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Clairvest Group Inc.

Clairvest Group, Inc. reports financial results for the quarter ended March 31, 2017.We analyze the earnings along side the following peers of Clairvest Group, Inc. - Alaris Royalty Corp. (AD-CA) that have also reported for this period.

  • Summary numbers: Revenues of CAD 5.70 million, Net Earnings of CAD 17.27 million.
  • Gross margins narrowed from -5.04% to -28.24% compared to the same period last year, operating (EBITDA) margins now 367.32% from 345.45%.
  • Year-on-year change in operating cash flow of 207.37% is about the same as the change in earnings, likely no significant movement in accruals or reserves.
  • One-time items weakened operating performance.

The table below shows the preliminary results and recent trends for key metrics such as revenues and net income (See complete table at the end of this report):

2017-03-312016-12-312016-09-302016-06-302016-03-31
Revenues (mil)5.77.74.710.75.1
Revenue Growth (%YOY)10.9-40.513.531.3-82.8
Earnings (mil)17.330.810.511.617.3
Earnings Growth (%YOY)0.017157.926546.7-9.2
Net Margin (%)303.1397.1224.5108.4336

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