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Propel Holdings (TSX:PRL) Net Margin % : 9.66% (As of Sep. 2024)


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What is Propel Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Propel Holdings's Net Income for the three months ended in Sep. 2024 was C$14.3 Mil. Propel Holdings's Revenue for the three months ended in Sep. 2024 was C$147.5 Mil. Therefore, Propel Holdings's net margin for the quarter that ended in Sep. 2024 was 9.66%.

The historical rank and industry rank for Propel Holdings's Net Margin % or its related term are showing as below:

TSX:PRL' s Net Margin % Range Over the Past 10 Years
Min: -0.34   Med: 6.16   Max: 11.19
Current: 11.19


TSX:PRL's Net Margin % is ranked worse than
54.43% of 531 companies
in the Credit Services industry
Industry Median: 13.85 vs TSX:PRL: 11.19

Propel Holdings Net Margin % Historical Data

The historical data trend for Propel Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Propel Holdings Net Margin % Chart

Propel Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 3.09 10.62 5.33 6.98 9.45

Propel Holdings Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.06 9.41 14.79 11.25 9.66

Competitive Comparison of Propel Holdings's Net Margin %

For the Credit Services subindustry, Propel Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Propel Holdings's Net Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Propel Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Propel Holdings's Net Margin % falls into.



Propel Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Propel Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=37.264/394.288
=9.45 %

Propel Holdings's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=14.252/147.469
=9.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Propel Holdings  (TSX:PRL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Propel Holdings Net Margin % Related Terms

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Propel Holdings Business Description

Traded in Other Exchanges
Address
69 Yonge Street, Suite 1500, Toronto, ON, CAN, M5E 1K3
Propel Holdings Inc is a financial technology (fintech) company, committed to credit inclusion by facilitating fair, fast, and transparent access to credit through its proprietary, online lending platform. All the firm's operations are conducted through its consumer-facing brands: MoneyKey, CreditFresh, and Fora Credit.
Executives
Michael Stein Director
Sheldon Saidakovsky Senior Officer
Noah Buchman Senior Officer
Cindy Usprech Senior Officer
Jonathan Ari Goler Senior Officer
Peter W. Anderson Director

Propel Holdings Headlines

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