TSX:AGF.BCapital Markets
AGF Management (TSX:AGF.B) Margin Improvement Challenges Long Term Earnings Decline Narrative
AGF Management (TSX:AGF.B) closed out FY 2025 with fourth quarter revenue of $159.4 million and basic EPS of $0.71, setting the tone for a year in which trailing twelve month revenue reached $588.7 million and EPS came in at $1.99, alongside a net margin of 19.7% compared with 16.6% the prior year. Over the past five years, earnings declined at an average annual rate of 7.3%, but over the last twelve months they grew 31%, giving investors a cleaner margin story to weigh against that longer...