Propel Holdings, Inc. (TSE:PRL) has released an update.
Propel Holdings Inc. has announced a record-breaking financial performance for the fourth quarter and the full fiscal year of 2023, boasting substantial growth in revenue, net income, and earnings per share. The company, which specializes in providing credit to underserved consumers, highlighted a significant year-over-year increase in key financial metrics, including a 54% jump in Q4 revenue and an 84% surge in annual net income. Propel also reported strong returns on equity and a higher dividend payout, reflecting a robust fiscal position and commitment to shareholder value.
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