Added to YB: 2024-04-12
Pitch date: 2024-04-11
DLCG.TO [bullish]
Dominion Lending Centres Inc.
+239.88%
current return
Author Info
No bio for this author
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Company Info
Dominion Lending Centres Inc. provides mortgage brokerage franchising and mortgage broker data connectivity services in Canada.
Market Cap
CAD 374.2M
Pitch Price
CAD 2.89
Price Target
N/A
Dividend
1.54%
EV/EBITDA
14.27
P/E
37.64
EV/Sales
7.30
Sector
Financial Services
Category
turnaround
Show full summary:
$DLCG.TO's Strategic Advantage in Canada's Mortgage Industry
DLCG.TO: Canada's top mortgage broker, strong founders grew to $150M since '06. Newton SaaS disintermediates legacy solution. Revenue rebounding after tough '22-23. '25-26 renewal boom coming. Insiders own 75% of the 60% pubco stake. 11x trough / 6.5x peak EBITDA. Housing rebound play.
Read full article (1 min)