MCAN Mortgage Corporation

Toronto Stock Exchange MKP.TO

MCAN Mortgage Corporation Net Income Margin for the year ending December 31, 2023: 62.53%

MCAN Mortgage Corporation Net Income Margin is 62.53% for the year ending December 31, 2023, a -0.10% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

MCAN Mortgage Corporation Net Income Margin for the year ending December 31, 2022 was 62.59%, a -6.16% change year over year.
MCAN Mortgage Corporation Net Income Margin for the year ending December 31, 2021 was 66.70%, a 3.29% change year over year.
MCAN Mortgage Corporation Net Income Margin for the year ending December 31, 2020 was 64.58%, a -7.97% change year over year.
MCAN Mortgage Corporation Net Income Margin for the year ending December 31, 2019 was 70.17%, a 6.92% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

Toronto Stock Exchange: MKP.TO

MCAN Mortgage Corporation

CEO	Mr. Derek G. Sutherland C.A., CPA, CBV
IPO Date	Aug. 13, 1996
Location	Canada
Headquarters	200 King Street West
Employees	142
Sector	Finance
Industries Banking & Lending Investment Banking & Asset Management Venture Capital

Description

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company offers single-family residential mortgages, as well as residential construction, non-residential construction, and commercial loans, as well as engages in the real estate investments trusts and private investment activities. It also provides term deposits through a network of independent financial agents. The company was formerly known as MCAP Inc. and changed its name to MCAN Mortgage Corporation in September 2006. MCAN Mortgage Corporation was founded in 1980 and is headquartered in Toronto, Canada.

Key trends

Past 5 years