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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
Independent 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, Transportation and international
Corey Leonard
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 nine months ended 30 September 2019, Cervus Equipment Corp revenues decreased 16% to C$879.5M. Net loss totaled C$1.6M vs. income of C$19.7M. Revenues reflect Agricultural Equipment segment decrease of 19% to C$585.1M, Transportation Equipment segment decrease of 10% to C$252.3M. Net loss reflects IE on Capital Financin increase from C$4.3M to C$8.7M (expense), Other income (loss) decrease of 43% to C$1.7M (income).
Employees: 1,587 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $176.72M as of Sep 30, 2019
Annual revenue (TTM): $1,180M as of Sep 30, 2019
EBITDA (TTM): $36.31M as of Sep 30, 2019
Net annual income (TTM): $3.46M as of Sep 30, 2019
Free cash flow (TTM): $20.91M as of Sep 30, 2019
Net Debt Last Fiscal Year: $129.23M as of Sep 30, 2019
Shares outstanding: 15,350,270 as of Jan 20, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization