Post by
alsoranaround on Nov 07, 2024 4:02pm
Q3 Conference Call
I suggest listing to the recorded conference call from this morning. Quite remarkable IMO.
I can't think of another company that has more going for it:
- Broad range of opportunities to grow revenue; geographically and along product lines.
- Opportunities to reduce expenses with lower prime lending rate and further opportunities in 2025 with scale to negotiate between debt products.
- Economic tails winds with consumers stretched resulting in demand for PRLs loan products, but employment is high and inflation is abating which means loan losses should be manageable.
- FInally, an acquisition that is very accretive before leveraging best practices and synergies.
To top it all off, the company is lead by a team of founders and entrepreneurs that are absolutely determined to grow.
Today was a good day. There will be more good days to come.