Dominion Lending Centres (TSE:DLCG) Full Year 2024 Results
Key Financial Results
- Revenue: CA$76.8m (up 23% from FY 2023).
- Net loss: CA$126.8m (down from CA$64.0k profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Dominion Lending Centres Earnings Insights
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Diversified Financial industry in Canada.
Performance of the Canadian Diversified Financial industry.
The company's shares are down 2.6% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Dominion Lending Centres (at least 1 which shouldn't be ignored), and understanding these should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSX:DLCG
Dominion Lending Centres
Provides mortgage brokerage franchising and mortgage broker data connectivity services in Canada.
Reasonable growth potential with adequate balance sheet.
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