Results 1 to 14 of 14
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08-19-2015, 01:53 PM #1
Online lending firm Enova International Inc. (NYSE: ENVA) paid $27 million for Busine
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08-19-2015, 01:54 PM #2
What do you think about this Chambo? TBB has always been a favorite company of yours.
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08-19-2015, 02:03 PM #3
$27 million? that's it?
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08-19-2015, 02:08 PM #4
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08-19-2015, 02:10 PM #5
when I saw those #'s I chuckled. David is always bragging to me about how huge they are.
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08-19-2015, 02:13 PM #6
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- Apr 2013
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- NY
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08-19-2015, 02:25 PM #7
They've funded more than $300 mil though since inception so i'd say they were pretty big...
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08-19-2015, 04:16 PM #8
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- Dec 2013
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- 4,713
the owners own headway capital
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08-19-2015, 06:01 PM #9
- Join Date
- Sep 2012
- Posts
- 75
I don't see the $19.6 mil in revenue. Wouldn't the payback dollars coming in count towards revenue? And if so, the numbers should be significantly higher then 19.6 mil considering they funded more than $300 mil since inception.
www.swipebms.com
*Credit Card Processing for the Cash Advance Industry.
*Most Cash Advance friendly Processor.
*We split fund for virtually every Cash Advance provider!
*Need split funding? We can help!
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08-19-2015, 06:31 PM #10
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08-19-2015, 07:16 PM #11
- Join Date
- Sep 2014
- Posts
- 430
Principal repayment isn't counted as revenues under GAAP. Only interest and fees.
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08-19-2015, 10:42 PM #12
- Join Date
- Oct 2013
- Posts
- 45
Online lending firm Enova International Inc. (NYSE: ENVA) paid $27 million for Busine
It's very exciting to see this type of a valuation in our space. With that revenue multiplier I have no doubt that their valuation was primary based on the fintech piece
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08-20-2015, 09:43 AM #13
- Join Date
- Dec 2013
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- 4,713
I think the untold story is more public companies are seeing little risk in having an MCA Company in there portfolio. I would predict Enova actually picking up some more MCA companies in the near future. I wonder what Isaac Stern thinks of ENVA Stock? (Disclaimer: I may be a shareholder).
https://www.google.com/finance?q=NYS...aHIHNOge76OoTA
With a market cap shy of 400M I can easily see the Market cap in par with revenues (at a minimum) that would take the stock into the high 20's
other stocks in our space
*NEWT
https://www.google.com/finance?q=new...jfAoj3eMKGg9gH
*EXCC (Disclaimer: I own 3% of the company).
https://www.google.com/finance?q=exc...ngDOaxefWRhvgH
*OTCMKTS:IOUFF
https://www.google.com/finance?q=OTC...HgFMfHe4Lrp7gKLast edited by mcaguru; 08-20-2015 at 10:03 AM.
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08-20-2015, 04:30 PM #14
- Join Date
- Sep 2012
- Posts
- 75
www.swipebms.com
*Credit Card Processing for the Cash Advance Industry.
*Most Cash Advance friendly Processor.
*We split fund for virtually every Cash Advance provider!
*Need split funding? We can help!
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