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Igm Financial Inc (IGM.TO)

Igm Financial Inc (IGM.TO)
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IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of June 2025, IGM's wealth management unit had CAD 147 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 137 billion in third-party assets under management, or AUM.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 3,491,825 3,186,368 3,455,358 3,587,598 3,150,716
Sales Growth +9.59% -7.78% -3.69% +13.87% +0.75%
Net Income 933,514 1,148,892 867,244 978,949 764,408
Net Income Growth -18.75% +32.48% -11.41% +28.07% +2.06%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 20,682,972 18,663,282 18,873,176 17,660,588 16,062,354
Total Assets Growth +10.82% -1.11% +6.87% +9.95% +4.36%
Total Liabilities 12,812,566 11,942,874 12,610,086 11,159,417 11,019,564
Total Liabilities Growth +7.28% -5.29% +13.00% +1.27% +1.17%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 1,152,839 837,280 737,670 943,590 736,625
Operating Cash Flow Growth +37.69% +13.50% -21.82% +28.10% +3.45%
Net Cash Flow 365,645 -528,259 -219,554 520,861 51,580
Change in Net Cash Flow +169.22% -140.61% -142.15% +909.81% -26.08%
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