Advertisement
Canada markets closed
  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CAD/USD

    0.7326
    +0.0003 (+0.04%)
     
  • CRUDE OIL

    83.82
    +0.25 (+0.30%)
     
  • Bitcoin CAD

    88,193.06
    +474.78 (+0.54%)
     
  • CMC Crypto 200

    1,391.86
    +9.29 (+0.67%)
     
  • GOLD FUTURES

    2,346.00
    +3.50 (+0.15%)
     
  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • NASDAQ futures

    17,771.25
    +203.75 (+1.16%)
     
  • VOLATILITY

    15.37
    -0.60 (-3.76%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • NIKKEI 225

    37,783.10
    +154.62 (+0.41%)
     
  • CAD/EUR

    0.6825
    +0.0004 (+0.06%)
     

Atrium Mortgage Investment Full Year 2022 Earnings: EPS: CA$1.08 (vs CA$0.98 in FY 2021)

Atrium Mortgage Investment (TSE:AI) Full Year 2022 Results

Key Financial Results

  • Revenue: CA$58.3m (up 15% from FY 2021).

  • Net income: CA$46.3m (up 11% from FY 2021).

  • Profit margin: 79% (down from 82% in FY 2021). The decrease in margin was driven by higher expenses.

  • EPS: CA$1.08 (up from CA$0.98 in FY 2021).

AI Banking Performance Indicators

  • Non-performing loans: 3.00% (down from 6.65% in FY 2021).

earnings-and-revenue-history
earnings-and-revenue-history

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

Atrium Mortgage Investment Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Mortgage industry in Canada.

ADVERTISEMENT

Performance of the Canadian Mortgage industry.

The company's shares are up 3.3% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Atrium Mortgage Investment.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here