PRLPF
PROPEL HLDGS INC
stockOTC

For those who haven't seen my first post: Propel Holdings is a Canadian fintech company that uses AI-powered underwriting to serve consumers. The company operates in the US, the UK and Canada, with multiple lending products and a growing funding platform that positions it for continued expansion. **Tickers:** * TSX: **$PRL.TO** * OTC: **$PRLPF** Propel IPO'd in 2021, reporting: * **Full year Revenue:** **$129M USD** * **Full year Adjusted EPS:** **$0.46** Fast forward to today, they reported record Q2 2026 results: **Q2 2026 highlights:** * Revenue: **$179.6M USD (+26% YoY)** ***Beat 177M est*** * Adjusted EBITDA: **$43.7M USD (+24% YoY)** * Adjusted Diluted EPS: **$0.58 USD (+28% YoY)** ***Beat by .10 EPS*** * Return on Equity: **23%** * Adjusted ROE: **35%** * Loans & Advances Receivable: **$492M USD (+21% YoY)** * Combined Loan & Advance Balances: **$639M USD (+23% YoY)** Full year Guidance: 725-775M +27% increase over FY25 590M at midpoint 80-100M adjusted net income +35% increase over FY25 67M at midpoint **Final thoughts** : Propel is on track to finish 2026 with an adjusted EPS of $2.10 USD or $3.00 CAD (conservatively).  Extrapolating with a PE of 15x supports a share price of $45 CAD. Approximately 70% higher than the current SP of $26.70. **Disclosure : I do hold shares.**