Canaccord Capital Inc. today reported a big increase in profit for the fourth quarter ended March 31.

The investment dealer said profit jumped to $30.1 million, or 63¢ a share, compared with, $17.3 million, or 38¢ per share.

Revenue for the quarter ended March 31 jumped to a record-high $207.1 million from $142.9 million.

For the full year, earnings were $81.2 million or $1.74 a share, up 67 per cent from $48.6 million or $1.11 per share in 2005. Annual revenue rose to a record $583.4 million, from $432.8 million.

“Our record success in fiscal 2006 reflects the continued execution of our global strategy to be the pre-eminent investment dealer focused on the small-to mid-cap market,” said Peter Brown, chairman and CEO Peter Brown, in a news release. “We look to continue our commitment to growth and operational excellence in fiscal 2007.”