AOCIF News and Press, AutoCanada Inc From 09/26/22

AutoCanada ( OTCPK:AOCIF ) has acquired Auto Gallery of Winnipeg, an independent used vehicle dealership in Winnipeg, Manitoba. The acquired dealership generates in excess of $15M in annual revenue and is expected to be accretive to 2022 earnings. The transaction incl...

AutoCanada ( OTCPK:AOCIF ) has acquired Velocity Autobody, a Tesla certified, I-CAR Gold Class collision centre located in Markham, Ontario. The deal will be funded from a drawdown of the company's credit facility and is expected to be accretive to 2022 earnings. The ...

AUTOCANADA ACQUIRES VELOCITY AUTOBODY IN MARKHAM, ONTARIO Canada NewsWire EDMONTON, AB , Aug. 22, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today th...

AutoCanada Inc. (AOCIF) Q2 2022 Earnings Conference Call August 11, 2022 11:00 AM ET Company Participants Mike Borys - Chief Financial Officer Paul Antony - Executive Chairman Casey Charleson - Vice President, Finance Conference Call Participants Pr...

Autocanada press release ( OTCPK:AOCIF ): Q2 GAAP EPS of C$1.33. Revenue of C$1.69B (+32.0% Y/Y). Adjusted EBITDA for the period was C$75.6M as compared to C$70.5M reported in Q2 2021, an improvement of 7.2%. Total vehicles sold were 28,115, an increase of 4,162 u...

AutoCanada ( OTCPK:AOCIF ) reported Monday the preliminary estimates for its second quarter with revenue expected to be $1.7B (+32% Y/Y). Same store total retail unit sales growth of approximately 0.6% as compared to 40.5% in the prior year. An increase in AutoCanada'...

AutoCanada ( OTC:AOCIF ) has acquired Burwell Auto Body, a luxury-brand focused collision centre located in London, Ontario. Burwell Auto Body is a certified BMW, Audi, Tesla, Volvo, Porsche and Subaru collision centre. The addition represents a continuation of the company...

Autocanada press release (OTC:AOCIF): Q1 GAAP EPS of C$0.10. Revenue of C$1.34B (+38.2% Y/Y). Adjusted EBITDA  for the period was C$62.2 million as compared to C$47.2 million reported in Q1 2021. Net indebtedness leverage ratio of 1.1x remained well below our target range at the end...

AutoCanada Inc. (AOCIF) Q4 2021 Earnings Conference Call March 03, 2022 11:00 AM ET Company Participants Michael Borys - CFO Paul Antony - Executive Chair Casey Charleson - VP, Finance Conference Call Participants Michael Doumet - Scotiabank Chris Murray - ATB Capital Markets David Ocampo - C...

Autocanada press release (OTC:AOCIF): Q4 GAAP EPS of C$2.38. Revenue of C$1.2B (+37.0% Y/Y). Adjusted EBITDA for the period was C$65.9M as compared to C$40.5M reported in Q4 2020, an improvement of 62.8%. Adjusted EBITDA margin was 5.5% as compared to 4.6% in the prior year, an incr...