EarningsPropel delivered solid Q1 results, exceeding expectations on loan growth, PCLs, and EPS, highlighting the resilience of Propel’s customer base.
Financial PerformanceRevenue grew by 44% year-over-year to reach $138.9M, indicating strong financial performance.
Growth PotentialQuidMarket is off to a strong start, suggesting the ability for QM to reach a 40% growth rate in the upcoming fiscal year as management injects capital.