Dominion Lending Centres, Inc. (Canada) Class A (TSE:DLCG) has released an update.
Dominion Lending Centres Inc. has reported a robust start to 2024 with a 14% boost in funded volumes, totaling $11.2 billion in Q1. The company saw a significant improvement in their financials, including a 17% revenue increase to $13.7 million and a leap in Q1 net income to $2.6 million, recovering from a net loss the previous year. Optimistic about the real estate market’s outlook, DLCG is focusing on broker recruitment and retention, and has introduced the ‘Gold Rush’ campaign to enhance broker-client engagement.
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