- Olympia Financial Group (OLY) announced its operating and financial results for the year ending December 31, 2022
- Total revenue increased 47 per cent to $72.16 million
- Earnings before income tax increased more than 100 per cent to $18.60 million
- CFO Jennifer Urscheler sat down with Sabrina Phillips to discuss the results
- Olympia Trust Company administers self-directed registered accounts and provides foreign currency exchange services and corporate and shareholder services
- Olympia Financial Group (OLY) opened the day trading at C$73.25
Olympia Financial Group (OLY) has announced its operating and financial results for the year ending December 31, 2022.
Highlights:
- Total revenue increased 47 per cent to $72.16 million from $49.00 million
- Service revenue increased 21 per cent to $50.19 million from $41.38 million
- Interest revenue and trust income rose more than 100 per cent to $21.97 million from $7.61 million
- Direct and administrative expenses increased by 36 per cent to $50.25 million from $36.84 million
- Earnings before income tax increased more than double to $18.60 million from $8.50 million
CFO Jennifer Urscheler sat down with Sabrina Phillips to discuss the results.
Olympia Trust Company administers self-directed registered accounts and provides foreign currency exchange and corporate and shareholder services.
Olympia Financial Group (OLY) opened the day trading at C$73.25.