Sector: Consumer Cyclicals | Industry: Auto Vehicles, Parts & Service Retailers |
Company Contact | |
Address: | #200 - 15511 123 Avenue NW EDMONTON AB T5V 0C3 |
Tel: | N/A |
Website: | https://investors.autocan.ca |
IR: | See website |
Key People | ||
Paul W. Antony Executive Chairman of the Board | Azim Lalani Chief Financial Officer | Jeff Thorpe President, Canadian Operations |
Jim Douvas Vice President, U.S. Operations | Peter Hong Chief Strategy Officer, General Counsel |
Business Overview |
AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products, after-market products and auction services. The Company also arranges financing and insurance for vehicles purchased by its customers through third-party finance and insurance sources. Its segments include Canadian Operations and U.S. Operations. It operates 83 franchised dealerships, comprising of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States of America. It sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, and Honda brands. |
Financial Overview |
For the fiscal year ended 31 December 2023, AutoCanada Inc revenues increased 7% to C$6.44B. Net income decreased 41% to C$50.5M. Revenues reflect Canada segment increase of 9% to C$5.61B, Comparable Store Sales New vehicles increase from -1.8 to 13.2%, Comparable Store Sales - Retail New vehi increase of 13% to C$1.82B, Retail Sales New vehicles increase of 18% to C$2.55B. |
Employees: | 6,000 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2,790M as of Dec 31, 2023 |
Annual revenue (TTM): | $6,437M as of Dec 31, 2023 |
EBITDA (TTM): | $278.93M as of Dec 31, 2023 |
Net annual income (TTM): | $50.49M as of Dec 31, 2023 |
Free cash flow (TTM): | $40.02M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $2,159M as of Dec 31, 2023 |
Shares outstanding: | 23,598,710 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |