Wisr (WZR) 24.5c

WZR +8.89%: Released a quarterly trading update today and the trends remain very strong. This is a company that continues to print very impressive growth yet the SP has been subdued – we think it’s just a matter of time before that changes. In January loan volumes were up 103% from $11.5m this time last year to $23.3m, February saw a bigger increase from $13.2m to $35.5m and March volume was $39m. The business is clearly accelerating however they’re also growing sensibly. Scale is key here and their finally achieving this across multiple lines

Here is a snapshot of loan originations over time, it’s all about growth.

We hold WZR in the MM Emerging Companies Portfolio.