$IEGH hugeeee full year revenue increase 2815%! St
Post# of 94143
Posted On: 02/26/2016 10:20:12 AM
$IEGH hugeeee full year revenue increase 2815%! Strong Loan Volume Growth for the company - (Marketwired - February 19, 2016) - IEG Holdings Corporation (IEGH) announced today that its full year revenue increased 2,815% from $62,949 in 2013 to $1,835,165 in 2015 and 247% from $529,225 in 2014, driven by continued strong loan volume growth. Since January 2014, cumulative loan volume has increased by 1,825% from $587,000 to $11,304,023 as of January 31, 2016. Other highlights of 2015 were the full repayment of all debt and an increase in net assets to $7.65 million. Please visit http://ir.investmentevolution.com/financial-results for a copy of IEGH's full year report on Form 10-K, as filed with the Securities and Exchange Commission.
The rapid loan volume growth is being driven by the online lending website, www.mramazingloans.com, low acquisition cost lead sources and continued state license expansion. Management aims for IEGH to be in a position to offer loans in 25 US states during 2016, covering approximately 240 million people and representing 75% of the US population.
http://finance.yahoo.com/news/ieg-holdings-co...34319.html
The rapid loan volume growth is being driven by the online lending website, www.mramazingloans.com, low acquisition cost lead sources and continued state license expansion. Management aims for IEGH to be in a position to offer loans in 25 US states during 2016, covering approximately 240 million people and representing 75% of the US population.
http://finance.yahoo.com/news/ieg-holdings-co...34319.html
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