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NEWS
EXPLORER
State: 17.08.2024 | 11PM
Wed, 26.02.2025       Fiera Capital

MONTREAL, Feb. 26, 2025 /CNW/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital" or the "Company"), a leading independent asset management firm, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024. Financial references are in Canadian dollars unless otherwise indicated.

(in $ thousands except where otherwise indicated)

Q4

Q3

Q4

FY

FY

2024

2024

2023

2024

2023

End of period AUM (in $ billions)

167.1

165.5

161.7

167.1

161.7

Average AUM (in $ billions)

166.6

163.8

158.4

163.6

161.9

IFRS Financial Measures

Total revenues

184,011

171,711

210,972

688,623

686,646

Base management fees

156,734

154,381

147,371

611,995

592,237

Performance fees

13,592

5,857

42,185

24,778

50,311

Commitment and transaction fees

7,034

3,622

7,474

16,258

18,801

Share of earnings in joint ventures and      associates

1,761

1,691

8,717

12,428

11,120

Other revenues

4,890

6,160

5,225

23,164

14,177

Net earnings (loss) 1

(192)

12,639

39,418

24,987

58,452

Non-IFRS Financial Measures

Adjusted EBITDA 2

53,400

51,685

77,621

195,764

205,854

Adjusted EBITDA margin 2

29.0 %

30.1 %

36.8 %

28.4 %

30.0 %

Adjusted net earnings 1,2

22,849

28,909

50,163

102,719

126,066

LTM Free Cash Flow 2

87,417

95,215

89,212

87,417

89,212

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