Newsroom

rss

March 1, 2013 - GMP Announces Q4/12 and Year-End 2012 Results

  • Earned net income of $13.2 million and diluted EPS of $0.17 in fourth quarter, excluding adjusting items1
  • Fourth quarter revenue up 11% year-over-year

For further information about GMP Capital Inc., our results for fiscal 2012 and the meaning of certain references, this earnings release should be read in conjunction with our annual financial statements for the year ended December 31, 2012 (2012 Annual Financial Statements), management’s discussion and analysis for the year ended December 31, 2012 (2012 Annual MD&A) and our annual information form dated February 28, 2013 (2013 Annual Information Form), which can be accessed on our website at gmpcapital.com and on SEDAR at sedar.com. Unless otherwise indicated, all dollar amounts are expressed in Canadian dollars and have been taken from our 2012 Annual Financial Statements prepared in accordance with International Financial Reporting Standards (IFRS).

Toronto, March 1, 2013 – GMP Capital Inc. (GMP) (TSX: GMP) today reported revenue of $80.5 million in fourth quarter 2012, up 11% compared with the same period a year ago. GMP recorded net income of $6.7 million and diluted earnings per share (EPS) of $0.08 in fourth quarter 2012 compared with net income of $2.4 million and diluted EPS of $0.02 in fourth quarter 2011. Excluding adjusting items1, net income was $13.2 million1 in fourth quarter 2012 while diluted EPS was $0.171.

Read More...

Review our forward-looking statements disclosure. 

If you wish to receive notification of news and events at GMP Capital Inc., please email us at investorrelations@gmpcapital.com.