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Rifco Inc. (V:RFC)
Business Focus: Personal & Car Loans
Insider Filings
Latest 10 SEDI filings for RFC within the last 6 months
See all filings within the past 6 months
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Company News
Jul 30, 2020 07:07 ET
Rifco Receives $1.5 Million to Settle Dispute with ACC and CanCap
RED DEER, ALBERTA - TheNewswire - July 30, 2020 - Rifco Inc.
(TSXV:RFC) ("Rifco"
or the "Company")
ACC Holdings Inc. (the "Purchaser") and CanCap Management Inc. ("CanCap") settled their claims
against each other for a payment by CanCap and the Purchaser of an
aggregate of $1.5 million (the “Settlement Amount”) to Rifco.
Jul 15, 2020 05:07 ET
Rifco Reports Fourth Quarter and March 31, 2020 Annual Results
Red Deer, Alberta – TheNewswire
- July 15, 2020; Rifco Inc. (TSXV:RFC)
(“Rifco” or the “Company”) the largest publicly-traded alternative auto finance company
in Canada, is announcing results for its wholly owned subsidiary Rifco
National Auto Finance for the fourth quarter and the year ended March
31, 2020.
Valuation Ratios
Industry
Sector
Beta
1.32
--
--
Price to Sales - TTM
0.40
1.36
7.06
Price to Book - most recent quarter
0.61
1.94
1.75
Price to Cash Flow per share - TTM
--
6.65
9.94
Price to Free Cash Flow per share - TTM
3.40
3.40
16.78
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Jul 15, 2020 | 96 | -904 |
| Jun 30, 2020 | 1,000 | -5,000 |
| Jun 15, 2020 | 6,000 | -500 |
Business Summary
| Sector: Financials | Industry: Consumer Lending |
Rifco Inc. is a Canada-based auto purchase finance company. The Company operates through its subsidiary, Rifco National Auto Finance Corporation, and is engaged in vehicle financing. The Company provides non-traditional vehicle financing to motorists through a network of select new and used vehicle retailers. The Company's auto financing is available to both franchise and independent dealers who want to create a partnership. The Company specializes in building long-term partnerships with vehicle dealers by providing personalized services through account managers. The Company operates in all provinces in Canada except Quebec.
See business summary
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