IOU Financial Inc. operates as a wholesale marketplace lender in the United States. The company originates and sells commercial loans receivable; and services loans that are sold to institutional purchasers on a non-recourse basis. It is involved in the commercial lending brokerage business. The company serves medical and dental practices, grocery and retail stores, restaurant and hotel franchisees, and e-commerce companies. IOU Financial Inc. was founded in 1977 and is headquartered in Montreal, Canada. As of September 29, 2023, IOU Financial Inc. was taken private.
Research context
IOU Financial Inc appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Financial Services
- Industry
- Credit Services
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5 years, 6 months ago
IOU Financial Inc is currently in a long term uptrend where the price is trading 39.2% above its 200 day moving average.
From a valuation standpoint, the stock is 97.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.6.
IOU Financial Inc's total revenue sank by 41.5% to $3M since the same quarter in the previous year.
Its net income has increased by 69.8% to $2M since the same quarter in the previous year.
Finally, its free cash flow grew by 478.4% to $20M since the same quarter in the previous year.
Based on the above factors, IOU Financial Inc gets an overall score of 4/5.