E Automotive Inc. (T:EINC)
Business Focus: Online Services (NEC)
| Sector: Technology | Industry: Online Services |
| Company Contact | |
| Address: | 10 Lower Spadina Avenue Suite 400 And Suite 500 Toronto ON M5V 2Z2 |
| Tel: | N/A |
| Website: | https://e.inc |
| IR: | See website |
| Key People | ||
| Jason Mcclenahan President, Chief Executive Officer, Secretary, Director | Andy Bohlin Chief Financial Officer | John Brasher Chief Operating Officer |
| Jill Murray Chief People Officer | Dmitry Vodiansky Chief Technology Officer | Emma Weisberg Chief Marketing Officer |
| Jaimesen Heins General Counsel, Corporate Secretary | Jai Macker Chief Product Officer | Lisa Scott Chief Revenue Officer |
| Business Overview |
| E Automotive Inc. is a Canada-based company, which is engaged in the business of providing a digital wholesale auction marketplace, and developing, marketing and distributing digital retailing software supporting the automotive industry. The Company has a digital platform (the Platform), which provides automotive dealerships with access to an online wholesale auction marketplace where the Company purchases or sells vehicles to other dealers, as well as access software solutions to support dealers' digital retailing and inventory management. Access to its Platform is complemented by ancillary service offerings to assist dealers with supplementary auction-related needs, along with driving consumer traffic to their digital properties and optimizing other business processes. The Company's digital wholesale marketplace goes to market under the brand EBlock, and its digital suite of retail products goes to market under the brand EDealer. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, E Automotive Inc revenues increased 10% to $121.3M. Net loss decreased 12% to $45.9M. Revenues reflect Auction fees segment increase of 12% to $65.3M, Ancillary services segment increase of 11% to $43.1M, United States segment increase of 33% to $52.3M. Lower net loss reflects Labor & Related Expenses in SGA decrease of 20% to $39.3M (expense), Selling. |
| Employees: | 912 as of Dec 31, 2022 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $18.20M as of Dec 31, 2023 |
| Annual revenue (TTM): | $121.26M as of Dec 31, 2023 |
| EBITDA (TTM): | -$26.74M as of Dec 31, 2023 |
| Net annual income (TTM): | -$45.91M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$16.50M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $7.59M as of Dec 31, 2023 |
| Shares outstanding: | 59,583,735 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
