The earnings call reflects a mix of strong financial performance in terms of earnings per share and loan advances, but also highlights challenges such as declining revenues and a decrease in portfolio size. The company maintains a strong balance sheet and has reduced risk in their portfolio, yet faces macroeconomic uncertainties and a decline in the new home market.

Company Guidance -

Q1 2025

During Atrium Mortgage Investment Corporation's first quarter results conference call for fiscal year 2025, the company provided detailed guidance on its financial and operational performance. Atrium reported Q1 earnings per share of $0.25, surpassing its fixed dividend of $0.2325. Revenues for the quarter were $22 million, down from $25.2 million in the same period last year, attributed to a decrease in interest rates and portfolio turnover. The mortgage portfolio rate fell to 9.56% from 9.98% due to two Bank of Canada rate cuts totaling 225 basis points. Atrium's gross mortgage portfolio decreased slightly to $875 million from $887 million at the start of the year, reflecting $119 million in advances and $121 million in principal repayments. Stage 3 loans declined to $19.5 million, and the allowance for mortgage losses was maintained at 333 basis points. Atrium emphasized its strategy of sourcing lower risk profile loans to protect shareholder capital, with a strong focus on commercial loans and single-family mortgages now comprising over 41% of the portfolio. The company also highlighted its robust balance sheet with debt at 39% and $219 million drawn on a $340 million credit facility. Additionally, Atrium announced a preliminary approval for a two-year extension of this credit line, with renewal terms unchanged. Despite a challenging economic environment, Atrium's Q1 results were deemed strong, demonstrating disciplined underwriting and a focus on maintaining a resilient loan portfolio.

Earnings Per Share Growth

Atrium achieved Q1 earnings per share of $0.25, surpassing the fixed dividend of $0.2325.

Strong Loan Advances

Loan advances were strong at $119 million in Q1, which is impressive even under normal market conditions.

Reduction in Stage 3 Loans

Stage 3 loans declined to $19.5 million from $29 million, notably due to the repayment of a troubled loan in BC.

High Percentage of First Mortgages

Atrium's percentage of first mortgages remained very high at 96.7%.

Strong Balance Sheet

Balance sheet debt remained low at 39% with $219 million drawn on a $340 million credit facility.

Atrium Mortgage Invest (TSE:AI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:AI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 31, 2025	2025 (Q2)	0.24 / -	0.26	―	―	―
May 13, 2025	2025 (Q1)	0.25 / 0.25	0.27	-7.41% (-0.02)	―	―
Mar 06, 2025	2024 (Q4)	0.23 / 0.26	0.26	0.00% (0.00)	―	―
Nov 13, 2024	2024 (Q3)	0.25 / 0.26	0.25	4.00% (+0.01)	―	―
Aug 08, 2024	2024 (Q2)	0.27 / 0.26	0.32	-18.75% (-0.06)	―	―
May 14, 2024	2024 (Q1)	0.24 / 0.27	0.31	-12.90% (-0.04)	―	―
Feb 15, 2024	2023 (Q4)	0.26 / 0.26	0.3	-13.33% (-0.04)	―	―
Nov 14, 2023	2023 (Q3)	0.30 / 0.25	0.27	-7.41% (-0.02)	―	―
Aug 03, 2023	2023 (Q2)	0.30 / 0.32	0.25	28.00% (+0.07)	―	―
May 10, 2023	2023 (Q1)	0.28 / 0.31	0.25	24.00% (+0.06)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:AI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 13, 2025	C$10.93	C$10.92	-0.09%
Mar 06, 2025	C$10.35	C$10.62	+2.61%
Nov 13, 2024	C$10.57	C$10.73	+1.51%
Aug 08, 2024	C$10.33	C$10.46	+1.26%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Atrium Mortgage Invest (TSE:AI) report earnings?

Atrium Mortgage Invest (TSE:AI) is schdueled to report earning on Jul 31, 2025, After Close (Confirmed).

What is Atrium Mortgage Invest (TSE:AI) earnings time?

Atrium Mortgage Invest (TSE:AI) earnings time is at Jul 31, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:AI EPS forecast?

TSE:AI EPS forecast for the fiscal quarter 2025 (Q2) is 0.24.

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