EIFZF - Another Excellent Quarter For Exchange Income Corp. - Can The Momentum Continue?
Introduction
As most of our followers are probably aware, Exchange Income Corp. ([[EIFZF]], EIF.TO) is one of our most popular stocks to cover. Unlike other airlines such as WestJet (WJAFF) and Air Canada (ACDVF), Exchange Income operates several small-scale airlines that operate in remote communities across Canada. Another aspect of the business that makes it different from other airlines is the fact that roughly 30% of its revenues come from several manufacturing companies that it has acquired over the last few years.
Today’s North Channel Investments article will discuss Exchange Income’s most recent quarterly report.