Propel Holdings Soars with Record Q1 Results

Propel Holdings, Inc. (TSE:PRL) has released an update.

Propel Holdings Inc. reported a stellar first quarter in 2024, showcasing a 47% surge in revenue to $96.5 million and significant growth in other financial metrics, including a 77% increase in net income to $13.1 million. Highlighting its confidence, Propel has increased its dividend by 8%, marking the fourth hike since early 2023. The company attributes these record results to robust credit performance and high demand, underscoring its strong start to the year.

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