Lorne Park Capital ( (TSE:LPC) ) just unveiled an announcement.
Lorne Park Capital Partners Inc. reported significant financial growth for the year ending December 31, 2024, with assets under management reaching $3.64 billion, up from $3.01 billion the previous year. The company achieved a 24.6% increase in revenue to $36.6 million, driven by net new assets and market appreciation, and a substantial rise in net earnings and adjusted EBITDA, reflecting strong operational performance and strategic alignment.
More about Lorne Park Capital
Lorne Park Capital Partners Inc. is a company that integrates boutique investment management and wealth advisory firms to offer cost-effective investment solutions to affluent investors, foundations, estates, and trusts. The company focuses on aligning investment managers and wealth advisors while providing resources for growth acceleration.
YTD Price Performance: -2.99%
Average Trading Volume: 3,973
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$71.05M
Learn more about LPC stock on TipRanks’ Stock Analysis page.