Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Clip Money Inc. is a Canada-based financial technology and cash management company that provides self-service coin deposit and cash processing solutions. The company operates primarily in the financial services, retail services, and cash management industries, focusing on enabling consumers to convert physical coins into digital value or store credit through automated kiosks placed in high-traffic retail locations.
The company’s core revenue is generated from transaction fees charged to consumers using its kiosks, as well as service arrangements with retail partners. Clip Money is positioned as a technology-driven alternative to traditional coin-counting services, emphasizing retailer-friendly economics and data-enabled kiosk management. The company was founded by executives with prior experience in the coin and currency services industry and went public on the TSX Venture Exchange in 2021, using public capital to accelerate kiosk deployment and expand beyond Canada into the United States.
Business Operations
Clip Money’s primary business consists of deploying and operating self-service coin deposit kiosks that allow consumers to exchange coins for digital gift cards, charitable donations, or electronic value. The company owns and operates its kiosk fleet and controls the underlying software platform, data analytics, and logistics processes that support kiosk uptime, cash collection, and settlement.
Operations are conducted through wholly owned subsidiaries, including Clip Money (Canada) Inc. and Clip Money (US) Inc., which manage domestic and U.S. operations respectively. The company partners with national and regional grocery chains and big-box retailers, integrating its kiosks directly into store footprints under long-term placement agreements. Revenue is generated on a per-transaction basis, with Clip Money responsible for maintenance, servicing, and cash logistics.
Strategic Position & Investments
Clip Money’s strategy centers on scaling its installed kiosk base, improving kiosk utilization rates, and expanding retailer partnerships across North America. Growth initiatives have focused on U.S. market entry, operational efficiency, and enhancements to digital payout options, including gift cards and electronic settlement features.
The company has historically grown organically rather than through large acquisitions, prioritizing capital-efficient deployment and standardized kiosk technology. Investments have been directed toward software development, data analytics capabilities, and operational infrastructure to support a geographically dispersed kiosk network. Public disclosures do not indicate material equity investments in unrelated businesses; activity remains tightly focused on coin and cash automation services.
Geographic Footprint
Clip Money’s headquarters is located in Canada, with operational presence across Canada and the United States. In Canada, kiosks are deployed in multiple provinces through partnerships with national grocery and retail chains. The U.S. represents a key growth market, with kiosks operating in several states and expansion concentrated in high-density urban and suburban retail corridors.
While the company does not report operations outside North America, its cross-border footprint gives it exposure to two of the largest consumer retail markets globally. All international activity to date is directly related to kiosk deployment and servicing rather than licensing or franchising models.
Leadership & Governance
Clip Money is led by an executive team with prior experience in coin services, retail partnerships, and public company operations. Leadership emphasizes disciplined capital allocation, operational scalability, and long-term retailer relationships. Governance follows TSX Venture Exchange standards, with oversight provided by an independent board of directors.
Key executives include:
- Chris Pavlovski – Chief Executive Officer
- Jeff Gunderson – Chief Financial Officer
- Patrick Cregg – Chief Operating Officer
- Steven Kolar – Chair of the Board
Some executive role details and historical titles vary slightly across public disclosures; where discrepancies exist, data is inconclusive based on available public sources.