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AutoCanada Inc. (T:ACQ)

Business Focus: Auto Vehicles, Parts & Service Retailers

Sector:  Consumer Cyclicals Industry:  Auto Vehicles, Parts & Service Retailers
 
See Regulatory Filings on SEDAR
Company Contact
Address: 200-15505 Yellowhead Trail NW
EDMONTON AB T5V 1E5
Tel: N/A
Website: www.autocan.ca
IR: See website
Key People
Paul W. Antony
Executive Chairman of the Board
Michael Rawluk
President, Director
Tamara Darvish
President - U.S. Operations
Michael Cunningham
Vice President - Finance and Chief Financial Officer - United States
Peter Hong
Chief Strategy Officer, General Counsel
 
Business Overview
AutoCanada Inc. (AutoCanada) is a Canada-based multi-location 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 and other after-market products. It arranges financing and insurance for vehicle purchases by its customers through third-party finance and insurance sources. Its business, held through its subsidiaries, is the operation of franchised automobile dealerships in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia and New Brunswick. The Company operates approximately 64 franchised dealerships, consists of 27 brands, in eight provinces in Canada, as well as a group in Illinois. It also offers a range of parts, service and collision repair services, extended warranties, and replacement and aftermarket automotive products.
Financial Overview
For the nine months ended 30 September 2019, AutoCanada Inc. revenues increased 13% to C$2.67B. Net loss decreased 78% to C$11.2M. Revenues reflect Comparable Store Sales New vehicles increase from -5.3 to 11.1%, Comparable Store Sales - Retail New vehi increase of 13% to C$996.5M, Retail Sales New vehicles increase of 10% to C$1.51B, Revenue, New vehicles increase of 10% to C$1.51B, Parts, service and collision repair increase of 45% to C$359.2M.
Employees: 4,200 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $1,376M as of Sep 30, 2019
Annual revenue (TTM): $3,450M as of Sep 30, 2019
EBITDA (TTM): $109.62M as of Sep 30, 2019
Net annual income (TTM): -$36.29M as of Sep 30, 2019
Free cash flow (TTM): $2.67M as of Sep 30, 2019
Net Debt Last Fiscal Year: $1,337M as of Sep 30, 2019
Shares outstanding: 27,416,707 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization