AUTOCANADA REPORTS RECORD FOURTH QUARTER RESULTS... - Revenue was $1,195.8 million as compared to $876.1 million in the prior year, an increase of 36.5% and the highest fourth quarter revenue reported in the Company's history
- Net income for the period was $69.4 million versus $24.3 million in the prior year and includes recovery of non-financial assets of $39.8 million in Q4 2021 and $11.2 million in Q4 2020
- Net income margin1 was 5.8% versus 2.8% in the prior year, an increase of 3.0 percentage points
- Adjusted EBITDA2 was $65.9 million versus $40.5 million in the prior year, an increase of 62.8%
- Adjusted EBITDA margin2 was 5.5% versus 4.6% in the prior year, an increase of 0.9 percentage points
- Diluted earnings per share was $2.38, an increase of $1.57 from $0.81 in the prior year.
Growing sales, growing margins, trading 3x eps? Not for long IMO.