Canaccord Genuity Fiscal 2021 Annual Report

Fiscal 2021 Annual Report

With a defensive revenue mix and a relentless drive to be the very best in our areas of focus, we are structured to deliver stability in times of stress, and increased value when markets are active.

Dan Daviau, President & CEO
Canaccord Genuity Group Inc.

While fiscal 2021 was undoubtedly an outlier year for capital markets activities, our global wealth management business continued to deliver impressive growth. Firm-wide client assets grew to a record $89 billion, a testament to the exemplary drive and capabilities of our teams in all regions.

Read Letter from the President & CEO

Our platform has proven that it can support substantially increased business activities over a relatively fixed cost base. As a result, we have established a higher foundation from which to grow our long-term earnings.

Read Letter from the Chairman

For several years, we have focused on driving sustainable profitability and earnings growth and achieving a business mix that can perform in all markets.

Our record fiscal 2021 results are a testament to the power of our platform, and the remarkable efforts by our employees across the Company.

Revenue (C$ millions, fiscal years ended March 31)

Revenue for the fiscal years ended March 31, in millions of Canadian dollars: 2021: $1,993.5; 2020: $1,223.9; 2019: $1,190.6; 2018: $1,022.9; 2017: $879.5

Income before Income Taxes⁽¹⁾ (C$ millions, fiscal years ended March 31)

Income before Income Taxes for the fiscal years ended March 31, in millions of Canadian dollars: 2021: $386.1; 2020: $123.1; 2019: $135.6; 2018: $110.6; 2017: $61.3

Diluted Earnings Per Share⁽¹⁾ (C$, fiscal years ended March 31)

(1) These figures exclude significant items. Figures excluding significant items are non-IFRS measures. See Non-IFRS Measures and a reconciliation of net income under IFRS to net income excluding significant items in our annual MD&A.