Axis Auto Finance Inc.

AXIS

CA05465J1057

Consumer Lending

Market Closed - Toronto S.E. Other stock markets 03:59:58 2024-04-23 pm EDT			5-day change	1st Jan Change
0.065 ^CAD	0.00%		0.00%	+30.00%

Feb. 20	Toronto Stocks Flat as Canadian CPI Cools to 2.9%	DJ
Feb. 20	Axis Auto Finance Launches Strategic Review; Up Up Over 33%	MT

Axis Auto Finance Inc. Reports Earnings Results for the Full Year Ended June 30, 2023

September 15, 2023 at 06:29 pm EDT

Axis Auto Finance Inc. reported earnings results for the full year ended June 30, 2023. For the full year, the company reported revenue was CAD 40.6 million compared to CAD 40.16 million a year ago. Net loss was CAD 26.18 million compared to net income of CAD 1.48 million a year ago.

Basic loss per share from continuing operations was CAD 0.215 compared to basic earnings per share from continuing operations of CAD 0.013 a year ago.

Latest news about Axis Auto Finance Inc.

Toronto Stocks Flat as Canadian CPI Cools to 2.9%	Feb. 20	DJ
Axis Auto Finance Launches Strategic Review; Up Up Over 33%	Feb. 20	MT
Axis Auto Finance Inc. Brief: Up 33.3% As Initiates a Strategic Review	Feb. 20	MT
Axis Auto Finance Shares Jump on Strategic Review, Potential Sale	Feb. 19	CI
Axis Auto Finance Inc. Brief: Q2 Adjusted loss of ($0.5) million Vs Adjusted earnings of $0.3 million in prior year; Revenues of $11.1 million, a 4.1% increase year-over-year	Feb. 14	MT
Axis Auto Finance Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 13	CI
Axis Auto Finance Inc. Appoints Arlene O'neill as Director	Dec. 21	CI
Axis Auto Finance Inc.'s Equity Buyback announced on November 24, 2022, has expired.	Nov. 24	CI
Axis Reports Q1 2024 Financial Results	Nov. 15	MT
Tranche Update on Axis Auto Finance Inc.'s Equity Buyback Plan announced on November 24, 2022.	Nov. 14	CI
Axis Auto Finance Inc. Reports Earnings Results for the First Quarter Ended September 30, 2023	Nov. 14	CI
Tranche Update on Axis Auto Finance Inc.'s Equity Buyback Plan announced on November 24, 2022.	23-09-15	CI
Axis Auto Finance Inc. Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-15	CI
Axis Auto Finance Inc. Brief: Q4 Total originations of $62.5 million, consisting of $30.3 million in automotive originations and $32.3 million in equipment originations	23-09-15	MT
Axis Auto Finance Inc. Brief: Net loss of ($20.1) million, down from net income of $0.3 million in Q4 of 2022	23-09-15	MT
Axis Auto Finance Inc. Brief: Revenues of $10.1 million in Q4, a 2% decline year-over-year; Adjusted loss of ($1.4) million as compared to Adjusted Earnings of $1.1 million in prior year	23-09-15	MT
Axis Auto Finance Inc. Reports Impairment Charges for the Fourth Quarter Ended June 30, 2023	23-09-15	CI
Axis Auto Finance Inc. Brief: Providing Business Update and Closing $2.67 Million Private Placement of Unsecured Subordinated Debentures	23-09-11	MT
Axis Provides Business Update and Announces Closing of $2.67 Million Private Placement of Unsecured Subordinated Debentures	23-09-11	CI
Axis Auto Finance Inc. announced that it has received CAD 2.67 million in funding	23-09-10	CI
RBC Capital Markets Says Fintech Companies Including Lightspeed Note Relative Stability	23-06-14	MT
Tranche Update on Axis Auto Finance Inc.'s Equity Buyback Plan announced on November 24, 2022.	23-05-12	CI
Axis Auto Finance Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	23-05-12	CI
Axis Auto Finance Inc. Brief: Q3 Adjusted loss of $3.9 million and Net loss of $4.7 million	23-05-12	MT
Axis Auto Finance's Fiscal Q2 Profit Falls, Revenue Rises	23-02-14	MT

Chart Axis Auto Finance Inc.

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Company Profile

Axis Auto Finance Inc. is a Canada-based financial technology company. The Company is a financial technology lender, providing alternative used vehicle financing to consumers located in Canada. Through its direct-to-consumer portal, DriveAxis.ca, customers can choose their next used vehicle, arrange financing, and get the car delivered to their home. In addition, the Company focuses on business to business (B2B) non-prime auto loan originations by delivering advanced technology solutions and superior service to its dealer partner network. The Company's subsidiaries include Axis Auto Finance Services Corp., Axis Equipment Finance Inc., Cars on Credit Financial Inc., Trend Financial Corp., and Axis Auto Finance Lending Corp. Its Axis Equipment Finance Inc. provides commercial equipment leasing and financing solutions.

Sector

Consumer Lending

Calendar

2024-05-29 - Q3 2024 Earnings Release (Projected)

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