GOEASY LTD chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 37.56
Dividend & Yield3.64C$ (3.26%)
Beta 2.11
Market capitalization 1.78B
Operating cash flow -328.46M
ESG Scores unknown

Company description

goeasy Ltd. provides non-prime leasing and lending services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, home equity, and auto loans; point-of-sale and small business financing; and value-added services. The Easyhome segment leases household furniture, appliances, electronics, computers, and unsecured lending products to retail consumers. As of December 31, 2021, it operated 294 easyfinancial locations that include 8 kiosks, as well as 158 easyhome stores that include 34 franchises. The company was formerly known as easyhome Ltd. and changed its name to goeasy Ltd. in September 2015. goeasy Ltd. was incorporated in 1990 and is headquartered in Mississauga, Canada

Sector: Financial Services - Industry: Credit Services

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 3.21M -6.54M 5.08M 9.77M
Total Cashflows From Investing Activities -15.62M -45.13M -28.67M -210.63M
Net Borrowings 202.58M 179.07M 65.74M 228.11M
Total Cash From Financing Activities 217.98M 147.15M 973k 298.94M
Change To Operating Activities -405.25M -421.34M -244.05M -480.87M
Issuance Of Stock 45.14M 3.84M 1.72M 170.18M
Net Income 53.12M 64.35M 136.5M 244.94M
Change In Cash -9.18M -53.85M 46.71M 9.43M
Effect Of Exchange Rate
Total Cash From Operating Activities -211.54M -155.87M 74.41M -78.88M
Depreciation 46.19M 59.14M 58.11M 62.17M
Change To Account Receivables
Other Cashflows From Financing Activities 1.21M 1.21M -205k 1.57M
Change To Netincome 82.62M 143.11M 98.11M 43.2M
Capital Expenditures -11.22M -8.22M -14.4M -7.82M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 73.92M 89.51M 183.18M 316.85M
Net Income 53.12M 64.35M 136.5M 244.94M
Selling General Administrative 179.45M 179.98M 199.78M 229.2M
Gross Profit 339.92M 394.07M 462.42M 566.75M
Ebit
Operating Income 71.71M 107.64M 160.93M 210.73M
Interest Expense
Income Tax Expense 20.79M 25.16M 46.68M 71.91M
Total Revenue 339.92M 394.07M 462.42M 566.75M
Cost Of Revenue
Total Other Income ExpenseNet 2.21M -18.12M 22.25M 106.12M
Net Income From Continuing Ops 53.12M 64.35M 136.5M 244.94M
Net Income Applicable To Common Shares 53.12M 64.35M 136.5M 244.94M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 754.15M 986.2M 1.06B 1.81B
Total Stockholder Equity 301.53M 332.42M 443.51M 789.91M
Other Current Liabilities 10.75M 8.63M 20.56M 38.55M
Total Assets 1.06B 1.32B 1.5B 2.6B
Common Stock 138.09M 141.96M 181.75M 363.51M
Other Current Assets 3.83M 7.08M 13.01M 8.02M
Retained Earnings 143.71M 171.08M 247.31M 395.25M
Treasury Stock 3.62M -915k -5.28M 8.57M
Cash 100.19M 46.34M 93.05M 102.48M
Total Current Liabilities 55.85M 70.78M 106.13M 137.95M
Other Stockholder Equity 3.62M -915k -5.28M 8.57M
Property, Plant, and Equipment 21.28M 69.15M 77.66M 92.42M
Total Current Assets 936.42M 1.15B 1.32B 2.12B
Net Tangible Assets 265.63M 293.36M 396.96M 449.34M
Net Receivables 797.3M 1.06B 1.16B 1.92B
Accounts Payable 45.1M 41.35M 46.06M 57.13M


Insider Transactions

Here are the insider transactions of stock shares related to GOEASY LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Appel (David Harry)I2022-10-19Director of Issuer6.36k
Appel (David Harry)I2022-10-19Director of Issuer6.36k
Appel (David Harry)I2022-10-19Director of Issuer5.64k
Appel (David Harry)I2022-10-19Director of Issuer5.64k
Appel (David Harry)D2022-10-19Director of Issuer71.55k
Appel (David Harry)I2022-10-19Director of Issuer71.55k
Ali Khan (Mir Farhan)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer13
Ali Khan (Mir Farhan)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer2
Ali Khan (Mir Farhan)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer9
Appel (Jason)Stock dividend at price 76.20 per share.D2022-10-14Senior Officer of Issuer120
Appel (Jason)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer28
Appel (Jason)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer19
Appel (Jason)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer17
Appel (Jason)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer15
Appel (Jason)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer13
Appel (Jason)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer2
Appel (Jason)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer2
Appel (Jason)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer2
Khouri (Halim)Stock dividend at price 76.20 per share.D2022-10-14Senior Officer of Issuer173
Khouri (Halim)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer34
Khouri (Halim)Stock dividend at price 76.20 per share.I2022-10-14Senior Officer of Issuer8
Morrison (Sean)Acquisition or disposition in the public market at price 90.77 per share.I2022-09-19Director of Issuer3.44k
Johnson (Donald Kenneth)I2022-08-2210% Security Holder of Issuer35k
Appel (Jason)Acquisition or disposition in the public market at price 108.45 per share.I2022-08-17Senior Officer of Issuer100
Appel (Jason)Acquisition or disposition in the public market at price 111.36 per share.I2022-08-15Senior Officer of Issuer75
Khouri (Halim)D2022-08-12Senior Officer of Issuer7.01k
Ali Khan (Mir Farhan)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer12
Ali Khan (Mir Farhan)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer4
Ali Khan (Mir Farhan)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer8
Ali Khan (Mir Farhan)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer1
Appel (Jason)Stock dividend at price 76.38 per share.D2022-07-08Senior Officer of Issuer128
Appel (Jason)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer28
Appel (Jason)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer21
Appel (Jason)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer15
Appel (Jason)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer17
Appel (Jason)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer13
Appel (Jason)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer1
Appel (Jason)Stock dividend at price 76.38 per share.I2022-07-08Senior Officer of Issuer4
Cooper (David Thomas)Acquisition or disposition in the public market at price 95.06 per share.D2022-06-08Director of Issuer30
Poole (Steven Donald)Exercise of options at price 32.46 per share.D2022-06-02Senior Officer of Issuer1.03k
Ali Khan (Mir Farhan)D2022-05-20Senior Officer of Issuer134
Ali Khan (Mir Farhan)I2022-05-20Senior Officer of Issuer40
Ali Khan (Mir Farhan)I2022-05-20Senior Officer of Issuer54
Ali Khan (Mir Farhan)I2022-05-20Senior Officer of Issuer38
Appel (Jason)Acquisition or disposition in the public market at price 86.13 per share.I2022-05-18Senior Officer of Issuer40
Metel (Ali Sahap)D2022-05-02Senior Officer of Issuer
Schell (Mark John)D2022-05-02Senior Officer of Issuer
Ali Khan (Mir Farhan)Stock dividend at price 103.41 per share.I2022-04-08Senior Officer of Issuer11
Ali Khan (Mir Farhan)Stock dividend at price 103.41 per share.I2022-04-08Senior Officer of Issuer2
Ali Khan (Mir Farhan)Stock dividend at price 103.41 per share.I2022-04-08Senior Officer of Issuer8
Appel (Jason)Stock dividend at price 103.41 per share.D2022-04-08Senior Officer of Issuer96

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to GOEASY LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on GOEASY LTD

Here is the result of two systematic investment strategies applied to GOEASY LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on GOEASY LTD

The following chart shows the equity curve of the two systematic investment strategies applied to GOEASY LTD:

GOEASY LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 50.52% on the backtest period.

Performance at glance

Performance

50.52 %

Latent gain

690.72 C$

Invested capital

1367.17 C$

Annualized return

12.2 %
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Momentum strategy results on GOEASY LTD

This is the result of two momentum investment strategies applied to GOEASY LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on GOEASY LTD

The following chart shows all the entries opened by the momentum investment system on GOEASY LTD:

GOEASY LTD momentum entries
  • The first momentum investment strategy would give 76.17% of return on GOEASY LTD. That represents 2950.17C$ of latent gain with 3873.36C$ of employed capital.
  • The second momentum investment strategy would give 133.57% of return on GOEASY LTD. That represents 1300.7C$ of latent gain with 973.81C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

76.17 %

Latent gain

2950.17 C$

Invested capital

3873.36 C$

Annualized return

-5.83 %
Performance at glance (2Q Momentum)

Performance

133.57 %

Latent gain

1300.7 C$

Invested capital

973.81 C$

Annualized return

36.49 %

Momentum equity curve on GOEASY LTD

The following chart shows the equity curve of the two momentum strategies applied to GOEASY LTD:

GOEASY LTD momentum equity

Note: the dividends potentially given by GOEASY LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GOEASY LTD

The following chart shows the employed capital evolution of the two momentum strategies on GOEASY LTD since the beginning:

GOEASY LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on GOEASY LTD

Buy the dip entry openings on GOEASY LTD

GOEASY LTD

The performance achieved by the robo-advisor on GOEASY LTD is -12.47%. That represents -262.3$ of latent gain with 2103.57C$ of employed capital. The following chart shows GOEASY LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of GOEASY LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-12.47 %

Latent gain

-262.3 C$

Invested capital

2103.57 C$

Annualized return

-5.83 %

Equity curve of the strategy applied to GOEASY LTD

The following chart shows the result of the investment strategy applied to GOEASY LTD:

GOEASY LTD

Note: the dividends potentially given by GOEASY LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GOEASY LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on GOEASY LTD:

GOEASY LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on GOEASY LTD

In this section, I will compare the three previous investment strategies applied to GOEASY LTD.

Equity curve comparison on GOEASY LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

GOEASY LTD investment strategy comparison

Employed capital comparison on GOEASY LTD

GOEASY LTD investment comparison

Performance comparison on GOEASY LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 50.52% 690.72C$ 1367.17C$ 12.2%
Momentum 1 quarter 76.17% 2950.17C$ 3873.36C$ 19.53%
Momentum 2 quarters 133.57% 1300.7C$ 973.81C$ 36.49%
Non-directional -12.47% -262.3C$ 2103.57C$ -5.83%
Annualized return comparison

Automatic investment

12.2 %

Momentum 1Q

36.49 %

Momentum 2Q

36.49 %

Non-directional

-5.83 %

Correlated stocks

Here are the most positively and negatively correlated stocks with GOEASY LTD:

Note: The algorithm computes the probability of correlation between GOEASY LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of GOEASY LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name GOEASY LTD
Country Canada
City Mississauga
Address 33 City Centre Drive
Phone
Website www.goeasy.com
FullTime employees 2300
Industry Credit Services
Sector Financial Services
Exchange XTSE
Ticker GSY.XTSE
Market

GOEASY LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown