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An announcement from Hampton Financial ( (TSE:HFC) ) is now available.
Hampton Financial Corporation reported a 53% year-over-year increase in Q2 revenue to $2.85 million, despite a net loss of $1.31 million. The company noted improvements in capital markets activities as interest rates stabilize, although corporate finance transactions remain below 2023 levels. Hampton plans to expand its business portfolio and is optimistic about the second half of the fiscal year. The recent purchase of subordinate voting shares by Executive Chairman Peter Deeb is a related party transaction but is exempt from certain regulatory requirements.
More about Hampton Financial
Hampton Financial Corporation is a private equity firm focused on building shareholder value through long-term strategic investments. Through its subsidiary, Hampton Securities Limited, the company engages in family office, wealth management, institutional services, and capital markets activities. It provides investment banking services, including capital raising, mergers and acquisitions advising, and securities listing assistance. Additionally, through Oxygen Working Capital, Hampton offers factoring and commercial financing services across Canada.
YTD Price Performance: -10.23%
Average Trading Volume: 6,285
Technical Sentiment Signal: Buy
Current Market Cap: C$21.14M
See more data about HFC stock on TipRanks’ Stock Analysis page.