Propel Holdings reported a record third quarter in 2025, demonstrating robust growth amidst challenging macroeconomic conditions, highlighted by a 30% year-over-year revenue increase and strong credit performance.

• Total originations funded reached $205 million, up 37% year-over-year, fueling the record revenue of $152.1 million.
• Net income surged 43% to $15 million, with adjusted net income increasing by 16% to $16.2 million compared to Q3 2024.
• Canadian operations saw 41% year-over-year revenue growth, reflecting strong credit performance despite broader economic headwinds.
• Propel's Lending as a Service segment achieved record revenue exceeding $5 million, driven by geographic expansion and increased partner commitments.
• The Board approved a dividend increase to $0.84 per share annually, marking the ninth consecutive increase and demonstrating solid financial health.