Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Cervus Equipment Corporation (T:CERV)

Business Focus: Heavy Machinery & Vehicles

Sector:  Industrials Industry:  Heavy Machinery & Vehicles
See Regulatory Filings on SEDAR
Company Contact
Address: 205-120 Country Hills Landng NW
Tel: N/A
IR: See website
Key People
Peter Alan Lacey
Executive Chairman of the Board
Angela S. Lekatsas
President, Chief Executive Officer, Director
Adam Colby Lowther
Chief Financial Officer
John Higgins
Vice President - Operations,Transportation
Fred Hnatiw
Vice President - Operations, Commercial and Industrial
Cal Johnson
Vice President - Operations, Agricultural
Stella Cosby
Vice President - People
Business Overview
Cervus Equipment Corp is a Canada-based company that acquires and operates authorized agricultural, construction, material handling and transportation equipment dealerships. The Company has interests in 63 dealerships in Canada, New Zealand and Australia. It operates through three segments: Agriculture, Transportation and Industrial. The primary equipment brands represented by the Company include John Deere agricultural equipment; Peterbilt transportation equipment; and Clark, Sellick, Doosan, JLG and Baumann material handling equipment.
Financial Overview
For the six months ended 30 June 2019, Cervus Equipment Corp revenues decreased 14% to C$562.4M. Net income decreased 99% to C$103K. Revenues reflect Agricultural Equipment segment decrease of 17% to C$362.1M, Transportation Equipment segment decrease of 8% to C$171.8M. Net income also reflects IE on Capital Financin increase of 90% to C$5.6M (expense), IE on Capital Financing, Gross increase of 89% to C$1.2M (expense).
Employees: 1,587 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $159.22M as of Jun 30, 2019
Annual revenue (TTM): $1,255M as of Jun 30, 2019
EBITDA (TTM): $49.58M as of Jun 30, 2019
Net annual income (TTM): $17.31M as of Jun 30, 2019
Free cash flow (TTM): -$24.82M as of Jun 30, 2019
Net Debt Last Fiscal Year: $169.05M as of Jun 30, 2019
Shares outstanding: 15,328,500 as of Nov 5, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization