Review of Propel Holdings Inc.

MAR 26, 2024 - Propel Holdings (PRL) has evolved over the past several years from operating solely under the MoneyKey brand as a SaaS loan management system to offer online unsecured loans, to now developing its own proprietary underwriting capabilities and lending platform. PRL is an innovative fintech company operating through its main three brands, MoneyKey and CreditFresh in the US, and Fora in Canada. While PRL has not been a publicly traded company for many years, it has witnessed rapid growth in its product and services offerings across both Canada and the US, and it is clear that the company has a long runway ahead of it. Overall, this is becoming a high-quality name that has the potential for high future growth rates and margin expansion. We are initiating coverage at a ‘B+’.

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Propel Holdings Inc. (PRL)

Q: Propel stock had, lately been doing well, hitting a high of $42, late January, after an analyst upgrade. Today, a month later, it has done full circle, back to $34.50, where, it was trading since October, 2024.

Is this just profit taking or a shadow of the big brother GSY ( just reported ), in your view, or something has changed ( Trump jitters ) ?

Do you still continue to expect excellent growth ( UK acquisition etc ) and would be comfortable adding after this pullback ?

Thank You

Read Answer Asked by rajeev on February 20, 2025

Q: These stocks have pulled back recently. Would you be adding to these stocks at these levels and in what order would you add?

Are there other small caps you prefer?

Thanks
Tim

Read Answer Asked by Timothy on February 21, 2025

Propel Holdings Inc. (PRL)

Q: Does the recent 10% dividend increase signal a strong earnings report is ahead? Some brokers have a $52 price target. good time to add?

Read Answer Asked by Sal on February 13, 2025