Brief: Dominion Lending Centres Q2 Revenue CAD 24.609 Million

Dominion Lending Centres

07/08/2025 22:01

Overview

Dominion Lending Centres Q2 revenue grows 31%, beating analyst expectations

Adjusted EBITDA for Q2 rises 48%, exceeding analyst estimates

Co increased quarterly dividend by 33% and launched Heartwood Financial Group

Outlook

DLC expects positive revenue and earnings growth in 2025

Result Drivers

FUNDED MORTGAGE VOLUMES - 25% increase in funded mortgage volumes contributed to revenue growth

VELOCITY PLATFORM - Adoption of Velocity platform expanded to 82%, boosting broker productivity

MORTGAGE RENEWAL MARKET - Strong Canadian residential mortgage renewal market supported revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
C$24.61 mln
C$22.70 mln (3 Analysts)
Q2 Adjusted EBITDA
Beat
C$12.64 mln
C$11.40 mln (3 Analysts)
Q2 Adjusted EBITDA Margin
51.0%
Q2 Income From Operations
C$11.04 mln
Q2 Pretax Profit
C$10.51 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy"

Wall Street's median 12-month price target for Dominion Lending Centres Inc is C$11.00, about 19.1% above its August 6 closing price of C$8.90

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nNFC9Yc1fw

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)