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Prosper Marketplace Inc   (PRMC)
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Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 77
 Employees 404
 Revenues (TTM) (Millions $) 158
 Net Income (TTM) (Millions $) -45
 Cash Flow (TTM) (Millions $) 9
 Capital Exp. (TTM) (Millions $) 16

Prosper Marketplace Inc
Prosper Marketplace Inc is a peer-to-peer lending marketplace that connects borrowers and investors. The company was founded in 2005 in San Francisco, California and has since become one of the largest marketplace lenders in the world. Prosper Marketplace facilitates loans for a wide range of purposes, such as debt consolidation, home improvement, and personal loans.

Prosper Marketplace Inc operates as an online platform that enables borrowers to access unsecured loans from lenders without the need for traditional financial institutions. The company operates by matching borrowers with investors who are seeking a return on their investment. Funds for loans are provided through a network of individual investors, hedge funds, and financial institutions.

Prosper Marketplace Inc has developed a proprietary technology that enables it to analyze borrowers' creditworthiness in real-time. The company uses a combination of traditional credit data and non-traditional data, such as employment history and social media activity, to assess an applicant's credit risk. This allows Prosper Marketplace to offer competitive rates to borrowers while providing investors with the opportunity to access higher returns.

Prosper Marketplace Inc is regulated by the Securities and Exchange Commission (SEC) and has received approval from the Financial Industry Regulatory Authority (FINRA). The company is also a member of the Peer-to-Peer Finance Association (P2PFA) and has been recognized as a leader in the peer-to-peer lending industry.

In recent years, Prosper Marketplace Inc has expanded its offerings to include institutional lending and has formed partnerships with traditional financial institutions to provide access to its lending platform. The company has also launched Prosper Daily, an app that allows users to track their credit score, monitor their spending, and receive personalized financial advice.

Overall, Prosper Marketplace Inc has revolutionized the lending industry by providing an alternative to traditional banking institutions. Through its innovative technology and commitment to transparency, the company has disrupted the traditional lending market and has helped borrowers and investors obtain loans and investments at competitive rates.


   Company Address: 221 Main Street San Francisco 94105 CA
   Company Phone Number: 593-5426   Stock Exchange / Ticker: PRMC


   

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Prosper Marketplace Inc

Prosper Marketplace Inc. Surges into Profitability with 7.731% Revenue Growth in Q1 2024

Prosper Marketplace Inc, a Miscellaneous Financial Services company, has reported a rise in revenue of 7.731% year on year to $43.49 million in the January to March 31, 2024 period. This increase in revenue has helped the company reach profitability again and exhibit earnings per share of $0.02.
Although the company has seen positive growth, its revenue surge falls short compared to the overall Miscellaneous Financial Services sector, which reported a 14.32% increase in the first quarter of 2023. This indicates that while Prosper Marketplace Inc is making progress, it still has room for improvement to match the industry average.

Prosper Marketplace Inc

Prosper Marketplace Inc. Faces Investor Concerns with Sharp Revenue Decrease and Rising Losses

/>The struggling state of Prosper Marketplace Inc. has captured the attention of investors as weak orders have resulted in a sharp rise in losses for the company during the October to December quarter of 2023. With revenue experiencing a significant decline of 28.489% and net loss per share soaring to $-0.18, the company's performance is in stark contrast to the overall growth seen in the Miscellaneous Financial Services industry.
Q4 2023 Financial Performance:
During the October to December period of 2023, Prosper Marketplace Inc. reported a net loss per share of $-0.18, in comparison to $-0.05 in the same quarter a year ago. Additionally, the company witnessed a decline in revenue from $45.58 million in the previous year to $32.60 million, reflecting a decrease of 28.489%.

Prosper Marketplace Inc

Prosper Marketplace Inc Witnesses a Remarkable Dip in Revenue During the Third Quarter of 2023 Earnings Season

Prosper Marketplace Inc, a leading online lending platform, has recently released its financial report for the July to September 30, 2023 period, revealing some concerning figures. The company's deficit has significantly swelled to $0.41 per share compared to just $0.01 per share the previous year. However, it is important to note that EPS has improved from $-0.70 per share in the prior reporting period.
One of the most striking findings in the report is the sharp decline in revenue, which faded by a staggering 45.042% to reach $33.20 million, compared to $60.41 million in the same reporting period a year ago. Nevertheless, there is a positive silver lining as the company managed to achieve a sequential revenue increase of 5.293% from $31.53 million.

Prosper Marketplace Inc

Prosper Marketplace Inc Sinks at Record Speed, Racking Up $-0.70 Deficit in Just Three Months!

The stock market can be a fickle place, with constant ups and downs that can make even the most seasoned investors uneasy. However, there are always opportunities to be found, even in the most challenging of times. One such opportunity lies with Prosper Marketplace Inc, a company that has recently faced some setbacks but is showing promising signs for the future.
In the April to June 30, 2023 time-frame, Prosper Marketplace Inc reported a shortfall per stock of $-0.70 per share, a stark contrast to the $0.04 per share reported the previous year. Despite this, it is important to look at the bigger picture and consider the progress made over time. When compared to the previous reporting season, the company has actually seen a significant improvement, with a surge from $-0.12 per share.

Prosper Marketplace Inc

Prosper Marketplace Inc's Losses Widen to $-0.12, However, Topline Grows Steadily at the PRMC Throughout Recent Fiscal Period

Financial News Report: Prosper Marketplace Inc Sees Cumulative Net Loss in Q1 2023
Prosper Marketplace Inc, the San Francisco-based online lending platform, has reported a cumulative net loss of $-22 million for the 12 months ending in the first quarter of 2023. The company's overall ranking has also deteriorated compared to the fourth quarter of 2022, declining from 0 to 993.
According to the latest data from the Miscellaneous Financial Services industry, Prosper Marketplace Inc has lagged behind its peers in terms of employees' income per employee. Seven other companies in the sector have reported a higher income per employee than Prosper.







Prosper Marketplace Inc's Segments
Personal Loan    78.97 % of total Revenue
Home Equity    1.12 % of total Revenue
Credit Card    19.9 % of total Revenue





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