CA$2.35 (vs CA$2.57 in 1Q 2023)

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iA Financial (TSE:IAG) First Quarter 2024 Results

Key Financial Results

  • Revenue: CA$2.13b (down 35% from 1Q 2023).

  • Net income: CA$233.0m (down 14% from 1Q 2023).

  • Profit margin: 11% (up from 8.2% in 1Q 2023). The increase in margin was driven by lower expenses.

  • EPS: CA$2.35 (down from CA$2.57 in 1Q 2023).

earnings-and-revenue-history

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

iA Financial shares are up 6.6% from a week ago.

Balance Sheet Analysis

While it’s very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of iA Financial’s balance sheet and an in-depth analysis of the company’s financial position.

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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 into account 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.

The article is in Latvian

Tags: CA2 .35 CA2 .57

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