Atrium Mortgage Investment Corporation (AMIVF)
OTC PINK OTC PINK Primary Summary
AMIVF Chart
Atrium Mortgage:A High Yield Canadian Real Estate Idea
Atrium Mortgage delivers stable earnings, fully covering its attractive monthly dividend, with prudent loan loss provisions and a strong balance sheet. The mortgage portfolio remains high quality, with most loans performing and adequate coverage for weaker credits, supporting ongoing income stability. Atrium's new 6% convertible debenture issue extends financing duration and offers an appealing yield, enhancing capital structure flexibility.
Atrium Mortgage Investment Corporation (AMIVF) Q1 2025 Earnings Call Transcript
Atrium Mortgage Investment Corporation (OTCPK:AMIVF) Q1 2025 Earnings Conference Call May 14, 2025 4:30 PM ET Company Participants Robert Goodall - CEO Razvan Vulcu - Interim CFO Conference Call Participants Sid Rajeev - Fundamental Research Corp Graham Ryding - TD Securities Operator Ladies and gentlemen, please standby. Your conference is about to begin.
Atrium Mortgage: Expect A Special Dividend Now Soured Loans Have Been Resolved
Atrium Mortgage's loan book is robust, with 97% first mortgages and over 90% having an LTV ratio below 75%, mainly in the Greater Toronto Area. Despite high loan loss provisions, Atrium reported strong earnings, with a net income of C$11.6M and a quarterly income of C$0.26 per share. The company successfully resolved most high-risk loans, reducing the percentage of Stage 2 and 3 loans from 14% to under 6% by mid-December.
Atrium Mortgage Investment Corporation Dividends
| AMIVF In 2 weeks Estimated | Monthly | $0.06 Per Share |
| AMIVF 1 weeks ago Paid | Monthly | $0.06 Per Share |
| AMIVF 1 month ago Paid | Monthly | $0.06 Per Share |
| AMIVF 2 months ago Paid | Monthly | $0.06 Per Share |
| AMIVF 3 months ago Paid | Monthly | $0.05 Per Share |
| AMIVF 4 months ago Paid | Monthly | $0.05 Per Share |
Atrium Mortgage Investment Corporation Earnings
| 7 Aug 2025 (In 3 weeks) Date | | 0.24 Cons. EPS | - EPS |
| 15 May 2025 Date | | - Cons. EPS | 0.15 EPS |
| 13 Feb 2025 Date | | - Cons. EPS | - EPS |
| 12 Nov 2024 Date | | - Cons. EPS | 0.19 EPS |
| 8 Aug 2024 Date | | - Cons. EPS | 0.15 EPS |
| AMIVF In 2 weeks Estimated | Monthly | $0.06 Per Share |
| AMIVF 1 weeks ago Paid | Monthly | $0.06 Per Share |
| AMIVF 1 month ago Paid | Monthly | $0.06 Per Share |
| AMIVF 2 months ago Paid | Monthly | $0.06 Per Share |
| AMIVF 3 months ago Paid | Monthly | $0.05 Per Share |
| AMIVF 4 months ago Paid | Monthly | $0.05 Per Share |
| 7 Aug 2025 (In 3 weeks) Date | | 0.24 Cons. EPS | - EPS |
| 15 May 2025 Date | | - Cons. EPS | 0.15 EPS |
| 13 Feb 2025 Date | | - Cons. EPS | - EPS |
| 12 Nov 2024 Date | | - Cons. EPS | 0.19 EPS |
| 8 Aug 2024 Date | | - Cons. EPS | 0.15 EPS |
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Atrium Mortgage Investment Corporation Profile
| Financial - Mortgages Industry | Financial Services Sector | Mr. Robert G. Goodall MBA CEO | OTC PINK Exchange | CA04964G1000 ISIN |
| CA Country | - Employees | 30 Jun 2025 Last Dividend | 16 Nov 2022 Last Split | - IPO Date |
Overview
Atrium Mortgage Investment Corporation is a prominent mortgage lender based in Canada, specializing in offering a wide range of mortgage services to both residential and commercial sectors. Since its inception in 2001, Atrium has been committed to providing tailored financing solutions, focusing on diverse mortgage loan types. It stands as a pivotal financier in the real estate market by facilitating the procurement, development, and expansion of real properties across Canada. With its head office in Toronto, Atrium is recognized for its comprehensive and flexible financing options that cater to the unique needs of borrowers, making it a distinctive player in the Canadian mortgage lending landscape.
Products and Services
- Land and Development Financing
- Construction and Mezzanine Financing
- Commercial Term and Bridge Financing
This service caters to investors and developers seeking funds for purchasing or developing land for future construction projects. Atrium Mortgage Investment Corporation provides strategic financing solutions that support the initial stages of development, enabling clients to turn their vision into tangible assets.
Atrium offers construction financing to cover the costs associated with the construction phase of both residential and commercial properties. This includes funding for labor, materials, and other expenses essential to the completion of construction projects. Additionally, Atrium provides mezzanine financing, which is a hybrid of debt and equity financing used typically to finance the expansion of existing companies, acting as a complementary solution to traditional construction loans.
The corporation extends commercial term loans designed for long-term financing needs, such as refinancing existing loans, acquiring properties, or making substantial improvements to commercial real estates. Bridge financing, on the other hand, is a short-term loan used to "bridge" the gap between immediate financing needs and the future acquisition of long-term funding. This is particularly useful for businesses and investors in the process of transitioning between financial stages.
Contact Information
