SEQ sequoia financial group ltd

Ann: Business Update 2021 AGM, page-2

  1. 7,725 Posts.
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    Good update.
    What interested me most is the emphasis on growing the 2 smallest divisions that produce the highest EBITDA margins above 30%....Namely Professional Services & Direct Investments.
    # Professional Services to double in 2022 to $15m.
    # Direct investments to increase 5 folds in 2024 to $10m.
    The wealth division & Equity markets produce EBITDA margins in single or low double digits......It is the bread & butter for SEQ & will likely keep growing , but we will find that the major contributors to the bottom line will be the smaller divisions.
 
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