This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsAxis Auto Finance (AXIS) 주식 개요는 금융 기술 대출 기관으로, 소비자에게 대체 중고차 할부를 제공합니다. 자세히 보기AXIS 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성4/6배당0/6위험 분석지난 5년간 매년 수익이 63.8% 감소했습니다.의미 있는 시가총액이 없습니다(CA$607K)주식은 유동성이 매우 낮습니다의미 있는 수익이 없습니다(CA$5M)모든 위험 점검 보기AXIS Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW485,349 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA485,349 investors already sharing narrativesYour Fair ValueCA$Current PriceCA$0.00579.2% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-28m19m2016201920222025202620282031Revenue CA$2.1mEarnings CA$409.9kAdvancedSet Fair ValueView all narrativesAxis Auto Finance Inc. 경쟁사Inverite InsightsSymbol: CNSX:INVRMarket cap: CA$10.2mAmeriTrust Financial TechnologiesSymbol: TSXV:AMTMarket cap: CA$269.5mOrion DigitalSymbol: TSX:ORIOMarket cap: CA$21.6mAfrican Dawn CapitalSymbol: JSE:ADWMarket cap: R9.6m가격 이력 및 성과Axis Auto Finance 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$0.00552주 최고가CA$0.1052주 최저가CA$0.005베타0.0381개월 변동0%3개월 변동-50.00%1년 변동-92.31%3년 변동-99.19%5년 변동-97.83%IPO 이후 변동-99.33%최근 뉴스 및 업데이트공고 • Dec 13Fionic Canada Ltd. completed the acquisition of Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS).Fionic Canada Ltd. signed a letter of intent to acquire Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS) on May 15, 2024. As of October 21, 2024, Fionic Canada Ltd. entered into an asset purchase agreement to acquire Auto Finance Business and Certain Assets of Axis Auto Finance Inc. for a base purchase price of approximately CAD 114 million, subject to adjustments for changes in the composition of the auto loans assets and fair market value of inventory since December 31, 2023. The deal is subject for approval of Merger Agreement by Target Board and Approval of Offer by Target Shareholders. The Board of Axis Auto Finance unanimously determined that the proposed transaction is in the best interests of the Axis Auto Finance Inc. and is fair to the Axis Auto Finance's securityholders. The transaction will require the approval of two-thirds of votes cast by shareholders of the Axis Auto Finance at a meeting scheduled for November 29, 2024. As of November 29, 2024, target shareholders approved the transaction with Fionic. The transaction is expected to close in the quarter ending December 31, 2024. Evans & Evans, Inc. acted as Fairness opinion provider for the Special Committee and Board of Directors of Axis Auto Finance Inc. Fionic Canada Ltd. completed the acquisition of Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS) on May 15, 2024. The purchase price for the assets was approximately $78 million, after taking into account adjustments for changes in the composition of the auto loans assets and fair market value of inventory since December 31, 2023.공고 • Dec 07Axis Auto Finance Inc. announced that it expects to receive CAD 17.55 million in fundingAxis Auto Finance Inc. announced a private placement that it will issue 7.50% Extendible Convertible Unsecured Subordinated Debentures for the principal amount of CAD 17,550,000 on December 6, 2024. The redemption taking place on the Redemption Date is conditional on the sale of the auto loan assets and undertaking of the Corporation pursuant to the asset purchase agreement entered into between the Corporation and Fionic Canada Ltd. Provided that the redemption occurs on the Redemption Date, the amount of the First Redemption Payment will be CAD 11,147,906.25.Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: CA$0.015 (vs CA$0.019 loss in 1Q 2024)First quarter 2025 results: EPS: CA$0.015 (up from CA$0.019 loss in 1Q 2024). Net income: CA$1.83m (up CA$4.15m from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 15 percentage points per year, which is a significant difference in performance.공고 • Oct 18Axis Auto Finance Inc., Annual General Meeting, Nov 29, 2024Axis Auto Finance Inc., Annual General Meeting, Nov 29, 2024.Reported Earnings • Sep 29Full year 2024 earnings released: CA$0.19 loss per share (vs CA$0.21 loss in FY 2023)Full year 2024 results: CA$0.19 loss per share (improved from CA$0.21 loss in FY 2023). Net loss: CA$23.2m (loss narrowed 12% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.Reported Earnings • May 16Third quarter 2024 earnings released: CA$0.017 loss per share (vs CA$0.039 loss in 3Q 2023)Third quarter 2024 results: CA$0.017 loss per share (improved from CA$0.039 loss in 3Q 2023). Net loss: CA$2.08m (loss narrowed 56% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.더 많은 업데이트 보기Recent updates공고 • Dec 13Fionic Canada Ltd. completed the acquisition of Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS).Fionic Canada Ltd. signed a letter of intent to acquire Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS) on May 15, 2024. As of October 21, 2024, Fionic Canada Ltd. entered into an asset purchase agreement to acquire Auto Finance Business and Certain Assets of Axis Auto Finance Inc. for a base purchase price of approximately CAD 114 million, subject to adjustments for changes in the composition of the auto loans assets and fair market value of inventory since December 31, 2023. The deal is subject for approval of Merger Agreement by Target Board and Approval of Offer by Target Shareholders. The Board of Axis Auto Finance unanimously determined that the proposed transaction is in the best interests of the Axis Auto Finance Inc. and is fair to the Axis Auto Finance's securityholders. The transaction will require the approval of two-thirds of votes cast by shareholders of the Axis Auto Finance at a meeting scheduled for November 29, 2024. As of November 29, 2024, target shareholders approved the transaction with Fionic. The transaction is expected to close in the quarter ending December 31, 2024. Evans & Evans, Inc. acted as Fairness opinion provider for the Special Committee and Board of Directors of Axis Auto Finance Inc. Fionic Canada Ltd. completed the acquisition of Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS) on May 15, 2024. The purchase price for the assets was approximately $78 million, after taking into account adjustments for changes in the composition of the auto loans assets and fair market value of inventory since December 31, 2023.공고 • Dec 07Axis Auto Finance Inc. announced that it expects to receive CAD 17.55 million in fundingAxis Auto Finance Inc. announced a private placement that it will issue 7.50% Extendible Convertible Unsecured Subordinated Debentures for the principal amount of CAD 17,550,000 on December 6, 2024. The redemption taking place on the Redemption Date is conditional on the sale of the auto loan assets and undertaking of the Corporation pursuant to the asset purchase agreement entered into between the Corporation and Fionic Canada Ltd. Provided that the redemption occurs on the Redemption Date, the amount of the First Redemption Payment will be CAD 11,147,906.25.Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: CA$0.015 (vs CA$0.019 loss in 1Q 2024)First quarter 2025 results: EPS: CA$0.015 (up from CA$0.019 loss in 1Q 2024). Net income: CA$1.83m (up CA$4.15m from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 15 percentage points per year, which is a significant difference in performance.공고 • Oct 18Axis Auto Finance Inc., Annual General Meeting, Nov 29, 2024Axis Auto Finance Inc., Annual General Meeting, Nov 29, 2024.Reported Earnings • Sep 29Full year 2024 earnings released: CA$0.19 loss per share (vs CA$0.21 loss in FY 2023)Full year 2024 results: CA$0.19 loss per share (improved from CA$0.21 loss in FY 2023). Net loss: CA$23.2m (loss narrowed 12% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.Reported Earnings • May 16Third quarter 2024 earnings released: CA$0.017 loss per share (vs CA$0.039 loss in 3Q 2023)Third quarter 2024 results: CA$0.017 loss per share (improved from CA$0.039 loss in 3Q 2023). Net loss: CA$2.08m (loss narrowed 56% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Apr 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.1% to CA$0.065. The fair value is estimated to be CA$0.082, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Mar 25Now 33% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to CA$0.055. The fair value is estimated to be CA$0.082, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Feb 14Second quarter 2024 earnings released: CA$0.008 loss per share (vs CA$0.004 loss in 2Q 2023)Second quarter 2024 results: CA$0.008 loss per share (further deteriorated from CA$0.004 loss in 2Q 2023). Net loss: CA$970.2k (loss widened 107% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Feb 12Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to CA$0.065. The fair value is estimated to be CA$0.082, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jan 22Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to CA$0.06. The fair value is estimated to be CA$0.077, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Dec 27Now 35% undervalued after recent price dropOver the last 90 days, the stock is down 55%. The fair value is estimated to be CA$0.077, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.공고 • Dec 22Axis Auto Finance Inc. Appoints Arlene O'neill as DirectorAxis Auto Finance Inc. announced that at the AGM was held on December 21, 2023, the company approved the appointment of Arlene O'Neill as director.분석 기사 • Dec 15Shareholders May Be Wary Of Increasing Axis Auto Finance Inc.'s (TSE:AXIS) CEO Compensation PackageKey Insights Axis Auto Finance will host its Annual General Meeting on 21st of December Salary of CA$375.0k is part of...Buying Opportunity • Dec 12Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 40%. The fair value is estimated to be CA$0.077, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 17First quarter 2024 earnings released: CA$0.019 loss per share (vs CA$0.007 loss in 1Q 2023)First quarter 2024 results: CA$0.019 loss per share (further deteriorated from CA$0.007 loss in 1Q 2023). Net loss: CA$2.33m (loss widened 156% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Buying Opportunity • Nov 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 63%. The fair value is estimated to be CA$0.077, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Meanwhile, the company became loss making.공고 • Sep 17Axis Auto Finance Inc. Reports Impairment Charges for the Fourth Quarter Ended June 30, 2023Axis Auto Finance Inc. reported impairment charges for the fourth quarter ended June 30, 2023. For the quarter, the company reported goodwill impairment expense of $17,810,702. The company incurred a non-cash, goodwill impairment expense related to its automotive cash generating unit (“CGU”), as compared to nil in the comparable quarter of prior year.공고 • Sep 12Axis Auto Finance Inc. announced that it has received CAD 2.67 million in fundingAxis Auto Finance Inc. announced a private placement of non-convertible debentures for proceeds of CAD 2.67 million on September 11, 2023. The debentures mature on September 30, 2025 and carry an annual interest rate of 12%, accrued and payable quarterly in arrears on each March 31, June 30, September 30 and December 31, in cash. Subject to certain conditions, the company will have the right to prepay any or part of the debentures at any time prior to the maturity date by paying the principal amount and accrued and unpaid interest. The principal amount of the debentures is not convertible into common shares or any other securities of the company. The company also issued an aggregate of 12,015,000 common share purchase warrants, each of which entitles the holder thereof to purchase one common share of the company at an exercise price of CAD 0.16 per share for a period of three years from the date of issuance. The debentures, warrants and warrant shares are subject to a four-month statutory hold period commencing on the date of their issuance. As part of the transaction, an aggregate of CAD 600,000 principal amount of the debentures and 2,700,000 Warrants were purchased by officers and directors of the company.New Risk • Aug 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risk Market cap is less than US$100m (CA$18.1m market cap, or US$13.4m).Reported Earnings • May 14Third quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.002 profit in 3Q 2022)Third quarter 2023 results: CA$0.039 loss per share (down from CA$0.002 profit in 3Q 2022). Net loss: CA$4.71m (down CA$5.01m from profit in 3Q 2022). Revenue is forecast to grow 77% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Consumer Finance industry in Canada. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Price Target Changed • Feb 16Price target decreased by 9.7% to CA$0.70Down from CA$0.78, the current price target is an average from 2 analysts. New target price is 56% above last closing price of CA$0.45. Stock is down 27% over the past year. The company is forecast to post a net loss per share of CA$0.002 compared to earnings per share of CA$0.012 last year.Reported Earnings • Feb 15Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: CA$0.004 loss per share (down from CA$0.002 profit in 2Q 2022). Revenue: CA$4.25m (down 16% from 2Q 2022). Net loss: CA$467.9k (down 306% from profit in 2Q 2022). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 100%. Revenue is forecast to grow 63% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Consumer Finance industry in Canada. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공고 • Jan 27Axis Auto Finance Inc. (TSX : AXIS) entered into an agreement to acquire portfolio of auto loans from an Ontario based competitor.Axis Auto Finance Inc. (TSX : AXIS) entered into an agreement to acquire portfolio of auto loans from an Ontario based competitor on January 26, 2023. The CAD 17.2 million in principal balances represent approximately 1,100 loan contracts. Funded through cash on closing and a holdback to be released over 36 months subject to portfolio performance. The transaction is scheduled to close on January 31, 2023.Reported Earnings • Nov 17First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: CA$0.007 loss per share (down from CA$0.007 profit in 1Q 2022). Revenue: CA$3.64m (down 32% from 1Q 2022). Net loss: CA$908.3k (down 240% from profit in 1Q 2022). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Consumer Finance industry in Canada. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 16Consensus EPS estimates fall by 84%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from CA$50.8m to CA$48.0m. EPS estimate also fell from CA$0.06 per share to CA$0.01 per share. Net income forecast to shrink 22% next year vs 8.2% decline forecast for Consumer Finance industry in Canada. Consensus price target of CA$0.78 unchanged from last update. Share price was steady at CA$0.51 over the past week.공고 • Oct 18Axis Auto Finance Inc., Annual General Meeting, Dec 15, 2022Axis Auto Finance Inc., Annual General Meeting, Dec 15, 2022.Major Estimate Revision • Sep 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from CA$53.4m to CA$50.8m. EPS estimate also fell from CA$0.07 per share to CA$0.06 per share. Net income forecast to grow 418% next year vs 9.2% decline forecast for Consumer Finance industry in Canada. Consensus price target up from CA$0.80 to CA$0.82. Share price was steady at CA$0.52 over the past week.Reported Earnings • Sep 15Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: CA$0.013 (down from CA$0.024 in FY 2021). Revenue: CA$20.7m (up 9.8% from FY 2021). Net income: CA$1.48m (down 36% from FY 2021). Profit margin: 7.2% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • May 16Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CA$41.4m to CA$40.8m. EPS estimate also fell from CA$0.02 per share to CA$0.02 per share. Net income forecast to grow 221% next year vs 14% decline forecast for Consumer Finance industry in Canada. Consensus price target of CA$0.97 unchanged from last update. Share price was steady at CA$0.70 over the past week.Reported Earnings • May 10Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CA$0.002 (down from CA$0.006 in 3Q 2021). Revenue: CA$4.98m (up 7.9% from 3Q 2021). Net income: CA$293.4k (down 51% from 3Q 2021). Profit margin: 5.9% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 67%. Over the next year, revenue is forecast to grow 143%, compared to a 77% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to CA$0.97Up from CA$0.70, the current price target is an average from 2 analysts. New target price is 35% above last closing price of CA$0.72. Stock is up 140% over the past year. The company is forecast to post earnings per share of CA$0.024 for next year compared to CA$0.024 last year.공고 • Apr 20Axis Auto Finance Inc. Announces the Appointment of Ian Anderson, President of Westlake Financial, to the Board of DirectorsAxis Auto Finance Inc. announced the appointment of Ian Anderson, President of Westlake Financial, to the Board of Directors. NowLake has invested CAD 15 million into Axis’ common shares in November 2021 and owns approximately 24% of the Company. Investment proceeds are being used to develop and roll out digital loan origination channels as well as general corporate purposes. Ian Anderson joined Westlake in 2005 as Director of Risk Management and was appointed Group President in 2008. His primary focus is the development and execution of business strategy for Westlake Financial and its six subsidiaries with emphasis on improving shareholder value and promoting the use of technology. Under his stewardship, Westlake’s portfolio grew from $400 million in 2008 to over $15 billion currently, while maintaining above a 30% Return on Equity. Prior to joining Westlake, Mr. Anderson held positions at Bayview Acceptance, Wells Fargo and Triad Financial. He holds a bachelor’s degree in Economics from the University of California and is a recipient of multiple industry awards.분석 기사 • Apr 14What You Can Learn From Axis Auto Finance Inc.'s (TSE:AXIS) P/EWhen close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 12x, you may consider Axis...공고 • Apr 07Axis Auto Finance Inc.(TSXV:AXIS) dropped from S&P/TSX Venture Composite IndexAxis Auto Finance Inc.(TSXV:AXIS) dropped from S&P/TSX Venture Composite Index공고 • Apr 01Axis Auto Finance Inc. Announces Executive ChangesAxis Auto Finance Inc. announced the appointment of Jim Nikopoulos to the Board of Directors. Mr. Nikopoulos will replace Gerry Thom who has retired from the Board. Mr. Nikopoulos is an entrepreneur and business executive focused on the finance, technology, consumer and healthcare sectors. Jim is the Founder and CEO of MJ Holdings Corp., an investment company that has made numerous investments in early-stage companies across various industries. He was the Founder & CEO of Core Data Centers Inc., a data center and connectivity services company, prior to a sales exit transaction. Mr. Nikopoulos was previously the President of ECN Capital Corp. Jim co-led the transformation of ECN from a tradition finance company to an asset manager with over $31 billion assets.Major Estimate Revision • Feb 22Consensus EPS estimates fall by 36%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CA$43.3m to CA$41.6m. EPS estimate also fell from CA$0.04 per share to CA$0.03 per share. Net income forecast to grow 193% next year vs 14% decline forecast for Consumer Finance industry in Canada. Consensus price target of CA$0.80 unchanged from last update. Share price was steady at CA$0.64 over the past week.Reported Earnings • Feb 16Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: CA$0.002 (down from CA$0.004 in 2Q 2021). Revenue: CA$5.08m (up 18% from 2Q 2021). Net income: CA$227.4k (down 44% from 2Q 2021). Profit margin: 4.5% (down from 9.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 78%. Over the next year, revenue is forecast to grow 139%, compared to a 80% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Dec 01Independent Director recently bought CA$305k worth of stockOn the 26th of November, Wes Neichenbauer bought around 609k shares on-market at roughly CA$0.50 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$1.1m more in shares than they have sold in the last 12 months.Reported Earnings • Nov 25First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CA$0.007 (down from CA$0.008 in 1Q 2021). Revenue: CA$5.33m (up 10% from 1Q 2021). Net income: CA$650.7k (down 17% from 1Q 2021). Profit margin: 12% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 46%. Earnings per share (EPS) missed analyst estimates by 46%. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 16Full year 2021 earnings released: EPS CA$0.024 (vs CA$0.007 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: CA$18.9m (up 21% from FY 2020). Net income: CA$2.32m (up CA$3.00m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Jul 10Independent Chairman of the Board recently bought CA$59k worth of stockOn the 7th of July, Paul Stoyan bought around 123k shares on-market at roughly CA$0.48 per share. This was the largest purchase by an insider in the last 3 months. Paul has been a buyer over the last 12 months, purchasing a net total of CA$65k worth in shares.Major Estimate Revision • Jun 02Consensus EPS estimates fall to CA$0.03The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from CA$39.6m to CA$38.0m. EPS estimate also fell from CA$0.043 to CA$0.03. Net income forecast to grow 91% next year vs 6.4% growth forecast for Consumer Finance industry in Canada. Consensus price target down from CA$0.65 to CA$0.60. Share price fell 5.3% to CA$0.27 over the past week.Reported Earnings • May 29Third quarter 2021 earnings released: EPS CA$0.006 (vs CA$0.007 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$4.61m (up 48% from 3Q 2020). Net income: CA$596.2k (up CA$1.29m from 3Q 2020). Profit margin: 13% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Mar 04New 90-day low: CA$0.29The company is down 11% from its price of CA$0.33 on 03 December 2020. The Canadian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 40% over the same period.Major Estimate Revision • Mar 03Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate was lowered from CA$0.05 to CA$0.043. Revenue estimate was approximately flat at CA$39.6m. Net income is expected to grow by 274% next year compared to 20% growth forecast for the Consumer Finance industry in Canada. The consensus price target of CA$0.65 was unchanged from the last update. Share price is up 1.6% to CA$0.33 over the past week.Reported Earnings • Feb 27Second quarter 2021 earnings released: EPS CA$0.004 (vs CA$0.005 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$4.31m (up 13% from 2Q 2020). Net income: CA$407.5k (up CA$870.5k from 2Q 2020). Profit margin: 9.5% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 64%. Over the next year, revenue is forecast to grow 148%, compared to a 40% growth forecast for the Consumer Finance industry in Canada.분석 기사 • Dec 31What Did Axis Auto Finance's (CVE:AXIS) CEO Take Home Last Year?Todd Hudson has been the CEO of Axis Auto Finance Inc. ( CVE:AXIS ) since 2018, and this article will examine the...Reported Earnings • Dec 02First quarter 2021 earnings released: EPS CA$0.008The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$4.83m (up 21% from 1Q 2020). Net income: CA$787.3k (up CA$1.32m from 1Q 2020). Profit margin: 16% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Dec 02Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 14%.Recent Insider Transactions • Nov 06CEO & Director recently bought CA$54k worth of stockOn the 3rd of November, Todd Hudson bought around 143k shares on-market at roughly CA$0.38 per share. In the last 3 months, they made an even bigger purchase worth CA$97k. Todd has been a buyer over the last 12 months, purchasing a net total of CA$436k worth in shares.Is New 90 Day High Low • Nov 04New 90-day low: CA$0.33The company is down 17% from its price of CA$0.40 on 06 August 2020. The Canadian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 22% over the same period.공고 • Oct 10Axis Auto Finance Inc. Appoints Lesley Gallinger to Board of DirectorsLesley Gallinger appointed to the Axis Auto Finance Inc. Board of Directors. Lesley Gallinger is the President and CEO of Elexicon Energy ("Elexicon"). Based in Ajax, Elexicon is the 4th largest municipally owned Local Distribution Company in Ontario. Elexicon services 170,000 electricity customers in Pickering, Ajax, Whitby, Clarington, Belleville, Gravenhurst and surrounding communities. Prior to joining Elexicon in 2019, Ms. Gallinger was the Chief Strategy and Financial Officer for the Electrical Safety Authority. Earlier in her career, Ms. Gallinger served as CFO in other energy and pharmaceutical organizations. She is active in the industry and currently serves as a Director and Committee Chair for several energy organizations.Reported Earnings • Oct 03Full year earnings released - CA$0.007 loss per shareOver the last 12 months the company has reported total losses of CA$674.9k, with losses narrowing by 83% from the prior year. Total revenue was CA$15.6m over the last 12 months, up 9.4% from the prior year.공고 • Sep 19Axis Auto Finance Inc. Announces Resignation of Jordan Zinberg from It's Board of DirectorsAxis Auto Finance Inc. announced that Jordan Zinberg has resigned from it's Board of Directors. The Company is expecting to announce a replacement in the near future.Recent Insider Transactions • Sep 18CEO & Director recently bought CA$97k worth of stockOn the 15th of September, Todd Hudson bought around 243k shares on-market at roughly CA$0.40 per share. This was the largest purchase by an insider in the last 3 months. Todd has been a buyer over the last 12 months, purchasing a net total of CA$499k worth in shares.주주 수익률AXISCA Consumer FinanceCA 시장7D0%-3.7%0.6%1Y-92.3%-51.4%28.2%전체 주주 수익률 보기수익률 대 산업: AXIS은 지난 1년 동안 -51.4%의 수익을 기록한 Canadian Consumer Finance 산업보다 저조한 성과를 냈습니다.수익률 대 시장: AXIS은 지난 1년 동안 28.2%를 기록한 Canadian 시장보다 저조한 성과를 냈습니다.주가 변동성Is AXIS's price volatile compared to industry and market?AXIS volatilityAXIS Average Weekly Movementn/aConsumer Finance Industry Average Movement7.3%Market Average Movement9.4%10% most volatile stocks in CA Market16.5%10% least volatile stocks in CA Market3.7%안정적인 주가: AXIS의 주가는 지난 3개월 동안 Canadian 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine AXIS의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트n/an/aTodd Hudsonwww.axisautofinance.com는 금융 기술 대출 기관으로, 소비자에게 대체 중고차 금융을 제공합니다. 이 회사는 두 가지 부문으로 운영됩니다: 자동차 대출과 장비 파이낸싱입니다. 자동차 대출 부문은 고객이 자동차 구매 자금을 조달할 수 있도록 대출 및 리스 보조금을 발행하고 서비스합니다.더 보기Axis Auto Finance Inc. 기초 지표 요약Axis Auto Finance의 순이익과 매출은 시가총액과 어떻게 비교됩니까?AXIS 기초 통계시가총액CA$606.87k순이익 (TTM)-CA$19.01m매출 (TTM)CA$5.14m0.1x주가매출비율(P/S)0.0x주가수익비율(P/E)AXIS는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표AXIS 손익계산서 (TTM)매출CA$5.14m매출원가CA$258.93k총이익CA$4.88m기타 비용CA$23.88m순이익-CA$19.01m최근 보고된 실적Sep 30, 2024다음 실적 발표일해당 없음주당순이익(EPS)-0.16총이익률94.96%순이익률-370.00%부채/자본 비율2,860.7%AXIS의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/01/30 22:25종가2024/11/25 00:00수익2024/09/30연간 수익2024/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Axis Auto Finance Inc.는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Scott ChanCanaccord GenuityCorey HammillParadigm Capital, Inc.Robert GibsonVentum Financial Corp
공고 • Dec 13Fionic Canada Ltd. completed the acquisition of Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS).Fionic Canada Ltd. signed a letter of intent to acquire Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS) on May 15, 2024. As of October 21, 2024, Fionic Canada Ltd. entered into an asset purchase agreement to acquire Auto Finance Business and Certain Assets of Axis Auto Finance Inc. for a base purchase price of approximately CAD 114 million, subject to adjustments for changes in the composition of the auto loans assets and fair market value of inventory since December 31, 2023. The deal is subject for approval of Merger Agreement by Target Board and Approval of Offer by Target Shareholders. The Board of Axis Auto Finance unanimously determined that the proposed transaction is in the best interests of the Axis Auto Finance Inc. and is fair to the Axis Auto Finance's securityholders. The transaction will require the approval of two-thirds of votes cast by shareholders of the Axis Auto Finance at a meeting scheduled for November 29, 2024. As of November 29, 2024, target shareholders approved the transaction with Fionic. The transaction is expected to close in the quarter ending December 31, 2024. Evans & Evans, Inc. acted as Fairness opinion provider for the Special Committee and Board of Directors of Axis Auto Finance Inc. Fionic Canada Ltd. completed the acquisition of Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS) on May 15, 2024. The purchase price for the assets was approximately $78 million, after taking into account adjustments for changes in the composition of the auto loans assets and fair market value of inventory since December 31, 2023.
공고 • Dec 07Axis Auto Finance Inc. announced that it expects to receive CAD 17.55 million in fundingAxis Auto Finance Inc. announced a private placement that it will issue 7.50% Extendible Convertible Unsecured Subordinated Debentures for the principal amount of CAD 17,550,000 on December 6, 2024. The redemption taking place on the Redemption Date is conditional on the sale of the auto loan assets and undertaking of the Corporation pursuant to the asset purchase agreement entered into between the Corporation and Fionic Canada Ltd. Provided that the redemption occurs on the Redemption Date, the amount of the First Redemption Payment will be CAD 11,147,906.25.
Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: CA$0.015 (vs CA$0.019 loss in 1Q 2024)First quarter 2025 results: EPS: CA$0.015 (up from CA$0.019 loss in 1Q 2024). Net income: CA$1.83m (up CA$4.15m from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 15 percentage points per year, which is a significant difference in performance.
공고 • Oct 18Axis Auto Finance Inc., Annual General Meeting, Nov 29, 2024Axis Auto Finance Inc., Annual General Meeting, Nov 29, 2024.
Reported Earnings • Sep 29Full year 2024 earnings released: CA$0.19 loss per share (vs CA$0.21 loss in FY 2023)Full year 2024 results: CA$0.19 loss per share (improved from CA$0.21 loss in FY 2023). Net loss: CA$23.2m (loss narrowed 12% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16Third quarter 2024 earnings released: CA$0.017 loss per share (vs CA$0.039 loss in 3Q 2023)Third quarter 2024 results: CA$0.017 loss per share (improved from CA$0.039 loss in 3Q 2023). Net loss: CA$2.08m (loss narrowed 56% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
공고 • Dec 13Fionic Canada Ltd. completed the acquisition of Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS).Fionic Canada Ltd. signed a letter of intent to acquire Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS) on May 15, 2024. As of October 21, 2024, Fionic Canada Ltd. entered into an asset purchase agreement to acquire Auto Finance Business and Certain Assets of Axis Auto Finance Inc. for a base purchase price of approximately CAD 114 million, subject to adjustments for changes in the composition of the auto loans assets and fair market value of inventory since December 31, 2023. The deal is subject for approval of Merger Agreement by Target Board and Approval of Offer by Target Shareholders. The Board of Axis Auto Finance unanimously determined that the proposed transaction is in the best interests of the Axis Auto Finance Inc. and is fair to the Axis Auto Finance's securityholders. The transaction will require the approval of two-thirds of votes cast by shareholders of the Axis Auto Finance at a meeting scheduled for November 29, 2024. As of November 29, 2024, target shareholders approved the transaction with Fionic. The transaction is expected to close in the quarter ending December 31, 2024. Evans & Evans, Inc. acted as Fairness opinion provider for the Special Committee and Board of Directors of Axis Auto Finance Inc. Fionic Canada Ltd. completed the acquisition of Auto Finance Business and Certain Assets of Axis Auto Finance Inc. (TSX:AXIS) on May 15, 2024. The purchase price for the assets was approximately $78 million, after taking into account adjustments for changes in the composition of the auto loans assets and fair market value of inventory since December 31, 2023.
공고 • Dec 07Axis Auto Finance Inc. announced that it expects to receive CAD 17.55 million in fundingAxis Auto Finance Inc. announced a private placement that it will issue 7.50% Extendible Convertible Unsecured Subordinated Debentures for the principal amount of CAD 17,550,000 on December 6, 2024. The redemption taking place on the Redemption Date is conditional on the sale of the auto loan assets and undertaking of the Corporation pursuant to the asset purchase agreement entered into between the Corporation and Fionic Canada Ltd. Provided that the redemption occurs on the Redemption Date, the amount of the First Redemption Payment will be CAD 11,147,906.25.
Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: CA$0.015 (vs CA$0.019 loss in 1Q 2024)First quarter 2025 results: EPS: CA$0.015 (up from CA$0.019 loss in 1Q 2024). Net income: CA$1.83m (up CA$4.15m from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 15 percentage points per year, which is a significant difference in performance.
공고 • Oct 18Axis Auto Finance Inc., Annual General Meeting, Nov 29, 2024Axis Auto Finance Inc., Annual General Meeting, Nov 29, 2024.
Reported Earnings • Sep 29Full year 2024 earnings released: CA$0.19 loss per share (vs CA$0.21 loss in FY 2023)Full year 2024 results: CA$0.19 loss per share (improved from CA$0.21 loss in FY 2023). Net loss: CA$23.2m (loss narrowed 12% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16Third quarter 2024 earnings released: CA$0.017 loss per share (vs CA$0.039 loss in 3Q 2023)Third quarter 2024 results: CA$0.017 loss per share (improved from CA$0.039 loss in 3Q 2023). Net loss: CA$2.08m (loss narrowed 56% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Apr 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.1% to CA$0.065. The fair value is estimated to be CA$0.082, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Mar 25Now 33% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to CA$0.055. The fair value is estimated to be CA$0.082, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Feb 14Second quarter 2024 earnings released: CA$0.008 loss per share (vs CA$0.004 loss in 2Q 2023)Second quarter 2024 results: CA$0.008 loss per share (further deteriorated from CA$0.004 loss in 2Q 2023). Net loss: CA$970.2k (loss widened 107% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Feb 12Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to CA$0.065. The fair value is estimated to be CA$0.082, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jan 22Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to CA$0.06. The fair value is estimated to be CA$0.077, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Dec 27Now 35% undervalued after recent price dropOver the last 90 days, the stock is down 55%. The fair value is estimated to be CA$0.077, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.
공고 • Dec 22Axis Auto Finance Inc. Appoints Arlene O'neill as DirectorAxis Auto Finance Inc. announced that at the AGM was held on December 21, 2023, the company approved the appointment of Arlene O'Neill as director.
분석 기사 • Dec 15Shareholders May Be Wary Of Increasing Axis Auto Finance Inc.'s (TSE:AXIS) CEO Compensation PackageKey Insights Axis Auto Finance will host its Annual General Meeting on 21st of December Salary of CA$375.0k is part of...
Buying Opportunity • Dec 12Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 40%. The fair value is estimated to be CA$0.077, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 17First quarter 2024 earnings released: CA$0.019 loss per share (vs CA$0.007 loss in 1Q 2023)First quarter 2024 results: CA$0.019 loss per share (further deteriorated from CA$0.007 loss in 1Q 2023). Net loss: CA$2.33m (loss widened 156% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Nov 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 63%. The fair value is estimated to be CA$0.077, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Meanwhile, the company became loss making.
공고 • Sep 17Axis Auto Finance Inc. Reports Impairment Charges for the Fourth Quarter Ended June 30, 2023Axis Auto Finance Inc. reported impairment charges for the fourth quarter ended June 30, 2023. For the quarter, the company reported goodwill impairment expense of $17,810,702. The company incurred a non-cash, goodwill impairment expense related to its automotive cash generating unit (“CGU”), as compared to nil in the comparable quarter of prior year.
공고 • Sep 12Axis Auto Finance Inc. announced that it has received CAD 2.67 million in fundingAxis Auto Finance Inc. announced a private placement of non-convertible debentures for proceeds of CAD 2.67 million on September 11, 2023. The debentures mature on September 30, 2025 and carry an annual interest rate of 12%, accrued and payable quarterly in arrears on each March 31, June 30, September 30 and December 31, in cash. Subject to certain conditions, the company will have the right to prepay any or part of the debentures at any time prior to the maturity date by paying the principal amount and accrued and unpaid interest. The principal amount of the debentures is not convertible into common shares or any other securities of the company. The company also issued an aggregate of 12,015,000 common share purchase warrants, each of which entitles the holder thereof to purchase one common share of the company at an exercise price of CAD 0.16 per share for a period of three years from the date of issuance. The debentures, warrants and warrant shares are subject to a four-month statutory hold period commencing on the date of their issuance. As part of the transaction, an aggregate of CAD 600,000 principal amount of the debentures and 2,700,000 Warrants were purchased by officers and directors of the company.
New Risk • Aug 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risk Market cap is less than US$100m (CA$18.1m market cap, or US$13.4m).
Reported Earnings • May 14Third quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.002 profit in 3Q 2022)Third quarter 2023 results: CA$0.039 loss per share (down from CA$0.002 profit in 3Q 2022). Net loss: CA$4.71m (down CA$5.01m from profit in 3Q 2022). Revenue is forecast to grow 77% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Consumer Finance industry in Canada. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Price Target Changed • Feb 16Price target decreased by 9.7% to CA$0.70Down from CA$0.78, the current price target is an average from 2 analysts. New target price is 56% above last closing price of CA$0.45. Stock is down 27% over the past year. The company is forecast to post a net loss per share of CA$0.002 compared to earnings per share of CA$0.012 last year.
Reported Earnings • Feb 15Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: CA$0.004 loss per share (down from CA$0.002 profit in 2Q 2022). Revenue: CA$4.25m (down 16% from 2Q 2022). Net loss: CA$467.9k (down 306% from profit in 2Q 2022). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 100%. Revenue is forecast to grow 63% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Consumer Finance industry in Canada. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공고 • Jan 27Axis Auto Finance Inc. (TSX : AXIS) entered into an agreement to acquire portfolio of auto loans from an Ontario based competitor.Axis Auto Finance Inc. (TSX : AXIS) entered into an agreement to acquire portfolio of auto loans from an Ontario based competitor on January 26, 2023. The CAD 17.2 million in principal balances represent approximately 1,100 loan contracts. Funded through cash on closing and a holdback to be released over 36 months subject to portfolio performance. The transaction is scheduled to close on January 31, 2023.
Reported Earnings • Nov 17First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: CA$0.007 loss per share (down from CA$0.007 profit in 1Q 2022). Revenue: CA$3.64m (down 32% from 1Q 2022). Net loss: CA$908.3k (down 240% from profit in 1Q 2022). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Consumer Finance industry in Canada. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 16Consensus EPS estimates fall by 84%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from CA$50.8m to CA$48.0m. EPS estimate also fell from CA$0.06 per share to CA$0.01 per share. Net income forecast to shrink 22% next year vs 8.2% decline forecast for Consumer Finance industry in Canada. Consensus price target of CA$0.78 unchanged from last update. Share price was steady at CA$0.51 over the past week.
공고 • Oct 18Axis Auto Finance Inc., Annual General Meeting, Dec 15, 2022Axis Auto Finance Inc., Annual General Meeting, Dec 15, 2022.
Major Estimate Revision • Sep 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from CA$53.4m to CA$50.8m. EPS estimate also fell from CA$0.07 per share to CA$0.06 per share. Net income forecast to grow 418% next year vs 9.2% decline forecast for Consumer Finance industry in Canada. Consensus price target up from CA$0.80 to CA$0.82. Share price was steady at CA$0.52 over the past week.
Reported Earnings • Sep 15Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: CA$0.013 (down from CA$0.024 in FY 2021). Revenue: CA$20.7m (up 9.8% from FY 2021). Net income: CA$1.48m (down 36% from FY 2021). Profit margin: 7.2% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • May 16Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CA$41.4m to CA$40.8m. EPS estimate also fell from CA$0.02 per share to CA$0.02 per share. Net income forecast to grow 221% next year vs 14% decline forecast for Consumer Finance industry in Canada. Consensus price target of CA$0.97 unchanged from last update. Share price was steady at CA$0.70 over the past week.
Reported Earnings • May 10Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CA$0.002 (down from CA$0.006 in 3Q 2021). Revenue: CA$4.98m (up 7.9% from 3Q 2021). Net income: CA$293.4k (down 51% from 3Q 2021). Profit margin: 5.9% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 67%. Over the next year, revenue is forecast to grow 143%, compared to a 77% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to CA$0.97Up from CA$0.70, the current price target is an average from 2 analysts. New target price is 35% above last closing price of CA$0.72. Stock is up 140% over the past year. The company is forecast to post earnings per share of CA$0.024 for next year compared to CA$0.024 last year.
공고 • Apr 20Axis Auto Finance Inc. Announces the Appointment of Ian Anderson, President of Westlake Financial, to the Board of DirectorsAxis Auto Finance Inc. announced the appointment of Ian Anderson, President of Westlake Financial, to the Board of Directors. NowLake has invested CAD 15 million into Axis’ common shares in November 2021 and owns approximately 24% of the Company. Investment proceeds are being used to develop and roll out digital loan origination channels as well as general corporate purposes. Ian Anderson joined Westlake in 2005 as Director of Risk Management and was appointed Group President in 2008. His primary focus is the development and execution of business strategy for Westlake Financial and its six subsidiaries with emphasis on improving shareholder value and promoting the use of technology. Under his stewardship, Westlake’s portfolio grew from $400 million in 2008 to over $15 billion currently, while maintaining above a 30% Return on Equity. Prior to joining Westlake, Mr. Anderson held positions at Bayview Acceptance, Wells Fargo and Triad Financial. He holds a bachelor’s degree in Economics from the University of California and is a recipient of multiple industry awards.
분석 기사 • Apr 14What You Can Learn From Axis Auto Finance Inc.'s (TSE:AXIS) P/EWhen close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 12x, you may consider Axis...
공고 • Apr 07Axis Auto Finance Inc.(TSXV:AXIS) dropped from S&P/TSX Venture Composite IndexAxis Auto Finance Inc.(TSXV:AXIS) dropped from S&P/TSX Venture Composite Index
공고 • Apr 01Axis Auto Finance Inc. Announces Executive ChangesAxis Auto Finance Inc. announced the appointment of Jim Nikopoulos to the Board of Directors. Mr. Nikopoulos will replace Gerry Thom who has retired from the Board. Mr. Nikopoulos is an entrepreneur and business executive focused on the finance, technology, consumer and healthcare sectors. Jim is the Founder and CEO of MJ Holdings Corp., an investment company that has made numerous investments in early-stage companies across various industries. He was the Founder & CEO of Core Data Centers Inc., a data center and connectivity services company, prior to a sales exit transaction. Mr. Nikopoulos was previously the President of ECN Capital Corp. Jim co-led the transformation of ECN from a tradition finance company to an asset manager with over $31 billion assets.
Major Estimate Revision • Feb 22Consensus EPS estimates fall by 36%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CA$43.3m to CA$41.6m. EPS estimate also fell from CA$0.04 per share to CA$0.03 per share. Net income forecast to grow 193% next year vs 14% decline forecast for Consumer Finance industry in Canada. Consensus price target of CA$0.80 unchanged from last update. Share price was steady at CA$0.64 over the past week.
Reported Earnings • Feb 16Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: CA$0.002 (down from CA$0.004 in 2Q 2021). Revenue: CA$5.08m (up 18% from 2Q 2021). Net income: CA$227.4k (down 44% from 2Q 2021). Profit margin: 4.5% (down from 9.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 78%. Over the next year, revenue is forecast to grow 139%, compared to a 80% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Dec 01Independent Director recently bought CA$305k worth of stockOn the 26th of November, Wes Neichenbauer bought around 609k shares on-market at roughly CA$0.50 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$1.1m more in shares than they have sold in the last 12 months.
Reported Earnings • Nov 25First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CA$0.007 (down from CA$0.008 in 1Q 2021). Revenue: CA$5.33m (up 10% from 1Q 2021). Net income: CA$650.7k (down 17% from 1Q 2021). Profit margin: 12% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 46%. Earnings per share (EPS) missed analyst estimates by 46%. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 16Full year 2021 earnings released: EPS CA$0.024 (vs CA$0.007 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: CA$18.9m (up 21% from FY 2020). Net income: CA$2.32m (up CA$3.00m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Jul 10Independent Chairman of the Board recently bought CA$59k worth of stockOn the 7th of July, Paul Stoyan bought around 123k shares on-market at roughly CA$0.48 per share. This was the largest purchase by an insider in the last 3 months. Paul has been a buyer over the last 12 months, purchasing a net total of CA$65k worth in shares.
Major Estimate Revision • Jun 02Consensus EPS estimates fall to CA$0.03The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from CA$39.6m to CA$38.0m. EPS estimate also fell from CA$0.043 to CA$0.03. Net income forecast to grow 91% next year vs 6.4% growth forecast for Consumer Finance industry in Canada. Consensus price target down from CA$0.65 to CA$0.60. Share price fell 5.3% to CA$0.27 over the past week.
Reported Earnings • May 29Third quarter 2021 earnings released: EPS CA$0.006 (vs CA$0.007 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$4.61m (up 48% from 3Q 2020). Net income: CA$596.2k (up CA$1.29m from 3Q 2020). Profit margin: 13% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Mar 04New 90-day low: CA$0.29The company is down 11% from its price of CA$0.33 on 03 December 2020. The Canadian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 40% over the same period.
Major Estimate Revision • Mar 03Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate was lowered from CA$0.05 to CA$0.043. Revenue estimate was approximately flat at CA$39.6m. Net income is expected to grow by 274% next year compared to 20% growth forecast for the Consumer Finance industry in Canada. The consensus price target of CA$0.65 was unchanged from the last update. Share price is up 1.6% to CA$0.33 over the past week.
Reported Earnings • Feb 27Second quarter 2021 earnings released: EPS CA$0.004 (vs CA$0.005 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$4.31m (up 13% from 2Q 2020). Net income: CA$407.5k (up CA$870.5k from 2Q 2020). Profit margin: 9.5% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 64%. Over the next year, revenue is forecast to grow 148%, compared to a 40% growth forecast for the Consumer Finance industry in Canada.
분석 기사 • Dec 31What Did Axis Auto Finance's (CVE:AXIS) CEO Take Home Last Year?Todd Hudson has been the CEO of Axis Auto Finance Inc. ( CVE:AXIS ) since 2018, and this article will examine the...
Reported Earnings • Dec 02First quarter 2021 earnings released: EPS CA$0.008The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$4.83m (up 21% from 1Q 2020). Net income: CA$787.3k (up CA$1.32m from 1Q 2020). Profit margin: 16% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Dec 02Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 14%.
Recent Insider Transactions • Nov 06CEO & Director recently bought CA$54k worth of stockOn the 3rd of November, Todd Hudson bought around 143k shares on-market at roughly CA$0.38 per share. In the last 3 months, they made an even bigger purchase worth CA$97k. Todd has been a buyer over the last 12 months, purchasing a net total of CA$436k worth in shares.
Is New 90 Day High Low • Nov 04New 90-day low: CA$0.33The company is down 17% from its price of CA$0.40 on 06 August 2020. The Canadian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 22% over the same period.
공고 • Oct 10Axis Auto Finance Inc. Appoints Lesley Gallinger to Board of DirectorsLesley Gallinger appointed to the Axis Auto Finance Inc. Board of Directors. Lesley Gallinger is the President and CEO of Elexicon Energy ("Elexicon"). Based in Ajax, Elexicon is the 4th largest municipally owned Local Distribution Company in Ontario. Elexicon services 170,000 electricity customers in Pickering, Ajax, Whitby, Clarington, Belleville, Gravenhurst and surrounding communities. Prior to joining Elexicon in 2019, Ms. Gallinger was the Chief Strategy and Financial Officer for the Electrical Safety Authority. Earlier in her career, Ms. Gallinger served as CFO in other energy and pharmaceutical organizations. She is active in the industry and currently serves as a Director and Committee Chair for several energy organizations.
Reported Earnings • Oct 03Full year earnings released - CA$0.007 loss per shareOver the last 12 months the company has reported total losses of CA$674.9k, with losses narrowing by 83% from the prior year. Total revenue was CA$15.6m over the last 12 months, up 9.4% from the prior year.
공고 • Sep 19Axis Auto Finance Inc. Announces Resignation of Jordan Zinberg from It's Board of DirectorsAxis Auto Finance Inc. announced that Jordan Zinberg has resigned from it's Board of Directors. The Company is expecting to announce a replacement in the near future.
Recent Insider Transactions • Sep 18CEO & Director recently bought CA$97k worth of stockOn the 15th of September, Todd Hudson bought around 243k shares on-market at roughly CA$0.40 per share. This was the largest purchase by an insider in the last 3 months. Todd has been a buyer over the last 12 months, purchasing a net total of CA$499k worth in shares.
