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  • 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.

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