Скачать или смотреть Q2 2024 Financial Highlights | Solution Financial Inc.

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - Solution Financial Inc. (TSX: SFI) (the "Company") a leading provider of luxury and ultra luxury asset leasing in Canada, today announced its financial results for the second quarter ending April 30, 2024.

Earnings Highlights for the Quarter:
Revenues were $2.3 million compared to $3.5 million in the comparative quarter.
Net loss for the quarter was $29,046 compared to net income of $37,826 in the comparative quarter of 2023.
Adjusted net income decreased to $28,856 compared to $136,707 during the comparative quarter.
Total leasing portfolio increased 10% to $26.8 million during the quarter.

Operational Highlights for the Quarter:
1) The Company's recently introduced local leasing program contributed to lease origination volumes growing 76% over the first quarter of the year (39% over the comparative quarter) to $6.5 million. Lease originations are early indicators of longer-term lease revenue.
2) The Company completed several enhancements to its proprietary lease quoting system with the goal of providing the fastest, most efficient lease quoting capabilities in the market.

See the Press Release below:
https://ca.finance.yahoo.com/news/sol...
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TSX: SFI
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