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Goeasy Denies $300M Credit Loss Claims, Shares Plummet 15%

9/26/2025

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Summary

Story summary

Goeasy Ltd. (GSY-T), of Mississauga, Ontario, denies Jehoshaphat Research's claim of $300 million in improperly delayed credit losses.
The report estimates Goeasy's net charge-off rate at 15% vs the company's 9%.
Goeasy calls the report a false, malicious short attack and defends its loan portfolio.
Following the report, Goeasy's share price fell over 15% and remains down about 11%.

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Story summary

Goeasy Ltd. (GSY-T), of Mississauga, Ontario, denies Jehoshaphat Research's claim of $300 million in improperly delayed credit losses.
The report estimates Goeasy's net charge-off rate at 15% vs the company's 9%.
Goeasy calls the report a false, malicious short attack and defends its loan portfolio.
Following the report, Goeasy's share price fell over 15% and remains down about 11%.