CI Financial

Diversified wealth management firm.

Launch date

1965

Employees

1001-5000 people

Market cap

Enterprise valuation

AUD7.2b (Public information from Sep 2024)

Toronto Ontario (HQ)

http://cifinancial.com

https://www.linkedin.com/company/ci-financial/

Revenues, earnings & profits over time

CAD	2020	2021	2022	2023	2024	2025	2026
Revenues	2.1b	2.7b	2.4b	3.1b	3.0b	3.2b	3.2b
% growth	(3 %)	33 %	(11 %)	27 %	(2 %)	4 %	1 %
EBITDA	752m	793m	954m	867m	1.0b	1.1b	995m
% EBITDA margin	37 %	29 %	39 %	28 %	34 %	34 %	31 %
Profit	476m	409m	300m	5.0m	260m	413m	176m
% profit margin	23 %	15 %	12 %	-	9 %	13 %	6 %
EV / revenue	2.5x	1.9x	1.0x	0.7x	2.0x	1.9x	1.8x
EV / EBITDA	7.0x	6.6x	2.6x	2.6x	5.8x	5.5x	5.8x

Date	Investors	Amount	Round
-	National Bank Financial	N/A	-
Apr 1999	N/A	N/A	IPO
May 2023*	N/A	$1.0b	Post IPO Debt
May 2024*	N/A	$675m	Post IPO Debt
Sep 2024*	CIBC World Markets National Bank Financial Wealth Management TD Securities RBC Dominion Securities	$325m	Post IPO Debt
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 18 Canada 5

By Industry

By Round

ACQUISITION 19 BUYOUT 1 SERIES A 1 SERIES B 1 LATE VC 1

Segall Bryant & Hamill

ACQUISITION by CI Financial Jan 2021

Camilion Solutions

RGT Wealth Advisors

ACQUISITION by CI Financial Nov 2020

Cabana Asset Management

ACQUISITION by CI Financial Jul 2020

Sentry Investments

ACQUISITION by CI Financial Aug 2017

Congress Wealth Management

ACQUISITION by CI Financial Jul 2020

ACQUISITION by CI Financial Sep 2020

ACQUISITION by CI Financial Nov 2020