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Sagen MI Canada (Sagen MI Canada) Revenue : $535.4 Mil (TTM As of Dec. 2023)


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What is Sagen MI Canada Revenue?

Sagen MI Canada's revenue for the three months ended in Dec. 2023 was $22.5 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $535.4 Mil. Sagen MI Canada's Revenue per Share for the three months ended in Dec. 2023 was $0.26. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.20.

Good Sign:

Sagen MI Canada Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Sagen MI Canada was 24.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Sagen MI Canada's highest 3-Year average Revenue per Share Growth Rate was 8.70% per year. The lowest was -20.20% per year. And the median was 4.35% per year.


Sagen MI Canada Revenue Historical Data

The historical data trend for Sagen MI Canada's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sagen MI Canada Revenue Chart

Sagen MI Canada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 647.83 677.10 760.78 396.18 538.10

Sagen MI Canada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -71.54 144.87 163.84 204.15 22.55

Competitive Comparison of Sagen MI Canada's Revenue

For the Insurance - Specialty subindustry, Sagen MI Canada's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sagen MI Canada's Revenue Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sagen MI Canada's Revenue distribution charts can be found below:

* The bar in red indicates where Sagen MI Canada's Revenue falls into.



Sagen MI Canada Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $535.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sagen MI Canada  (OTCPK:GMICF) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Sagen MI Canada Revenue Related Terms

Thank you for viewing the detailed overview of Sagen MI Canada's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Sagen MI Canada (Sagen MI Canada) Business Description

Traded in Other Exchanges
Address
2060 Winston Park Drive, Suite 300, Oakville, ON, CAN, L6H 5R7
Sagen MI Canada Inc private sector residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. The company operates exclusively in Canada, with roughly half its policies in Ontario and remaining policies in Alberta, British Columbia, Quebec and Other.

Sagen MI Canada (Sagen MI Canada) Headlines

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