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AOCIF News and Press, AutoCanada Inc From 05/04/23

Stock Information

Company Name: AutoCanada Inc
Stock Symbol: AOCIF
Market: OTC
Website: autocan.ca

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AOCIF - AutoCanada Inc. (AOCIF) Q1 2023 Earnings Call Transcript

2023-05-04 21:51:08 ET AutoCanada Inc. (AOCIF) Q1 2023 Earnings Conference Call May 4, 2023 11:00 AM ET Company Participants Paul Antony - Executives Chair Azim Lalani - CFO Conference Call Participants David Ocampo - Cormark Securities Chris Murray -...

AOCIF - Autocanada GAAP EPS of $0.32, revenue of $1.54B beats by $490M

2023-05-04 00:44:59 ET Autocanada press release ( OTCPK:AOCIF ): Q1 GAAP EPS of $0.32. Revenue of $1.54B (+14.9% Y/Y) beats by $490M . Total vehicles sold of 24,796 units, an increase of 1,382 units or 5.9% Used to new retail units ratio increased to 1.74...

AOCIF - AutoCanada Inc. (AOCIF) Q4 2022 Earnings Call Transcript

AutoCanada Inc. (AOCIF) Q4 2022 Earnings Conference Call March 2, 2023 11:00 AM ET Company Participants Casey Charleson - VP, Finance Paul Antony - Executives Chair Conference Call Participants Tamy Chen - BMO Capital Markets Chris Murray - ATB Capital Mark...

AOCIF - AutoCanada to renew NCIB to buy back stock

AutoCanada ( OTCPK:AOCIF ) said Thursday it will renew its normal course issuer bid to buy back up to ~1.34M shares for cancellation. The NCIB will span a the 12-month period starting December 28 and ending December 27, 2023. The number of shares authorized for purchase under the ...

AOCIF - AutoCanada appoints Azim Lalani as CFO

AutoCanada ( OTCPK:AOCIF ) has appointed Azim Lalani as its new Chief Financial Officer, effective in the first quarter of 2023. He will be based at the company's Edmonton headquarters. Azim, most recently served as Senior Vice President, Finance and Accounting for ...

AOCIF - AutoCanada Inc. (AOCIF) Q3 2022 Earnings Call Transcript

AutoCanada Inc. (AOCIF) Q3 2022 Earnings Conference Call November 10, 2022 11:00 AM ET Company Participants Michael Borys - CFO Paul Antony - Executives Chair Casey Charleson - VP, Finance Conference Call Participants Chris Murray - ATB Capital Market...

AOCIF - AutoCanada to commence $50M substantial issuer bid

Automobile dealership group AutoCanada ( OTCPK:AOCIF ) plans to initiate a substantial issuer bid to purchase up to $50M of its common shares from its shareholders for $25-$28 per share price range. The bid would be for ~7.87% of the outstanding shares if the purchase price is...

AOCIF - Autocanada GAAP EPS of C$1.16, revenue of C$1.62B

Autocanada press release ( OTCPK:AOCIF ): Q3 GAAP EPS of C$1.16. Revenue of C$1.62B (+33.9% Y/Y). Adjusted EBITDA margin was 4.7% versus the adjusted EBITDA margin of 5.7% in the prior year, a decrease of (1.0) percentage points. Gross profit percentage was 16.8% ...

AOCIF - AutoCanada acquires North Toronto Auction; terms not disclosed

AutoCanada ( OTCPK:AOCIF ) said Tuesday it acquired North Toronto Auction , a fee-based used vehicle auction business in Innisfil, Ontario. Terms were not disclosed. NTA generates over C$4.5M in annual revenue and will operate in AOCIF's used digital retail division. The d...

AOCIF - AutoCanada acquires Auto Gallery of Winnipeg

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...

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