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AutoCanada Inc. (T:ACQ)

Business Focus: Auto Vehicles, Parts & Service Retailers (NEC)

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