AutoCanada Inc T.ACQ

Alternate Symbol(s): AOCIF

Consumer Cyclical Auto & Truck Dealerships

AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. It offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services. Its segments include Canadian Operations and U.S. Operations. It operates over 83 franchised dealerships, comprised of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States. It sells Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, FIAT, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Lincoln, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, Toyota, Volkswagen, and Volvo branded vehicles. Its Canadian Operations segment operates three used vehicle dealerships and one used vehicle auction business supporting the Used Digital Division, 13 RightRide division locations, and 11 stand-alone collision centers within its group of 27 collision centers.

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AutoCanada Inc > AUTOCANADA REPORTS RECORD FIRST QUARTER RESULTS

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Comment by TimeScapeon May 05, 2022 12:46am

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Post# 34657551

RE:RE:RE:AUTOCANADA REPORTS RECORD FIRST QUARTER RESULTS

Big increases in revenue and adjusted EBITDA. Adjusted eps was about $1.00 per share once you back out the derivative and debt extinguishment writeoffs. That's $4 a share for a year at that rate, or a p/e of about 8 X. Sounds good to me.

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