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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
Tel: N/A
IR: See website
Key People
Paul W. Antony
Executive Chairman of the Board
Michael Rawluk
President, Director
Michael Borys
Chief Financial Officer
Tamara Darvish
President - United States
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 2020,AutoCanada Inc. revenues decreased 8% to C$2.45B. Net lossincreased from C$11.2M to C$31.2M. Revenues reflectComparable Store Sales New vehicles decrease from 11.1 to-6.4%, Comparable Store Sales - Retail New vehi decrease of6% to C$962.8M, Retail Sales New vehicles decrease of 16%to C$1.27B. Higher net loss reflects Canada segment incomedecrease of 41% to C$35.7M.
Employees: 4,030 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $2,187M as of Dec 31, 2020
Annual revenue (TTM): $3,262M as of Dec 31, 2020
EBITDA (TTM): $85.28M as of Dec 31, 2020
Net annual income (TTM): -$48.42M as of Dec 31, 2020
Free cash flow (TTM): $149.85M as of Dec 31, 2020
Net Debt Last Fiscal Year: $1,096M as of Dec 31, 2020
Shares outstanding: 27,226,703 as of Sep 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization