Hampton Financial Corporation reports Q4 and FY financial results, remains optimistic for 2025.

From GlobeNewswire: 2024-12-30 17:50:12

Hampton Financial Corporation announced its financial results for the 4th Quarter and full year of fiscal 2024, with Q4 Revenues of $3,351,000 and FY Revenues of $9,794,000. The company reported Q4 Net Losses of ($1,925,000) and FY Net Losses of ($2,740,000). Adjusted FY Net Losses were ($1,186,000) and FY EBITDA was ($535,000). Despite industry challenges in 2024, Hampton remains optimistic about its commercial lending activities for 2025. The company aims to expand its business portfolio and grow existing Wealth Management, Capital Markets, and Commercial Lending operations.

In addition, Hampton Securities Limited continues to develop its Wealth Management, Advisory Team, and Principal-Agent programs. The company’s Corporate Finance Group provides capital to early-stage companies, while its Treasury Group maximizes returns from the balance sheet. Oxygen Working Capital Corp., the commercial lending business, offers factoring and term financing to businesses across Canada. Hampton Financial Corporation seeks to build shareholder value through strategic investments and looks to diversify revenue sources for continued growth.



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