For fiscal 2004 2005, Rentcash reported revenues of 77.3 million Canadian dollars, 55.1 million, or nearly 250 per 100 more than last year. The company was thus its first profitable year, with net income of 7.3 million Canadian dollars in 2003 after suffering a net loss in 2004 of CAN $ 219 264 (9). In 2005, Rentcash was ranked first (best small cap) from the series’ Investor 500 “by Canadian Business Magazine ranked second (more than 20 million dollars) from the series” Top Performers “of the journal Alberta Venture, and the seventh annual list of “Profit Hot 50? (50 emerging Canadian companies has strong potential for growth) of Profit magazine. According Rentcash, increased his earnings into the continued expansion of its outlets, the expansion of its store sales and the acquisition of established stores. In addition, the brokerage industry has grown within the Company, offsetting losses in the sector leasing and increased spending on business.
Cash Money is the third major player. Unlike DFG and Rentcash, it does not publish its annual report. According to its website, Cash Money Cheque Cashing Inc.. is a Canadian owned and operated by Canadians who opened his first store in Toronto in 1992 and now has more than 70 points for granting payday loan in British Columbia, Alberta, Manitoba , Ontario, New Brunswick and Nova Scotia. While most outlets payday loans in Canada belong to one of three companies described above, there are also many small companies that have one or more locations offering payday loan services to Canadians.