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goeasy Q3 2026 Swings to Net Loss of CAD 17.01 Million Year-on-Year

PUBT·11/10/2026 22:12:16
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goeasy Q3 2026 Swings to Net Loss of CAD 17.01 Million Year-on-Year
  • goeasy swung to a third-quarter 2026 net loss of CAD 17 million from a year-earlier profit.
  • Revenue fell 18% year over year to CAD 371.6 million.
  • Gross loan originations dropped 40% year over year to CAD 567.5 million, primarily due to tighter underwriting for merchant-originated automotive and powersports loans.
  • Quarterly dividends and share repurchases remain suspended indefinitely to preserve capital and maintain liquidity.
  • Fourth-quarter 2026 guidance projects period-end gross consumer loans receivable of CAD 4.6 billion to CAD 4.8 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. goeasy Ltd. published the original content used to generate this news brief via CNW (Ref. ID: 202611101710CANADANWCANADAPR_C1165) on November 10, 2026, and is solely responsible for the information contained therein.