Online Small Business Lender
|
|
- Kerry Lester
- 8 years ago
- Views:
Transcription
1 Online Small Business Lender Corporate Presentation June 2015 TSX-V Listed Issuer (IOU)
2 Forward-Looking Statements Statements made in this presentation that describe the IOU Financial s or management s budgets, estimates, expectations, forecasts, objectives, predictions or projections of the future may be forward-looking statements, which can be identified by the use of the conditional or forward-looking terminology such as anticipates, believes, estimates, expects, may, plans, projects, should, will, or the negative thereof or other variations thereon. IOU Financial cautions that, by their nature, forward-looking statements involve risks and uncertainties, and that its actual actions and/or results could differ materially from those expressed or implied in such forward-looking statements, or could affect the extent to which a particular projection materializes. Many factors and assumptions could have an impact on the materialization of the company s projections, including, but not limited to, liquidity risks, risks inherent in growing a new business, dependence on third-party service providers, credit risks, competition, regulatory risk, and other factors that are beyond its control. IOU Financial cautions that the foregoing list of factors is not exhaustive. For more information on risks and uncertainties, and assumptions that would cause the company s actual results to differ from current expectations, please refer to the section Risks and Uncertainties of IOU Financial s most recent Management s Discussion and Analysis, which may be consulted at ( MD&A). The forwardlooking statements presented in the MD&A reflect IOU Financial s expectations as at the date of the MD&A. IOU Financial does not undertake any obligation to update publicly or to revise any such forward-looking statements, unless required by applicable legislation or regulation. 2
3 Who We Are Company Description: Market Capitalization (March ): $21.5M Based in Montreal with sales and operations in Atlanta, IOU Financial (TSX-V: IOU) operates an Internet-based lending platform aimed at store-front businesses across the U.S. Strategic Partnership: Shares (as of March ): Shares Outstanding Warrants Options Total Shares Fully Diluted 53.7 Million 1.0 Million 4.7 Million 59.4 Million Quick Facts: Shareholders: Insider Ownership: Public Ownership: 9.1 Million 44.6 Million 62 full-time employees as of March ; US$31.2M in loan origination during the quarter ended March, ; Institutional shareholders you may recognize: Quarter over quarter loan origination growth rate of 53%; No. 32 On The 2014 PROFIT 500 List Of Canada's Fastest Growing Companies. 3
4 What We Do IOU makes working capital loans of up to $150k to small businesses across the U.S. Customers you may recognize: Loans are repaid daily and have 6, 9 or 12 month terms Customers can go through a 10 minute online application, receive a credit qualification decision within seconds, and funding in less than one day 4
5 How We Do It Data Collection Data Transformation D D D D D D D Models Answer IOU SCORES 5
6 Multi-Channel Loan Origination Retail Referral Wholesale Borrowers are sourced through direct marketing campaigns. Borrowers are sourced via various partnerships with third parties that refer customers to IOU. Borrowers are sourced via relationships with third-party business loan brokers. 6
7 Funding Model US Small Business Borrowers Promissory Notes $ IOU Financial (Loan Portfolio) $ Interest Credit Facility Assignment of Loans (Non-recourse) Assignment of Loans $ (Non-recourse) $ $ Assignment of Loans (Non-recourse) Fund 1 Fund 2 Fund 3 Returns $ Returns $ Returns $ Investors Investors (Servicing Portfolio) Investors 7
8 Strong Growth in Loan Originations $120,000,000 Loan Origination ($US) $100,000,000 $80,000,000 $60,000,000 $40,000,000 $20,000,000 $ Q Quarter over quarter loan origination growth rate of 53% 8
9 Growing Loans Under Management $80,000, Loans Under Management ($CDN) $70,000, $60,000, $50,000, $40,000, $30,000, Principal Balance of Servicing Portfolio (Servicing Segment) Principal Balance of Loan Portfolio (Lending Segment) $20,000, $10,000, $ Q
10 Provisional Loss Rate 14.00% 12.00% 10.00% 8.00% Provisional Loss Rate 6.00% Average Provisional Loss Rate 4.00% 2.00% 0.00% Q
11 Net Financial Income Before OPEX (Net Revenue) $6,000, $5,000, $4,000, $3,000, $2,000, $1,000, $ Q
12 Net Profit $- $(200,000.00) Net Profit Q $(400,000.00) $(600,000.00) $(800,000.00) $(1,000,000.00) $(1,200,000.00) $(1,400,000.00) $(1,600,000.00) $(1,800,000.00) $(2,000,000.00) 12
13 Demand Driver Micro Business Loans represent a massively under-served market segment. Bank retrenchment from small business lending has created a very large funding gap. 13
14 Massively Under-Served Market Segment Quote from Karen Gordon Mills, Senior Fellow at Harvard Business School and at Harvard Kennedy School, September 2014: ALTERNATIVE PLAYERS HAVE THE POTENTIAL TO FUNDAMENTALLY CHANGE THE WAY IN WHICH SMALL BUSINESSES ACCESS CAPITAL Statistic from the FDIC, January 2015: THERE WERE $177.4 BILLION IN COMMERCIAL AND INDUSTRIAL LOAN BALANCES AT FDIC-INSURED INSTITUIONS UNDER $250,000 IN THE UNITED STATES AS OF THE THIRD QUARTER 2014 ACROSS 21.8 MILLION LOANS. Estimate from Oliver Wyman, a management consulting firm and business unit of Marsh & McLennan, 2013: OLIVER WYMAN ESTIMATES THAT THERE IS A POTENTIAL $80 TO $120 BILLION IN UNMET DEMAND IN THE U.S. FOR SMALL BUSINESS LINES OF CREDIT. Statistic from Federal Reserve Bank of New York, Small Business Credit Survey, May 2013: NEARLY 70% OF SMALL BUSINESSES ARE IN NEED OF LESS THAN $250,000. Statement from The Small Business Administration, November 2012: DESPITE BEING THE BEDROCK OF THE AMERICAN ECONOMY, THE SMALL BUSINESS COMMUNITY IS UNDERSERVED AND REPRESENTS A VALUE OPPORTUNITY FOR INVESTORS. 14
15 Leadership Managed by an experienced team that spans all facets of the business Phil Marleau, CEO and Director over 20 years of experience in the securities industry (Merrill Lynch and Scotia Capital). Mayco Quiroz, CFO over 15 years of experience in accounting (Harris Corporation and L Oreal). Robert Gloer, COO over 20 years of experience in lending (First Franklin, a subsidiary of Merrill Lynch). Paul Hamilton, CTO over 30 years of experience in technology (Maplesoft, McAfee, Disney Interactive, GuestDriven). Governed by an experienced Board of Directors Evan Price, Chairman over 20 years of experience leading high-tech companies, both private and public. David Cynn, Director over 20 years of experience in investment banking and private equity focused on focused financial services (Morgan Stanley and Lightyear Capital). Guy Charette, Director over 25 years experience in securities law. Guy is currently a director of Carpathian Gold (TSX-V listed company). 15
16 IOU-V Stock Price ($) $0.80 IOU-V Stock Price ($) $0.70 $0.60 $ $0.40 $0.30 $0.20 $ Volume Price $- 0 Source: Yahoo Finance 16
17 Summary IOU is revolutionizing lending through technology. IOU operates in a massively under-served market. IOU is positioned for extreme growth within this market. Contacts: Phil Marleau, CEO IOU Financial Inc. (514) ext. 225 pmarleau@ioucentral.com Mayco Quiroz, CFO IOU Financial Inc. (514) ext. 298 mquiroz@ioucentral.com 17
Online Small Business Lender
Online Small Business Lender Corporate Presentation April 2015 TSX-V Listed Issuer (IOU) Forward-Looking Statements Statements made in this presentation that describe the IOU Financial s or management
More informationOnline Small Business Lender
Online Small Business Lender Corporate Presentation June 2015 TSX-V Listed Issuer (IOU) Forward-Looking Statements Statements made in this presentation that describe the IOU Financial s or management s
More informationOnline Small Business Lender Corporate Presentation January 2013
Online Lender Corporate Presentation January 2013 CNSX Listed Issuer ( IOU ) Phil Marleau, CEO pmarleau@ioucentral.com (514) 789-0694 Ext. 225 Forward-Looking Statements Statements made in this presentation
More informationAgenda. Forward-looking Statements Denis Jasmin, Vice-President, Investor Relations
SECOND QUARTER 2013 Conference Call Notes August 2, 2013 2 Agenda Forward-looking Statements Denis Jasmin, Vice-President, Investor Relations President and CEO Remarks Robert G. Card, President and Chief
More informationManagement Discussion and Analysis. For the three months ended March 31, 2014
Management Discussion and Analysis For the three months ended March 31, 2014 Dated: May 2, 2014 Trez Capital Mortgage Investment Corporation Interim Management Discussion and Analysis Table of Contents
More informationPress release. National Bank releases its results for the second quarter of 2009. the SECOND quarter of 2009 (1) :
Press release SECOND quarter 2009 National Bank releases its results for the second quarter of 2009 The financial information in this press release is based on the unaudited interim consolidated financial
More informationAcquisition of Maple Financial Group s Mortgage Business
Acquisition of Maple Financial Group s Mortgage Business February 14, 2006 This document includes forward-looking statements which are made pursuant to the safe harbour provisions of the United States
More informationIGM FINANCIAL INC. REPORTS FOURTH QUARTER AND 2015 EARNINGS
News Release Readers are referred to the disclaimer regarding Forward-Looking Statements, Non-IFRS Financial Measures and Additional IFRS Measures at the end of this Release. IGM FINANCIAL INC. REPORTS
More informationColleen Johnston Group Head Finance & CFO TD Bank Financial Group. Citi Financial Services Conference
Colleen Johnston Group Head Finance & CFO TD Bank Financial Group Citi Financial Services Conference January 28, 2009 Caution regarding forward-looking statements From time to time, the Bank makes written
More informationTORSTAR CORPORATION REPORTS SECOND QUARTER RESULTS
PRESS RELEASE TORSTAR CORPORATION REPORTS SECOND QUARTER RESULTS TORONTO, ONTARIO (Marketwired July 30, 2014) Torstar Corporation (TSX:TS.B) today reported financial results for the second quarter ended
More informationNIGHTINGALE REPORTS FISCAL 2014 RESULTS
NIGHTINGALE REPORTS FISCAL 2014 RESULTS Markham, ON, July 31, 2014 Nightingale Informatix Corporation ( Nightingale or the Company ) (TSX-V: NGH), an application service provider (ASP) of electronic health
More informationInvestor Presentation Acquisition of General Electric s Transportation Finance Business
Investor Presentation Acquisition of General Electric s Transportation Finance Business September 10, 2015 September 10, 2015 0 Forward Looking Statements & Non-GAAP Measures Caution Regarding Forward-Looking
More informationNEWS RELEASE FOR IMMEDIATE RELEASE
NEWS RELEASE FOR IMMEDIATE RELEASE Readers are referred to the sections entitled Forward looking Statements and Non IFRS Financial Measures at the end of this release. The Corporation s financial results
More informationNASDAQ: FNHC. Joint Venture to Form an Insurance Company July 2014
Joint Venture to Form an Insurance Company July 2014 1 SAFE HARBOR STATEMENT Safe harbor statement under the Private Securities Litigation Reform Act of 1995: Statements that are not historical fact are
More informationAGF MANAGEMENT LIMITED EARNINGS CONFERENCE CALL SECOND QUARTER 2014 JUNE 24, 2014
AGF MANAGEMENT LIMITED EARNINGS CONFERENCE CALL SECOND QUARTER 2014 JUNE 24, 2014 CAUTION REGARDING FORWARD-LOOKING STATEMENTS The forward looking information is provided as of June 24, 2014. Certain information
More informationCUSTOMERS BANCORP REPORTS RECORD NET INCOME FOR FULL YEAR AND FOURTH QUARTER 2015
Customers Bancorp 1015 Penn Avenue Wyomissing, PA 19610 Contacts: Jay Sidhu, Chairman & CEO 610-935-8693 Richard Ehst, President & COO 610-917-3263 Investor Contact: Robert Wahlman, CFO 610-743-8074 CUSTOMERS
More informationWell Positioned For Growth
Tony Comper Chairman & CEO Scotia Capital Financials Summit 2002 September 10, 2002 Divested Business Bancomer Global Custody Partners First Corporate Trust Branch Sales Total 1999 Revenue ($MM) $119 $12
More informationBALANCE SHEET HIGHLIGHTS
Home Capital Reports Q1 Earnings: Diluted Earnings per Share of $0.92; adjusted diluted earnings per share of $0.96 Dividend of $0.24 per common share. Toronto, May 4, 2016 - Home Capital today reported
More informationThursday July 18, 2013 FOR IMMEDIATE RELEASE
Thursday July 18, 2013 FOR IMMEDIATE RELEASE Washington Federal Reports Higher Net Income, Announces the Acquisition of 51 Branches in Four States, and Completes Conversion to a National Bank Charter.
More informationCUSTOMERS BANCORP REPORTS RECORD NET INCOME FOR FULL YEAR 2013 AND Q4 2013
Customers Bancorp 1015 Penn Avenue Wyomissing, PA 19610 Contacts: Jay Sidhu, Chairman & CEO 610-935-8693 Richard Ehst, President & COO 610-917-3263 Investor Contact: Robert Wahlman, CFO 610-743-8074 CUSTOMERS
More informationCompany Presentation. March 2015
Company Presentation March 2015 Forward-Looking Statements This presentation, including the accompanying oral presentation (collectively, this presentation ), does not constitute an offer to sell or the
More informationAsta Funding, Inc. Announces Financial Results for Second Quarter and First Six Months of Fiscal 2014
May 8, 2014 Asta Funding, Inc. Announces Financial Results for Second Quarter and First Six Months of Fiscal 2014 Net Income of $3.8 million, or $0.29 Per Diluted Share for Six Months. An Improvement of
More informationGenworth MI Canada Inc. BRIAN HURLEY, Chairman and CEO
Genworth MI Canada Inc. BRIAN HURLEY, Chairman and CEO Genworth MI Canada Inc. 1 Scotia Capital Financial Summit September 2012 Forward-Looking and Non-IFRSs Statements This presentation includes certain
More informationState Bank Financial Corporation Reports Fourth Quarter and Full Year 2015 Financial Results
Investor Relations Contact: Jeremy Lucas 404.239.8626 / jeremy.lucas@statebt.com Fourth Quarter 2015 Highlights State Bank Financial Corporation Reports Fourth Quarter and Full Year 2015 Financial Results
More informationThe Canada Life Assurance Company ANNUAL REPORT
The Canada Life Assurance Company 2007 ANNUAL REPORT CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This report contains some forward-looking statements about the Company, including its business
More informationTD Bank Group Provides Supplementary Disclosures Related to Fiscal 2011 IFRS Results and Segment Change
TD Bank Group Provides Supplementary Disclosures Related to Fiscal IFRS Results and Segment Change TORONTO (January 26, 202) TD Bank Group (TD or the Bank) (TSX and NYSE: TD) today released a supplemental
More informationFOR IMMEDIATE RELEASE
Exhibit 99.1 FOR IMMEDIATE RELEASE FirstMerit Corporation Analysts: Thomas O Malley/Investor Relations Officer Phone: 330.384.7109 Media Contact: Robert Townsend/Media Relations Officer Phone: 330.384.7075
More informationCompany Presentation. August 2015
Company Presentation August 2015 Forward-Looking Statements This presentation, including the accompanying oral presentation (collectively, this presentation ), does not constitute an offer to sell or the
More informationAgenda. Forward-looking Statements Denis Jasmin, Vice-President, Investor Relations
SECOND QUARTER 2014 Conference Call Notes August 8, 2014 Agenda 2 Forward-looking Statements Denis Jasmin, Vice-President, Investor Relations President and CEO Remarks Robert G. Card, President and Chief
More informationState of Small Business Lending: US and UK
State of Small Business Lending: US and UK Karen Gordon Mills Senior Fellow, Harvard Business School & Harvard Kennedy School Former Administrator of the U.S. Small Business Administration and Member of
More informationJanuary 2012 - Investor Presentation
January 2012 - Investor Presentation Homeowners Choice, Inc., Nasdaq Global Select Market: HCII 1 1 Forward Looking Statements This presentation includes certain forward-looking statements and information,
More informationDISCOVER FINANCIAL SERVICES REPORTS FOURTH QUARTER RESULTS: NET INCOME OF $371 MILLION AND EARNINGS PER SHARE OF $0.63
DISCOVER FINANCIAL SERVICES REPORTS FOURTH QUARTER RESULTS: NET INCOME OF $371 MILLION AND EARNINGS PER SHARE OF $0.63 Riverwoods, IL, Dec. 17, 2009 - Discover Financial Services (NYSE: DFS) today reported
More informationIntertain Group Limited Announces Third Quarter 2015 Financial Results $41.5 million in operating cash flows generated in Q3
Intertain Group Limited Announces Third Quarter 2015 Financial Results $41.5 million in operating cash flows generated in Q3 TORONTO, October 29, 2015 - The Intertain Group Limited ( Intertain or the Company
More informationBrookfield Property Partners Offer to Purchase Any or All Issued and Outstanding Common Shares of Brookfield Office Properties Inc.
Brookfield Property Partners Offer to Purchase Any or All Issued and Outstanding Common Shares of Brookfield Office Properties Inc. Shareholder Q&A Brookfield Property Partners L.P. ( Brookfield Property
More informationCATAMARAN CORPORATION ANNOUNCES RECORD FINANCIAL RESULTS FOR 2014 CATAMARAN TO ACQUIRE HEALTHCARE SOLUTIONS, INC.
CATAMARAN CORPORATION ANNOUNCES RECORD FINANCIAL RESULTS FOR 2014 CATAMARAN TO ACQUIRE HEALTHCARE SOLUTIONS, INC. Schaumburg, Illinois, February 26, 2015 - Catamaran Corporation ( Catamaran or the Company
More informationAcuityAds Inc. Condensed Consolidated Interim Financial Statements. Three months ended March 31, 2014 and 2013 (Unaudited)
AcuityAds Inc. Condensed Consolidated Interim Financial Statements Condensed Consolidated Interim Statements of Financial Position March 31, December 31, 2014 2013 Assets Current assets: Cash $ 446,034
More informationTrxade Group, Inc. (TCQB: TRXD): Record Revenues in Q3
Siddharth Rajeev, B.Tech, MBA, CFA Analyst November 5, 2015 Trxade Group, Inc. (TCQB: TRXD): Record Revenues in Q3 Sector/Industry: E-commerce Market Data (as of November 5, 2015) Current Price $1.15 Fair
More informationIGM Financial Inc. 6 Summary of Consolidated Operating Results. Investors Group 13 Review of the Business 18 Review of Segment Operating Results
MANAGEMENT S DISCUSSION AND ANALYSIS IGM Financial Inc. 6 Summary of Consolidated Operating Results Investors Group 13 Review of the Business 18 Review of Segment Operating Results Mackenzie 24 Review
More informationForward-Looking Statements
CIBC World Markets 5 th Annual Institutional Investor Conference October 4, 2006 Ed Clark President & CEO TD Bank Financial Group Forward-Looking Statements From time to time, the Bank makes written and
More informationEchelon Insurance Reports First Quarter Results. Net operating income of $0.17 per share compared to $0.30 in the first quarter of 2014.
Echelon Insurance Reports First Quarter Results TORONTO, May 6, 2015 - EGI Financial Holdings Inc. ( Echelon Insurance, Echelon or the Company ) (TSX: EFH), which operates in the property and casualty
More informationAlmonty Industries Inc. to Acquire Woulfe Mining Corp. and become the Leading International Tungsten Company
July 7, 2015 NEWS RELEASE Almonty Industries Inc. to Acquire Woulfe Mining Corp. and become the Leading International Tungsten Company Almonty Industries Inc. (TSX-V: AII) ( Almonty ) and Woulfe Mining
More informationCanadian Tire Corporation 2014 Second Quarter Financial Results
Canadian Tire Corporation 2014 Second Quarter Financial Results August 7, 2014 Forward looking information This document contains forward-looking statements that reflect management s current expectations
More informationTOM FLYNN Executive Vice President - Chief Risk Officer
2008 Investor Day Risk Management TOM FLYNN Executive Vice President - Chief Risk Officer April 15 2008 Forward Looking Statements Caution Regarding Forward-Looking Statements Bank of Montreal s public
More informationVirtutone Networks Inc. TSXV: VFX
Virtutone Networks Inc. TSXV: VFX Forward looking statement This document may contain certain forward-looking informational statements ( Forward-looking statements ) as defined under applicable securities
More informationThomas A. Bessant, Jr. (817) 335-1100
Additional Information: Thomas A. Bessant, Jr. (817) 335-1100 For Immediate Release ********************************************************************************** CASH AMERICA FIRST QUARTER NET INCOME
More informationSIGA AND OPEN RANGE ENTER INTO LETTER OF INTENT FOR QUALIFYING TRANSACTION OF OPEN RANGE
OPEN RANGE CAPITAL CORP. SIGA RESOURCES LIMITED FOR IMMEDIATE RELEASE SIGA AND OPEN RANGE ENTER INTO LETTER OF INTENT FOR QUALIFYING TRANSACTION OF OPEN RANGE Calgary, Alberta, December 16, 2005 SIGA Resources
More informationInterim Management Discussion and Analysis. For the three and six months ended June 30, 2014
Interim Management Discussion and Analysis For the three and six months ended June 30, 2014 Dated: August 14, 2014 Trez Capital Senior Mortgage Investment Corporation Interim Management Discussion and
More informationFor Immediate Release. Superior Plus Corp. to Acquire Canexus Corporation Enhancing and Expanding the Specialty Chemicals Platform
NEWS TSX: SPB Toronto, October 6, 2015 For Immediate Release Superior Plus Corp. to Acquire Canexus Corporation Enhancing and Expanding the Specialty Chemicals Platform Strong alignment with Superior s
More informationAPX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2015 RESULTS
APX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2015 RESULTS First Quarter 2015 Financial and Portfolio Highlights APX Group Reports Total Revenue of $149.9 Million, up 14.9% Year over Year Adjusted EBITDA
More informationFOR IMMEDIATE RELEASE
FOR IMMEDIATE RELEASE FirstMerit Corporation Analysts: Thomas O Malley/Investor Relations Officer Phone: 330.384.7109 Media Contact: Robert Townsend/Media Relations Officer Phone: 330.384.7075 FirstMerit
More informationCanadian Tire Corporation Delivers Another Record Year
Canadian Tire Corporation Delivers Another Record Year Same store sales for fourth quarter up in all retail banners over a strong Q4 2013: o 2.8% at Canadian Tire o 4.9% at FGL Sports (9.4% at Sport Chek)
More informationSouthern Company to Acquire AGL Resources in $12 Billion Transaction, Creating Leading U.S. Electric and Gas Utility
Southern Company to Acquire AGL Resources in $12 Billion Transaction, Creating Leading U.S. Electric and Gas Utility Creation of new, U.S. leading electric and natural gas utility with approximately nine
More informationPositive 4 th quarter solidifies profitable 2010 for Old National
FOR IMMEDIATE RELEASE January 31, 2011 Contacts: Media: Kathy A. Schoettlin (812) 465-7269 Executive Vice President Communications Financial Community: Lynell J. Walton (812) 464-1366 Senior Vice President
More informationWashington Federal Concludes its Fiscal Year with Record Earnings
Wednesday October 21, 2015 FOR IMMEDIATE RELEASE Washington Federal Concludes its Fiscal Year with Record Earnings SEATTLE, WASHINGTON Washington Federal, Inc. (Nasdaq: WAFD), parent company of Washington
More informationMORGAN STANLEY AND CITI TO FORM INDUSTRY-LEADING WEALTH MANAGEMENT BUSINESS THROUGH JOINT VENTURE
For Immediate Release MORGAN STANLEY AND CITI TO FORM INDUSTRY-LEADING WEALTH MANAGEMENT BUSINESS THROUGH JOINT VENTURE Combined Firm, to be Called Morgan Stanley Smith Barney, Will Have More Than 20,000
More informationTerritorial Bancorp Inc. Announces Second Quarter 2015 Results
PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Walter Ida (808) 946-1400 Territorial Bancorp Inc. Announces Second Quarter 2015 Results Earnings per share for the three months ended June 30, 2015 rose to
More informationScotiabank Financials Summit. September 5, 2013
Scotiabank Financials Summit September 5, 2013 1 1 Disclaimer This presentation provides management with the opportunity to discuss the financial performance and condition of Home Capital Group Inc. and
More informationMANAGEMENT S DISCUSSION AND ANALYSIS U308 CORP. (A DEVELOPMENT STAGE COMPANY) THREE AND SIX MONTHS ENDED JUNE 30, 2007 (UNAUDITED)
MANAGEMENT S DISCUSSION AND ANALYSIS U308 CORP. THREE AND SIX MONTHS ENDED JUNE 30, 2007 (UNAUDITED) Prepared by: U3O8 Corp. 69 Yonge St. Suite 310 Toronto ON M5E 1K3 www.u3o8corp.com Table of Contents
More informationManagement Discussion and Analysis of Financial Condition and Results of Operations
February 28, 2013 of Financial Condition and Results of Operations This ( MD&A ) was prepared as of February 28, 2013 and should be read in conjunction with the unaudited Condensed Consolidated Interim
More informationROYAL BANK OF CANADA TO ACQUIRE CITY NATIONAL CORPORATION CONFERENCE CALL THURSDAY, JANUARY 22, 2015
ROYAL BANK OF CANADA TO ACQUIRE CITY NATIONAL CORPORATION CONFERENCE CALL THURSDAY, JANUARY 22, 2015 DISCLAIMER THE FOLLOWING SPEAKERS NOTES, IN ADDITION TO THE WEBCAST AND THE ACCOMPANYING PRESENTATION
More informationGruppo MutuiOnline First Half 2011 Results. 11 th August 2011
Gruppo MutuiOnline First Half 211 Results 11 th August 211 Disclaimer Certain statements contained herein are statements of future expectations and other forward-looking statements. These expectations
More informationThomas A. Bessant, Jr. (817) 335-1100
Additional Information: Thomas A. Bessant, Jr. (817) 335-1100 For Immediate Release ********************************************************************************** CASH AMERICA FIRST QUARTER NET INCOME
More informationFrequently Asked Questions Q3 2006
Frequently Asked Questions Q3 2006 1. Were there any unusual or one-time items in your Q3 results? CIBC s reported diluted earnings per share (EPS) for the third quarter were $1.86. Our EPS was increased
More informationTerritorial Bancorp Inc. Announces 2015 Results
PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Walter Ida (808) 946-1400 Territorial Bancorp Inc. Announces 2015 Results Fully diluted earnings per share for the three months ended December 31, 2015 rose
More information2015 Semi-Annual Management Report of Fund Performance
(the Fund ) For the six-month period ended March 31, 2015 (the period ) Manager: BMO Investments Inc. (the Manager or BMOII ) Portfolio manager: BMO Asset Management Inc., Toronto, Ontario (the portfolio
More informationFIRST CITIZENS COMMUNITY BANK 570-662-0422 15 S. MAIN STREET 570-662-8512 (FAX) MANSFIELD, PA 16933 CONTACT: KATHLEEN CAMPBELL, MARKETING DIRECTOR
CONTACT: KATHLEEN CAMPBELL, MARKETING DIRECTOR FIRST CITIZENS COMMUNITY BANK 570-662-0422 15 S. MAIN STREET 570-662-8512 (FAX) MANSFIELD, PA 16933 CITIZENS FINANCIAL SERVICES, INC. REPORTS FOURTH QUARTER
More informationInvestor Update Second Quarter 2015
Investor Update Second Quarter 2015 Caution re: Forward-looking Statements This presentation provides management with the opportunity to discuss the financial performance and condition of Home Capital
More informationQ1 2012 Earnings Presentation
Q1 2012 Earnings Presentation Three Months Ended March 31, 2012 May 15, 2012 Forward Looking Statements Any statements in this presentation that are not historical or current facts are forward-looking
More informationGeoff Miller CEO. GLI Finance. February 2014
Geoff Miller CEO GLI Finance February 2014 1 Disclaimer IMPORTANT NOTICE These presentation materials (the "Presentation Materials") are being solely issued to and directed at persons who are qualified
More informationRESEARCH IN MOTION REPORTS YEAR-END AND FOURTH QUARTER RESULTS FOR FISCAL 2012
FOR IMMEDIATE RELEASE March 29, 2012 RESEARCH IN MOTION REPORTS YEAR-END AND FOURTH QUARTER RESULTS FOR FISCAL 2012 Waterloo, ON Research In Motion Limited (RIM) (Nasdaq: RIMM; TSX: RIM), a world leader
More informationINC. Mandatory Convertible Offering
Mandatory Convertible Offering October 30, 2015 Forward-Looking Statements This presentation contains forward-looking statements. These forward-looking statements are identified as any statement that does
More informationCoastal Banking Company Reports Fourth Quarter and Full Year 2011 Results
For Immediate Release For More Information: Michael G. Sanchez Andy Mus Chief Executive Officer Senior Vice President Coastal Banking Company Inc. Marsh Communications LLC 904-321-0400 770-621-2700 Coastal
More informationFORACO INTERNATIONAL REPORTS Q3 2014
NEWS RELEASE FORACO INTERNATIONAL REPORTS Q3 2014 Toronto, Ontario / Marseille, France Tuesday, November 4, 2014 Foraco International SA (TSX:FAR) (the Company or Foraco ), a leading global provider of
More informationBrookfield financial Review q2 2010
Brookfield financial Review q2 2010 Overview Operating cash flow and gains totalled $327 million in the second quarter or $0.53 per share compared to $294 million in the prior year. This brings operating
More informationDATAWIND INC MANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS ( MD&A ) FOR THE THREE MONTHS ENDED JUNE 30, 2014
DATAWIND INC MANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS ( MD&A ) FOR THE THREE MONTHS ENDED JUNE 30, 2014 DATED: AUGUST 14, 2014 1 MANAGEMENT S DISCUSSION AND
More informationCanada s online lending platform
Canada s online lending platform Transforming the way Canadians access and control credit Mogo Finance Technology Inc. JUNE 2015 DAVID FELLER / FOUNDER & CEO GREG FELLER / PRESIDENT & CFO Forward-Looking
More informationOVID CAPITAL VENTURES INC./ ENTREPRISES OVID CAPITAL INC. CONDENSED INTERIM FINANCIAL STATEMENTS (Unaudited - See Notice to Reader) March 31, 2015
CONDENSED INTERIM FINANCIAL STATEMENTS March 31, MARCH 31, CONTENTS Page NOTICE TO READER 2 FINANCIAL STATEMENTS Unaudited Condensed Interim Statement of Financial Position 3 Unaudited Condensed Interim
More informationCOMMUNITY BANK OF BERGEN COUNTY, NJ REPORTS FIRST QUARTER 2016 NET INCOME OF $0.23 PER SHARE
COMMUNITY BANK OF BERGEN COUNTY, NJ REPORTS FIRST QUARTER 2016 NET INCOME OF $0.23 PER SHARE MAYWOOD, N.J., April 21, 2016 Community Bank of Bergen County, NJ (OTCPink: CMTB) reported net income for the
More informationIFMI REPORTS SECOND QUARTER 2015 FINANCIAL RESULTS
IFMI REPORTS SECOND QUARTER 2015 FINANCIAL RESULTS Second Quarter Adjusted Operating Income of $1.0 Million or $0.05 per Diluted Share Board Declares Dividend of $0.02 per Share Philadelphia and New York,
More informationWESTERN FINANCIAL GROUP REPORTS FIRST QUARTER 2009 RESULTS
For Immediate Release WESTERN FINANCIAL GROUP REPORTS FIRST QUARTER 2009 RESULTS High River, Alberta May 14, 2009, (TSX WES) - Western Financial Group ( the Company ) announced today its operating and
More informationAPX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS
APX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS 1st Quarter Financial Highlights Total revenues of $130.2 million for the first quarter 2014, an increase of 21.8%, compared to $106.9
More informationNews Release For Immediate Release
News Release For Immediate Release Contact: Thomas Duryea, President and CEO, Summit State Bank (707) 568-4920 Summit State Bank Reports Continued Profitability; Strong Margins and Deposit Growth SANTA
More informationDriving Shareholder Value
Driving Shareholder Value Business Model and Capital Allocation Strategy Wolfgang Nickl CFO, Western Digital September 13, 2012 SAFE HARBOR Forward-Looking Statements This presentation contains forward-looking
More informationAGM Presentation 27 November 2015
AGM Presentation 27 November 2015 Agenda Overview Segments Services Consumer Lending Business Lending Financial results 2015 5 Year Strategic Plan 2016 to 2020 July to October 2015 2 Overview Overview
More informationNSS Resources Inc. MANAGEMENT DISCUSSION AND ANALYSIS For the year ended June 30, 2015
This Management Discussion and Analysis ( MD&A ) of NSS Resources Inc., ( NSS or the Company or the Issuer ) provides an analysis of the Company s performance and financial condition for the 12 months
More informationEnbridge Income Fund Holdings Inc. Announces Second Quarter Results; Declares Monthly Dividend
NEWS RELEASE Enbridge Income Fund Holdings Inc. Announces Second Quarter Results; Declares Monthly Dividend HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars) Earnings for the second
More informationQUAINT OAK BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS
FOR RELEASE: Tuesday, July 28, 2015 at 4:30 PM (Eastern) QUAINT OAK BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS Southampton, PA Quaint Oak Bancorp, Inc. (the Company ) (OTCQX: QNTO), the holding company
More informationQ2 2012 Financial Results Conference Call
Q2 2012 Financial Results Conference Call Conference Call August 9, 2012 1 Cautionary Statement Forward-Looking Statements This presentation may contain certain information that may constitute forward
More informationPROPOSED ARRANGEMENT AND VOTING INFORMATION FEBRUARY 2016 INVESTOR PRESENTATION
PROPOSED ARRANGEMENT AND VOTING INFORMATION FEBRUARY 2016 INVESTOR PRESENTATION 1 BACKGROUND Long Run s capital structure is challenged as a result of the significant decline in commodity prices that has
More informationDISCOVER FINANCIAL SERVICES REPORTS THIRD QUARTER RESULTS
DISCOVER FINANCIAL SERVICES REPORTS THIRD QUARTER RESULTS Earnings Per Share $0.42; Net Income of $202 Million Board of Directors Declares $0.06 Dividend Riverwoods, IL, September 25, 2007 -- Discover
More informationFederal Home Loan Bank of San Francisco Announces Second Quarter Operating Results
News Release Federal Home Loan Bank of San Francisco Announces Second Quarter Operating Results San Francisco, The Federal Home Loan Bank of San Francisco today announced that its net income for the second
More informationNews Release January 28, 2016. Performance Review: Quarter ended December 31, 2015
News Release January 28, 2016 Performance Review: Quarter ended December 31, 20% year-on-year growth in total domestic advances; 24% year-on-year growth in retail advances 18% year-on-year growth in current
More informationSPHERE 3D ENTERS INTO DEFINITIVE MERGER AGREEMENT WITH OVERLAND STORAGE SPHERE 3D ANNOUNCES $10.0 MILLION BOUGHT DEAL FINANCING
SPHERE 3D ENTERS INTO DEFINITIVE MERGER AGREEMENT WITH OVERLAND STORAGE SPHERE 3D ANNOUNCES $10.0 MILLION BOUGHT DEAL FINANCING Not for distribution in the United States or through United States wire services
More informationNews Release INVESTOR AND MEDIA CONTACT: George R. Kirkland Senior Vice President and Treasurer Phone: (229) 873-3830 gkirkland@sgfc.
Southwest Georgia Financial Corporation 201 First Street S.E. Moultrie, GA 31768 PH: (229) 985-1120 FX: (229) 985-0251 News Release INVESTOR AND MEDIA CONTACT: George R. Kirkland Senior Vice President
More informationFOR IMMEDIATE RELEASE. Trinity Industries, Inc. Reports Strong Fourth Quarter and Full Year 2012 Results
NEWS RELEASE Investor Contact: Jessica Greiner Director of Investor Relations Trinity Industries, Inc. 214/631-4420 FOR IMMEDIATE RELEASE Trinity Industries, Inc. Reports Strong Fourth Quarter and Full
More informationfinancial supplement 31 december 2009 Contact: Jonathan Creagh-Coen Telephone: +44 (0) 207 264 4066 Email: jcc@lancashiregroup.com
financial supplement 31 december 2009 Contact: Jonathan Creagh-Coen Telephone: +44 (0) 207 264 4066 Email: jcc@lancashiregroup.com NOTE REGARDING FORWARD-LOOKING STATEMENTS: CERTAIN STATEMENTS AND INDICATIVE
More informationOne of Canada s Fastest Growing Automotive Finance Companies
One of Canada s Fastest Growing Automotive Finance Companies This presentation contains forward-looking statements, including, in particular statements about RIFCO s plans, strategies and prospects. These
More informationA Banker s Quick Reference Guide to CRA
Federal Reserve Bank of Dallas A Banker s Quick Reference Guide to CRA As amended effective September 1, 2005 This publication is a guide to the CRA regulation and examination procedures. It is intended
More information[Insert: Full Legal Name of the Company] (the Company ) (Collectively the Company and the Shareholder are the Parties ).
Summary Terms for a Shareholder s Agreement THIS AGREEMENT made as of the day of [], 200[]. A M O N G: [Insert: Investor], ( Shareholder ) - and - [Insert: Full Legal Name of the Company] (the Company
More information