Propel Holdings Inc.
Propel Holdings Inc., together with its subsidiaries, operates as a financial technology company. The company's lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services. Propel Holdings Inc. was formerly known as 2288… Read more
Propel Holdings Inc. (PRLPF) - Net Assets
Latest net assets as of September 2025: $259.92 Million USD
Based on the latest financial reports, Propel Holdings Inc. (PRLPF) has net assets worth $259.92 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($640.44 Million) and total liabilities ($380.53 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $259.92 Million |
| % of Total Assets | 40.58% |
| Annual Growth Rate | 116.6% |
| 5-Year Change | 2396.77% |
| 10-Year Change | N/A |
| Growth Volatility | 273.66 |
Propel Holdings Inc. - Net Assets Trend (2018–2024)
This chart illustrates how Propel Holdings Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Propel Holdings Inc. (2018–2024)
The table below shows the annual net assets of Propel Holdings Inc. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $210.11 Million | +106.97% |
| 2023-12-31 | $101.52 Million | +24.35% |
| 2022-12-31 | $81.64 Million | +8.38% |
| 2021-12-31 | $75.33 Million | +795.13% |
| 2020-12-31 | $8.42 Million | +132.72% |
| 2019-12-31 | $3.62 Million | +77.89% |
| 2018-12-31 | $2.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Propel Holdings Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5366844700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $51.06 Million | 24.30% |
| Common Stock | $157.63 Million | 75.02% |
| Other Comprehensive Income | $-3.39 Million | -1.62% |
| Other Components | $4.82 Million | 2.29% |
| Total Equity | $210.11 Million | 100.00% |
Propel Holdings Inc. Competitors by Market Cap
The table below lists competitors of Propel Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kearny Financial Corp
NASDAQ:KRNY
|
$427.96 Million |
|
Fuchun Technology Co Ltd
SHE:300299
|
$428.10 Million |
|
THOR EXPL. LTD (NEW)
F:T2X
|
$428.12 Million |
|
Regencell Bioscience Holdings Ltd
NASDAQ:RGC
|
$428.23 Million |
|
Xining Special Steel Co Ltd
SHG:600117
|
$427.87 Million |
|
Pertamina Geothermal Energy
JK:PGEO
|
$427.74 Million |
|
Nam Long Investment Corp
VN:NLG
|
$427.72 Million |
|
Da-Cin Construction Co Ltd
TW:2535
|
$427.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Propel Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 101,519,185 to 210,114,462, a change of 108,595,277 (107.0%).
- Net income of 46,375,867 contributed positively to equity growth.
- Dividend payments of 13,985,253 reduced retained earnings.
- New share issuances of 76,811,944 increased equity.
- Other comprehensive income decreased equity by 3,612,608.
- Other factors increased equity by 3,005,327.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $46.38 Million | +22.07% |
| Dividends Paid | $13.99 Million | -6.66% |
| Share Issuances | $76.81 Million | +36.56% |
| Other Comprehensive Income | $-3.61 Million | -1.72% |
| Other Changes | $3.01 Million | +1.43% |
| Total Change | $- | 106.97% |
Book Value vs Market Value Analysis
This analysis compares Propel Holdings Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 254.58x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.06 | $15.50 | x |
| 2019-12-31 | $0.11 | $15.50 | x |
| 2020-12-31 | $0.25 | $15.50 | x |
| 2021-12-31 | $2.19 | $15.50 | x |
| 2022-12-31 | $2.29 | $15.50 | x |
| 2023-12-31 | $2.76 | $15.50 | x |
| 2024-12-31 | $7.96 | $15.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Propel Holdings Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.35%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.62x
- Recent ROE (22.07%) is below the historical average (29.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -9.78% | -0.33% | 1.81x | 16.32x | $-402.01K |
| 2019 | 55.17% | 2.94% | 1.33x | 14.15x | $1.63 Million |
| 2020 | 87.13% | 9.96% | 0.93x | 9.39x | $6.49 Million |
| 2021 | 8.71% | 5.09% | 0.86x | 1.98x | $-970.48K |
| 2022 | 18.53% | 6.67% | 0.88x | 3.14x | $6.96 Million |
| 2023 | 27.36% | 8.77% | 0.92x | 3.39x | $17.62 Million |
| 2024 | 22.07% | 10.35% | 0.81x | 2.62x | $25.36 Million |
Industry Comparison
This section compares Propel Holdings Inc.'s net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,800,882,637
- Average return on equity (ROE) among peers: -39.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Propel Holdings Inc. (PRLPF) | $259.92 Million | -9.78% | 1.46x | $427.92 Million |
| Accord Financial Corp (ACCFF) | $39.20 Million | 16.04% | 1.73x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $328.31 Billion | 3.92% | 2.63x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $-367.10 Million | 0.00% | 0.00x | $13.32 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $592.96 Million | 7.89% | 20.29x | $1.53 Billion |
| Aiful Corp (AIFLF) | $81.64 Billion | 21.30% | 7.15x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $203.05 Million | 8.66% | 0.56x | $2.50 Million |
| Ally Financial Inc (ALLY) | $17.05 Billion | 17.95% | 9.70x | $9.95 Billion |
| Alpha Investment Inc (ALPC) | $254.20K | -435.59% | 4.32x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $12.71 Million | -51.81% | 56.59x | $14.82 Million |