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IOU Financial Inc.(IOU)

Description: IOU Financial Inc. (IOU Financial) operates an Internet-based lending platform in the United States for owner-operated businesses with daily sales, such as medical and dental practices, grocery and retail stores, restaurants and hotels, franchisees and e-commerce companies, through its subsidiary, IOU Central Inc. (IOC USA). The Company allows these businesses to apply for approximately six, nine, 12, 15 and 18 month loans. The Company operates through activities, such as lending and servicing. Its lending activity originates and retains loans as part of its loans receivable portfolio. The Company finances its lending activities in part by selling some of its commercial loans receivable to third party purchasers and one related party on a non-recourse basis and retaining the servicing rights for these loans in exchange for a service fee. Its servicing activity services loans that have been sold to third party purchasers on a non-recourse basis in exchange for a servicing fee.


Keywords: E Commerce Retail Store Credit Restaurants Hotel Peer To Peer Lending

Home Page: www.ioufinancial.com

IOU Technical Analysis

1 Place Ville-Marie
Montreal, QC H3B 2B6
Canada
Phone: 514 789 0694


Officers

Name Title
Mr. Robert Gloer Pres, CEO & Director
Mr. Philippe Marleau Founder, Adviser & Director
Mr. David John Kennedy CFO & Sec.
Ms. Madeline A. Wade Exec. VP of Operations
Mr. Daniel C. O'Keefe Chief Accounting Officer
Ms. Lori Haygood VP of Compliance
Mr. Jeffrey Turner Exec. VP of Risk Mitigation
Mr. Carl Brabander Exec. VP of Strategy
Mr. Stewart Yeung Exec. VP of Fin.
Ms. Rosey Painter VP of Underwriting

Exchange: V

Country: CA : Canada

Currency: Canadian Dollar (C$)

Forward PE: 0
Trailing PE: 8.25
Price-to-Book MRQ: 0.8863
Price-to-Sales TTM: 0.8215
IPO Date:
Fiscal Year End: December
Full Time Employees: 80
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