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  1. 08-07-2018, 12:01 PM #4
    mcaguru
    mcaguru is offline
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    Quote Originally Posted by Karen37a View Post
    Aug 7 (Reuters) - OnDeck Capital Inc topped second-quarter profit estimates on Tuesday, as the online lender gave out more loans and earned more from higher interest rates.

    The company now expects a full-year 2018 profit of between $10 million and $16 million, from its previous forecast of up to $10 million
    well i need to study what the true valuation of a firm earning 15M with all the other growth trends.. fin-tech is typically valued 7/8 times ebitda. also if economy corrects would they still be able to sustain current model ( and im not talking funding model -- im talking how they sell the deals etc).
    Last edited by mcaguru; 08-07-2018 at 12:04 PM.
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