Olympia Financial Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 07, 2018
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Olympia Financial Group Inc. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was CAD 12.414 million compared to CAD 9.973 million a year ago. Net income was CAD 2.239 million compared to CAD 1.443 million a year ago. Basic earnings per share from continuing operations was CAD 0.92 compared to CAD 0.71 a year ago. Basic earnings per share was CAD 0.93 compared to CAD 0.6 a year ago.
For the nine months, total revenue was CAD 37.325 million compared to CAD 30.189 million a year ago. Net income was CAD 6.936 million compared to CAD 4.240 million a year ago. Basic earnings per share from continuing operations was CAD 3.06 compared to CAD 2.07 a year ago. Basic earnings per share was CAD 2.89 compared to CAD 1.76 a year ago.
Olympia Financial Group Inc. conducts its operations through its subsidiary, Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company provides foreign currency exchange services and other trustee services. It operates through five segments: Private Health Services Plan division (HEALTH), Investment Account Services (IAS), Currency and Global Payments (CGP), Exempt Edge (EE), and Corporate and Shareholder Services division (CSS). The Private Health Services Plan Division markets, sells and administers health and wellness benefits to business owners. The Currency and Global Payments Division allows corporations and private clients to buy and sell foreign currencies at competitive rates. The Exempt Edge Division focuses on the provision of information technology services to exempt market dealers, registrants, and issuers. The Corporate and Shareholder Services Division provides transfer agent and registrar services to public and private issuers.
OLYMPIA FINANCIAL GROUP INC. 
