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Last update at 2024-12-30T15:36:00Z
CI Financial Reports Total Assets of $518.1 Billion for September 2024
Fri 18 Oct 24, 11:00 AMCI Global Asset Management Announces October 2024 Distributions for the CI ETFs
Wed 16 Oct 24, 11:00 AMCI Financial Corp (CIXXF) Q2 2024 Earnings Call Highlights: Record EPS and Strategic ...
Wed 09 Oct 24, 09:40 PMNeo Financial Partners with CI Financial to Launch Suite of Cutting-Edge Financial Solutions
Wed 09 Oct 24, 12:00 PMDon't Race Out To Buy CI Financial Corp. (TSE:CIX) Just Because It's Going Ex-Dividend
Sun 22 Sep 24, 01:27 PMCI Financial Mails Notice of Variation in Connection with Substantial Issuer Bid
Fri 20 Sep 24, 09:00 PMCI Financial Announces Substantial Issuer Bid Price Increase and Related Extension
Wed 18 Sep 24, 11:29 PMCI Financial Announces Debenture Financing to Refinance Existing Indebtedness
Wed 18 Sep 24, 04:14 AMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 476.20M | 586.17M | 642.75M | 726.80M | 843.30M |
Minority interest | -2.07200M | -3.10000M | 35.28M | 5.37M | 2.85M |
Net income | 301.83M | 409.30M | 475.98M | 538.40M | 617.48M |
Selling general administrative | 1020.05M | 702.30M | 207.82M | 223.36M | 232.84M |
Selling and marketing expenses | - | 32.82M | - | - | - |
Gross profit | 2008.40M | 1791.65M | 1038.53M | 1082.28M | 1147.41M |
Reconciled depreciation | 155.11M | 96.80M | 43.51M | 32.89M | 9.64M |
Ebit | 1167.62M | 1153.34M | 708.19M | 782.23M | 896.31M |
Ebitda | 1012.51M | 1056.52M | 751.70M | 815.12M | 905.95M |
Depreciation and amortization | -155.11200M | -96.82100M | 43.51M | 32.89M | 9.64M |
Non operating income net other | - | - | - | - | - |
Operating income | 1167.62M | 1153.34M | 708.19M | 782.23M | 896.31M |
Other operating expenses | 479.59M | 141.66M | 1261.21M | 1291.90M | 1341.39M |
Interest expense | 152.09M | 109.67M | 65.44M | 55.42M | 43.05M |
Tax provision | 174.38M | 173.80M | 167.20M | 189.28M | 225.45M |
Interest income | 232.22M | 109.70M | 67.49M | 56.72M | 43.05M |
Net interest income | -153.95200M | -109.70000M | -67.49400M | -56.72400M | -43.05400M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 174.38M | 173.79M | 167.20M | 189.28M | 225.45M |
Total revenue | 2908.92M | 2745.79M | 2050.46M | 2119.23M | 2236.36M |
Total operating expenses | -1380.11000M | 799.10M | 249.28M | 254.95M | 252.44M |
Cost of revenue | 900.52M | 954.15M | 1011.93M | 1036.95M | 1088.95M |
Total other income expense net | -691.41600M | -567.17800M | -65.44000M | -55.42200M | -53.00800M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 301.83M | 412.40M | 475.55M | 537.52M | 617.85M |
Net income applicable to common shares | 299.76M | 409.33M | 475.98M | 538.40M | 617.48M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 9981.60M | 9708.36M | 8659.70M | 6359.84M | 4367.81M |
Intangible assets | 3208.54M | 3159.81M | 2929.30M | 2237.33M | 1857.21M |
Earning assets | - | - | - | - | - |
Other current assets | -1726.11900M | 1306.60M | -0.10000M | 973.14M | 364.96M |
Total liab | 8941.57M | 8084.70M | 7043.91M | 4742.11M | 2868.45M |
Total stockholder equity | 1027.76M | 1546.31M | 1583.44M | 1582.45M | 1493.99M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 3005.61M | 2996.73M | 2029.75M | 354.22M | 94.49M |
Common stock | 1436.69M | 1706.88M | 1810.15M | 1868.00M | 1944.31M |
Capital stock | 1436.69M | 1706.88M | 1810.15M | 1868.00M | 1944.31M |
Retained earnings | -454.43500M | -160.57200M | -226.71500M | -287.62100M | -474.01300M |
Other liab | - | 751.07M | 860.42M | 578.58M | 483.33M |
Good will | 4367.42M | 4067.89M | 3255.94M | 2053.67M | 1531.27M |
Other assets | - | 142.18M | 133.27M | 68.40M | 42.98M |
Cash | 1210.41M | 153.62M | 230.78M | 483.60M | 118.36M |
Cash and equivalents | - | 153.62M | 230.78M | 483.60M | 118.36M |
Total current liabilities | 5010.26M | 3288.05M | 2698.40M | 1849.91M | 1168.96M |
Current deferred revenue | -1394.63100M | - | - | - | - |
Net debt | 4081.04M | -153.62000M | 3718.92M | 2048.75M | 1558.65M |
Short term debt | 1936.25M | 0.00000M | 317.70M | 218.73M | 460.86M |
Short long term debt | 437.25M | 320.00M | 297.50M | 203.81M | 449.51M |
Short long term debt total | 5291.45M | - | 3949.70M | 2532.35M | 1677.01M |
Other stockholder equity | -1446.59100M | -1546.30800M | 23.30M | 22.82M | 23.43M |
Property plant equipment | - | 195.01M | 195.20M | 97.60M | 90.84M |
Total current assets | 1675.45M | 1833.43M | 1839.02M | 1838.65M | 817.73M |
Long term investments | 231.50M | 310.04M | 306.97M | 64.19M | 26.86M |
Net tangible assets | - | -5617.92900M | -4596.72000M | -2708.55100M | -1894.49400M |
Short term investments | 42.78M | 40.45M | 131.77M | 133.38M | 138.41M |
Net receivables | 472.93M | 298.78M | 276.60M | 248.54M | 196.00M |
Long term debt | 3070.15M | 3896.21M | 3478.50M | 2252.31M | 1154.98M |
Inventory | - | - | 1199.97M | - | - |
Accounts payable | 1463.04M | 291.33M | 350.95M | 1276.96M | 613.62M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 10.68M | - | -23.30000M | -20.74600M | 0.26M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 1868.00M | 1944.31M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 105.21M | -7732.74400M | -56.90000M | 60.55M | 70.75M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 8306.15M | 7732.74M | 6687.41M | 4521.18M | 3550.07M |
Capital lease obligations | 302.63M | 173.35M | 173.70M | 76.23M | 72.52M |
Long term debt total | - | 4045.57M | 3632.00M | 2313.62M | 1216.16M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -508.53300M | 10.31M | -598.11400M | -46.31400M | -28.39400M |
Change to liabilities | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | -508.53300M | -1401.87600M | -598.11400M | -46.31400M | -28.39400M |
Net borrowings | 239.53M | 996.98M | 833.85M | 88.42M | 384.67M |
Total cash from financing activities | -47.54200M | 483.10M | 421.38M | -530.49500M | -567.23900M |
Change to operating activities | -85.63000M | 15.74M | 18.59M | -23.21100M | -47.33600M |
Net income | 299.76M | 409.33M | 475.55M | 537.52M | 617.85M |
Change in cash | -77.15900M | -252.81900M | 365.24M | -18.80000M | 12.58M |
Begin period cash flow | 230.78M | 483.60M | 118.36M | 137.16M | 124.58M |
End period cash flow | 153.62M | 230.78M | 483.60M | 118.36M | 137.16M |
Total cash from operating activities | 478.92M | 665.96M | 541.97M | 558.01M | 608.21M |
Issuance of capital stock | - | - | - | 0.00000M | 0.41M |
Depreciation | 155.11M | 96.82M | 43.51M | 32.89M | 9.64M |
Other cashflows from investing activities | -479.69200M | -457.38000M | -47.64500M | -28.69900M | -16.51800M |
Dividends paid | 137.38M | 146.45M | 155.31M | 170.75M | 295.40M |
Change to inventory | - | - | - | - | - |
Change to account receivables | - | - | - | - | - |
Sale purchase of stock | -229.70800M | -364.31900M | -257.93900M | -447.29300M | -656.90700M |
Other cashflows from financing activities | 319.54M | 1701.66M | 1471.80M | 690.08M | 384.67M |
Change to netincome | 109.68M | 144.07M | 3.88M | 9.93M | 17.51M |
Capital expenditures | 30.11M | 20.20M | 29.12M | 16.78M | 16.07M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -85.63000M | 15.70M | 18.59M | -23.21100M | -47.33600M |
Stock based compensation | 24.46M | 22.73M | 10.66M | 14.70M | 13.73M |
Other non cash items | -0.41300M | 163.78M | -4.62100M | -8.69200M | 17.88M |
Free cash flow | 448.81M | 645.76M | 512.85M | 541.23M | 592.14M |
Sector: Financial Services Industry: Asset Management
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
CIX CI Financial Corp |
0.02 0.06% | 30.93 | - | 5.92 | 0.97 | 3.55 | 2.25 | 14.86 |
BN Brookfield Corporation |
-1.33 1.61% | 81.10 | 100.56 | 12.82 | 1.23 | 2.10 | 3.32 | 10.38 |
BAM Brookfield Asset Management Ltd |
-1.49 1.89% | 77.34 | 51.98 | 30.67 | 58.11 | 7.37 | 61.42 | 46.15 |
PHYS Sprott Physical Gold Trust |
-0.16 0.55% | 28.85 | 6.64 | - | 6.67 | 1.14 | 6.62 | 0.66 |
IGM IGM Financial Inc. |
-0.58 1.24% | 46.18 | 12.06 | 10.57 | 2.83 | 1.40 | 5.14 | 13.59 |
CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries. The firm was founded in 1965 and is based in Toronto, Canada with additional offices in Vancouver, Canada; Calgary, Canada; and Montreal, Canada.
15 York Street,, Toronto, ON, Canada, M5J 0A3
Name | Title | Year Born |
---|---|---|
Mr. Kurt MacAlpine | CEO & Director | 1982 |
Mr. Darie P. Urbanky | Pres & COO | NA |
Mr. Amit Muni CPA, CPA | Exec. VP & CFO | 1969 |
Ms. Julie Lynn Silcox | Exec. VP & Chief Marketing Officer | NA |
Mr. Marc-Andre Lewis | Exec. VP & Head of Investment Management at CI Global Asset Management | NA |
Mr. Jason Lee Weyeneth C.F.A. | VP of Investor Relations & Strategy | NA |
Mr. Edward Douglas Kelterborn BA, LLB | Exec. VP & Chief Legal Officer | NA |
Mr. Murray Oxby | VP of Communications | NA |
Manisha Burman | Exec. VP & Chief HR Officer | NA |
Mr. Amarjit Kaur Anderson | Chief Risk Officer | NA |
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