ONEX Corporation ( (TSE:ONEX) ) just unveiled an announcement.
Onex Corporation announced its fourth quarter and full year 2024 financial results, highlighting a challenging year with net earnings of $303 million, down from $529 million in 2023. Despite a decrease in net earnings, the company raised over $1.5 billion in private equity and over $13 billion in fee-generating assets through its Structured Credit platform. These activities underscore Onex’s strategic focus on long-term shareholder value and strengthening its market positioning.
More about ONEX Corporation
Onex Corporation is a financial services company that focuses on private equity and asset management. It invests in strategies and verticals with strong potential for future risk-adjusted returns, while maintaining a robust balance sheet and liquidity position.
YTD Price Performance: -1.84%
Average Trading Volume: 104,177
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$7.9B
See more data about ONEX stock on TipRanks’ Stock Analysis page.