Olympia Financial Group (TSE:OLY) Full Year 2023 Results
Key Financial Results
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Revenue: CA$99.8m (up 38% from FY 2022).
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Net income: CA$24.0m (up 69% from FY 2022).
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Profit margin: 24% (up from 20% in FY 2022). The increase in margin was driven by higher revenue.
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EPS: CA$9.96 (up from CA$5.88 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Olympia Financial Group EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.2%.
The company’s shares are down 7.8% 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 Olympia Financial Group (at least 1 which is a bit unpleasant), and understanding these should be part of your investment process.
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