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Home Service Industry news Tertiary news IOU Financial Inc. Releases Financial Results for the Year Ended December 31, 2018

IOU Financial Inc. Releases Financial Results for the Year Ended December 31, 2018

IOU posts annual IFRS net earnings and adjusted net earnings of $2.7 million in 2018. Loan originations increased 36.8% to US$125.0 million during the year ended December 31, 2018; Total loans under management increased 55.5% to $95.9 million in 2018. Provision for loan losses (net of recoveries) decreased 43.


Posted: 2019-04-26 03:52:00

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