I agree - in line with expectations. The revenue numbers are up...

I agree - in line with expectations. The revenue numbers are up significantly (33%) from prior period and this will take some time to filter through to the bottom line, as a higher proportion of the new origination seem to be finance leases. Provided they have kept their standards in lending...

Acquisition also looks interesting, basicially looks like they're buying $40m of receivables for $42m. Given the o/head that would need to be spent in writing those from scratch that's probably not a bad deal. Hopefully they've done the DD and they are recoverable.

It was interesting to note that they've discontinued their rent try drive trial, does anyone have more info on this?