Olympia Financial Group First Quarter 2024 Earnings: EPS: CA$2.39 (vs CA$2.17 in 1Q 2023)

Olympia Financial Group (TSE:OLY) First Quarter 2024 Results

Key Financial Results

• Revenue: CA$25.8m (up 9.4% from 1Q 2023).
• Net income: CA$5.74m (up 9.8% from 1Q 2023).
• Profit margin: 22% (in line with 1Q 2023).
• EPS: CA$2.39 (up from CA$2.17 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Olympia Financial Group Earnings Insights

Looking ahead, revenue is expected to decline by 4.1% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in Canada are expected to grow by 26%.

Performance of the Canadian Capital Markets industry.

The company's shares are up 2.2% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Olympia Financial Group (1 shouldn't be ignored!) that we have uncovered.

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