Canada's ECN Capital Q4 adjusted net income rises
Overview
Canada business services provider's Q4 adjusted net income rose
Q4 originations rose yr/yr but fell from the previous quarter
Company progressing on acquisition by Warburg Pincus, expected to close in H1 2026
Outlook
ECN Capital expects acquisition by Warburg Pincus to close in first half of 2026
Result Drivers
SEGMENT CONTRIBUTIONS - Manufactured Housing Finance and Recreational Vehicle and Marine Finance segments contributed $447.9 mln and $214.5 mln to originations, respectively
MANAGED ASSETS DECLINE - Managed assets as at Dec. 31, 2025 fell to $7.3 bln from $8.2 bln in the previous quarter end
OPERATING EXPENSES INCREASE - Operating expenses rose to $35.8 mln from $31.1 mln year ago
Company press release: ID:nCNWhLY3ga
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Income |
| $4.50 mln |
|
Q4 Adjusted EBITDA |
| $36.20 mln |
|
Q4 Operating Expenses |
| $35.80 mln |
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
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