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Bullboard - Stock Discussion Forum Enercare, Inc. CSUWF

"EnerCare Inc is a provider of essential home and commercial services and energy solutions. The company offers rental services of water heaters, water treatment, furnaces, air conditioners, and other HVAC rental products. EnerCare is also in the business of plumbing, protection plans, and related services. The company operates in Canada and the United States of America."

OTCPK:CSUWF - Post Discussion

Enercare, Inc. > Nice Q1
View:
Post by testomax on May 04, 2018 7:41am

Nice Q1

First Quarter 2018 Highlights

Total revenue for the first quarter was $279.1 million, an increase of $30.4 million or 12% compared to the same period in 2017.

  • EBITDA was $57 million for the first quarter, an increase of 13% compared to $50.5 million in 2017.
  • Adjusted EBITDA was $58.7 million for the first quarter, an increase of 12% compared to $52.5 million in 2017.
  • Enercare Home Services had net rental unit growth of 2,271, the eleventh consecutive quarter of net growth in rental units.
  • Sub-metering increased contracted units by 4,201 in the first quarter.
  • Service Experts increased heating, ventilation and air conditioning ("HVAC") and water heater originations by 11% in the first quarter.
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