Professional
Added to YB: 2024-02-01
Pitch date: 2024-02-01
CURN [bullish]
Currency Exchange International, Corp.
-4.88%
current return
Author Info
No bio for this author
Company Info
Currency Exchange International, Corp., together with its subsidiary, Exchange Bank of Canada, provides foreign exchange technology and processing services in Canada and the United States.
Market Cap
CAD 89.5M
Pitch Price
CAD 24.18
Price Target
36.00 (+57%)
Dividend
N/A
EV/EBITDA
0.46
P/E
38.56
EV/Sales
0.11
Sector
Consumer Finance
Category
growth
Greystone Capital top 5 holding - Currency Exchange International ($CURN)
$CURN: Despite flat stock in FY23, record revenue exceeds pre-COVID; buyback to boost EPS. Growth levers: Payments, airport agents, online FX, Exchange Bank of Canada trust accounts for larger transactions. Operating leverage to return, liquidation value limits downside, 100% upside path.
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