Atrium Mortgage Investment Corporation (AI.TO) is a non-bank lender providing financing solutions primarily in Ontario, Alberta, and British Columbia. The company boasts impressive margins, with a gross margin of 89.1% and a net margin of 62.8%, indicating strong profitability. However, its liquidity ratios are concerningly low at 0.01, suggesting potential difficulties in meeting short-term obligations. Additionally, despite high margins, the return on equity (ROE) is only 2.2%, raising questions about capital efficiency. Overall, while Atrium shows strong profitability, its liquidity and return metrics warrant caution.
Loading financial metrics...
Debt increased 110.6% from $141.0M to $296.9M while revenue growth remained modest.
Gross margin expanded by 7.7 percentage points, indicating improved pricing power or cost efficiency.
Operating margin expanded by 5.9pp, demonstrating strong operational leverage.
Both gross margin (+7.7pp) and operating margin (+5.9pp) are expanding simultaneously, indicating the company is scaling profitably.
Exceptional gross margin of 70.3% indicates strong pricing power and competitive moat.
Operating margin of 66.3% demonstrates excellent operational efficiency.
Valuation, risk assessment, competitive positioning, and key insights — all in one report.
Other Financial - Mortgages companies of a similar size
Based on 2026-Q2 (June 30, 2026)