ECN Capital (TSE:ECN) has released an update.
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ECN Capital Corp. reported an adjusted net loss of $13.5 million in Q4-2023, a downturn from the previous year’s gains, but CEO Steven Hudson remains optimistic about the company’s growth trajectory in 2024. Originations dipped slightly to $503.1 million, while managed assets increased to $4.9 billion. The company also announced a CFO transition, with Jacqueline Weber set to take over the role in April 2024.
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