EarningsPropel reported Q1 results featuring a beat on credit and EPS, with revenue growing by 44% year-over-year.
PartnershipsManagement anticipates additional LaaS partnerships to contribute in the second half of the year, potentially driving further revenue growth.
ValuationDespite a recent rally in shares, Propel is viewed as undervalued given the expectation for strong earnings growth and growth in LAAS and QuidMarket revenue.