The latest update is out from ECN Capital ( (TSE:ECN) ).
ECN Capital reported a solid performance for Q4 2024, with an adjusted net income of $0.02 per share, reflecting a significant improvement from the previous year’s loss. Despite challenges such as severe weather disruptions, the company completed its turnaround, enhancing operations and profitability. The Manufactured Housing segment remains a key focus, contributing significantly to originations, while the RV and Marine segments continue to gain market share. The company declared dividends for both common and preferred shareholders, indicating a stable financial position.
More about ECN Capital
ECN Capital Corp. operates within the financial services industry, focusing on providing financing solutions. The company is notably involved in the Manufactured Housing Finance segment and the Recreational Vehicle and Marine Finance segment, aiming to address the affordable housing crisis and capture market share in the RV and marine sectors.
YTD Price Performance: 4.36%
Average Trading Volume: 221,034
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$941.8M
See more data about ECN stock on TipRanks’ Stock Analysis page.