NextPoint Financial Inc.
NACQF
Other OTC0.22
USD
-0.69
- -
Return %
Stock
S&P500
1Y
-90.43
26.53
3Y
-98.02
76.60
5Y
-98.02
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Scott Thomas Terrell
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 3 Bentall Ctr Vancouver BC Canada V7X 1L3
- IPO Date
- Jul 7, 2021
- Website
- nextpointacquisition.com
- Similar Companies
- Business
- NextPoint Financial Inc. operates as a financial services marketplace primarily serving consumers and small businesses across North America. The company provides tax preparation services through its Liberty Tax and Community Tax subsidiaries; Liberty Tax offers income tax preparation services in the United States and Canada, while Community Tax specializes in tax debt resolution services at federal and state levels. Additionally, NextPoint offers specialty finance lending through its LoanMe segment, which originates, acquires, and markets unsecured consumer installment loans for individuals and businesses in the U.S. Its product and service portfolio includes tax preparation; tax debt resolution; unsecured consumer and small business loans; and related financial products including new offerings targeting small business loans and mortgages. NextPoint Financial, founded in 2021 and headquartered in Canada, has expanded its financial services platform by combining Liberty Tax, LoanMe, and Community Tax under one umbrella, creating a diversified financial services company with over 1.6 million combined customers. Recent major changes include a restructuring support agreement aiming to reduce the company's debt burden, a leadership transition, and securing financing to sustain operations and growth. The company completed concurrent acquisitions of Liberty Tax and LoanMe in 2021, positioning itself for an omni-channel rollout of expanded product lines. It operates approximately 2,700 locations across North America and leverages digital platforms to enhance customer reach and service delivery. Subsidiaries include NextPoint Holdco LLC, NPLM Holdco LLC, LoanMe LLC, LoanMe Funding LLC, LM BP Holdings LLC, and Community Tax LLC among others, reflecting its integrated business structure focused on financial solutions for underserved markets.
NextPoint strikes restructuring deal to sell assets
NextPoint Financial Announces Transaction to Reduce Debt and Strengthen Capital Structure