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CI Financial Corp (CIX.TO)

CI Financial Corp (CIX.TO)
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CI Financial is a provider of asset- and wealth management products and services. The company has a decent share in the Canadian fund market (fifth behind Royal Bank of Canada, Toronto-Dominion, IGM Financial, and Fidelity at the end of last year) and remains the second-largest non-bank-affiliated asset manager in the Canadian market, with CAD 135 billion in AUM (including CAD 36 billion in AUM that was being managed for its CI Assante Wealth Management, CI Private Counsel, and Aligned Capital Partners subsidiaries) at the end of March 2025. The firm also had CAD 376 billion in assets under advisement (including CAD 274 billion from its US wealth management operations and CAD 102 billion from its Canadian wealth management partners), and CAD 36 billion in custody assets.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024 Mar, 2024
Sales 884,015 906,587 917,084 868,636 839,794
Sales Growth -2.49% -1.14% +5.58% +3.43% +3.83%
Net Income 141,798 -8,534 -405,421 -27,607 176,415
Net Income Growth +1,761.57% +97.90% -1,368.54% -115.65% +214.23%
(Values in U.S. Thousands) Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024 Mar, 2024
Total Assets 11,013,131 11,292,300 10,764,758 10,327,885 10,524,505
Total Assets Growth -2.47% +4.90% +4.23% -1.87% +2.97%
Total Liabilities 10,529,699 10,887,303 10,354,232 9,509,709 9,552,581
Total Liabilities Growth -3.28% +5.15% +8.88% -0.45% +2.36%
(Values in U.S. Thousands) Jun, 2025 Mar, 2025 Sep, 2024 Jun, 2024 Mar, 2024
Operating Cash Flow 98,478 148,362 107,097 157,487 176,759
Operating Cash Flow Growth -33.62% +38.53% -32.00% -10.90% +47.66%
Net Cash Flow 540 -20,915 23,529 16,017 1,915
Change in Net Cash Flow +102.58% -188.89% +46.90% +736.40% +117.60%
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