2 & Breaks All-Time Record in Monthly Loan Originations

July originations hit an all-time record for the company!  Wow.  Here's hoping the economy keeps booming...  Covid and inflation please go away.
Post by Betteryear2on Sep 03, 2021 5:10pm

Repurchase Approximately $0.4 Million Convertible Debentures

IOU intends to repurchase an additional $2 million of convertible debentures, increasing the total announced and intended repurchases up to $4.3 million in 2021. MONTREAL,  ...more  
Comment by Methodon Aug 26, 2021 5:05pm

RE:Q2 & Breaks All-Time Record in Monthly Loan Originations

I thought this was a great quarter. I'm really excited for the rest of the year. Earnings should be positive by Q4 based on these trends without any credit risk.
Post by Betteryear2on Aug 26, 2021 9:03am

Q2 & Breaks All-Time Record in Monthly Loan Originations

Company highlights strong quarter-to-quarter growth in loan originations, shares progress on Post-Pandemic Growth Plans and announces migration to marketplace strategy. Loan origination volume ...more  
Post by letsroll99on Aug 09, 2021 2:01pm

IOU launches Cash Back Loan

Product innovation is something that IOU mentioned as part of their PPGP (Post Pandemic Growth Plan) - looks like they are delivering: https://debanked.com/2021/08/iou-introduces-the-cash-back-concept ...more  
Post by letsroll99on Aug 09, 2021 2:00pm

Wave of Management Changes Come to IOU Financial As it Ramps

Great coverage in deBanked re. structural changes at IOU: https://debanked.com/2021/08/wave-of-management-changes-come-to-iou-financial-as-it-prepares-for-the-future/
Comment by Methodon Jul 26, 2021 11:25pm

RE:Bullish signals from IOU. Why are they under the radar?

I think it's just under the radar. We get the next look on origination growth at the end of August. Breakeven is around $15m/month in originations and they guided above that for the back half ...more  
Post by letsroll99on Jul 26, 2021 8:15pm

Bullish signals from IOU. Why are they under the radar?

IOU came out of the pandemic in a strong cash position and recently announced they are buying back $1.9M of corporate debentures... why is this a penny stock? https://news.ioufinancial.com/2021-06-16 ...more