Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
3.43B | 3.17B | 2.43B | 2.73B | 2.05B | Gross Profit |
2.46B | 2.28B | 2.02B | 1.75B | 1.04B | EBIT |
0.00 | 912.19M | 798.59M | 695.90M | 708.19M | EBITDA |
203.13M | 767.28M | 953.71M | 792.66M | 751.70M | Net Income Common Stockholders |
-411.05M | 5.02M | 299.76M | 409.33M | 475.98M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
204.21M | 179.81M | 194.07M | 362.60M | 616.97M | Total Assets |
10.76B | 9.98B | 9.71B | 8.66B | 6.36B | Total Debt |
4.39B | 3.81B | 4.39B | 3.95B | 2.53B | Net Debt |
4.23B | 3.67B | 4.24B | 3.72B | 2.05B | Total Liabilities |
10.35B | 8.94B | 8.08B | 7.04B | 4.74B | Stockholders Equity |
409.17M | 1.03B | 1.61B | 1.59B | 1.58B |
Cash Flow | Free Cash Flow | |||
460.74M | 398.24M | 448.81M | 645.70M | 512.85M | Operating Cash Flow |
561.05M | 449.41M | 478.92M | 665.90M | 541.97M | Investing Cash Flow |
-662.32M | -524.30M | -508.53M | -1.40B | -598.11M | Financing Cash Flow |
131.85M | 58.30M | -47.54M | 483.10M | 421.38M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | C$791.78M | 8.01 | 8.68% | 3.87% | 20.65% | -2.36% | |
72 Outperform | C$7.30B | 12.10 | 5.40% | 0.38% | -10.83% | -34.83% | |
65 Neutral | C$619.05M | 15.74 | 13.09% | 13.20% | 3.59% | -43.99% | |
64 Neutral | $12.80B | 9.71 | 7.59% | 16985.66% | 12.07% | -7.53% | |
51 Neutral | $4.54B | ― | -40.34% | 2.51% | 7.92% | -60.24% | |
$7.67B | 11.31 | 12.84% | 5.00% | ― | ― | ||
$2.81B | ― | -247.20% | 0.86% | ― | ― |
CI Financial reported a first-quarter net loss of $8.5 million, a significant improvement from the previous quarter’s $405.4 million loss. Despite a slight decline in adjusted net income and revenues, the company saw a substantial increase in total assets, reaching $546.1 billion, driven by acquisitions in the U.S. wealth management sector. The company is undergoing a significant transition as it moves towards privatization through an arrangement with Mubadala Capital, expected to close in the third quarter of 2025. This strategic shift is likely to impact its operational dynamics and shareholder engagements, as evidenced by the exemption from holding an annual meeting.
The most recent analyst rating on (TSE:CIX) stock is a Hold with a C$17.00 price target. To see the full list of analyst forecasts on CI Financial stock, see the TSE:CIX Stock Forecast page.
CI Financial Corp. has announced a debenture offering of $500 million with a 4.75% interest rate, maturing in 2028, to refinance existing debt and for general corporate purposes. This move, led by major financial institutions, is expected to maintain the company’s stable credit rating and enhance its financial flexibility, potentially impacting its market positioning and stakeholder interests positively.