Incredible Quarter Awe inspiring results for AutoCanada.
https://pictures.dealer.com/autocana...5485fff72f.pdf
2011 Fourth Quarter Operating Results
• Revenue increased 20.4% or $40.4 million
• Gross profit increased by 18.2% or $6.5 million
• Same store revenue increased by 24.8%
• Same store gross profit increased by 20.6%
• EBITDA was $7.5 million vs. $3.5 million in Q4 of 2010, a 117.6% increase
• The number of new vehicles retailed increased by 13.2%
• The number of used vehicles retailed increased by 12.0%
• Repair orders completed for the quarter were down 1.5%
• Same store repair orders completed for the quarter were up 4.2%
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ESP of
.23 per share and adjusted free cash flow per share of
.37 in the 4th quarter.
Dividend yield is currently 5.8% with a free cash flow payout ratio of only 38%.
They raised their dividend in each of the last 4 quarters and Q1 is almost over. Q2 is usually their busiest and most profitable and it starts next week.
The CEO owns 25% of the stock and as the last poster indicated he ensured that not one single share was issued last year. He seems quite driven and intent on rewarding himself and his partners.
I can't see this company not providing a lot more good news in the future.