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Accord Financial Announces Fourth Quarter and Fiscal 2024 Financial Results

Accord Financial Corp. (TSX – ACD) today released its financial results for the fourth qua...

articleAccord Financial Corp.April 8, 20254/company/accord-financial-corp/news/accord-financial-announces-fourth-quarter-and-fiscal-2024-financial-results
Accord Financial Announces Fourth Quarter and Fiscal 2024 Financial Results

About this update from Accord Financial Corp.

[{"type":"text","content":"Accord Financial Announces Fourth Quarter and Fiscal 2024 Financial Results\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl5 { padding-left: 25px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignm { vertical-align: middle }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth11 { width: 11% }\n.bwwidth52 { width: 52% }\n.bwwidth58 { width: 58% }\n \n\n\n\n Accord Financial Corp. (TSX – ACD) today released its financial results for the fourth quarter and year ended December 31, 2024. The financial figures presented in this release are reported in Canadian dollars and have been prepared in accordance with International Financial Reporting Standards.\n \n\n\n\n\n\n\n SUMMARY OF FINANCIAL RESULTS\n \n\n\n\n\n\n\n Three Months Ended\n \n\n\n\n Dec. 31\n \n\n\n\n\n\n Year Ended\n \n\n\n\n Dec. 31\n \n\n\n\n\n\n\n\n\n\n\n\n 2024\n \n\n\n\n\n\n 2023\n \n\n\n\n\n\n 2024\n \n\n\n\n\n\n 2023\n \n\n\n\n\n\n\n\n\n\n\n\n $\n \n\n\n\n\n\n $\n \n\n\n\n\n\n $\n \n\n\n\n\n\n $\n \n\n\n\n\n\n\n\n Average funds employed (millions)\n \n\n\n\n\n\n 377\n \n\n\n\n\n\n 503\n \n\n\n\n\n\n 423\n \n\n\n\n\n\n 472\n \n\n\n\n\n\n\n\n Revenue (000s)\n \n\n\n\n\n\n 21,220\n \n\n\n\n\n\n 23,898\n \n\n\n\n\n\n 83,056\n \n\n\n\n\n\n 79,705\n \n\n\n\n\n\n\n\n Net loss attributable to shareholders (000s)\n \n\n\n\n\n\n (1,848)\n \n\n\n\n\n\n (7,575)\n \n\n\n\n\n\n (3,139)\n \n\n\n\n\n\n (14,625)\n \n\n\n\n\n\n\n\n Adjusted net earnings (loss) (000s) (note)\n \n\n\n\n\n\n (791)\n \n\n\n\n\n\n 3,698\n \n\n\n\n\n\n (1,353)\n \n\n\n\n\n\n 5,817\n \n\n\n\n\n\n\n\n Loss per common share (basic and diluted)\n \n\n\n\n\n\n (0.22)\n \n\n\n\n\n\n (0.89)\n \n\n\n\n\n\n (0.37)\n \n\n\n\n\n\n (1.71)\n \n\n\n\n\n\n\n\n Adj. earnings (loss) per common share (basic and diluted)\n \n\n\...

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