Investor Presentaiton
Q1 2021 Results Overview
Record First Quarter Results - AEBITDA of $47.2 Million, Outpaces Prior Year by 723%
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Revenue was highest first quarter revenue reported in Company's history
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Outperformed the Canadian new retail vehicle market for the ninth consecutive quarter
Canadian used to new retail unit ratio increased to 1.29 from 1.08 last year; TTM ratio
improved to 1.01 at Q1 2021
Financing completed in April 2021 - Activates dry powder of -$250 million
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Preserves 3-year tenor to Credit Facility; adds revolver capacity and flexibility
Add on Debenture issued at premium to par - 5.595%
S&P rating upgrade to Corporate B with Stable Outlook and Instrument rating to
single B
TTM AEBITDA of $111.5 million on a pre-IFRS 16 basis
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