Investor Presentaiton
Q1 2021 Results Continued
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U.S. Operations Results
Despite facing market headwinds, including inventory shortages and stringent pandemic related restrictions in the City of
Chicago, U.S. operations were buoyed by strong market demand and posted improved results compared to prior year.
Q1 2021 results include acquisition of Autohaus of Peoria on October 29, 2020.
New vehicle revenue increased by 33.0% and gross profit increased by $2.2 million. New vehicle gross profit percentage
increased to 4.3% compared to 0.4% in the prior year.
Used vehicle revenue increased by 33.7% and gross profit increased by 88.9%. Used vehicle gross profit percentage
increased to 5.9% compared to 4.2% in the prior year.
U.S. Operations Adjusted EBITDA ($M)
(5.5)
1.6
(0.2)
(1.1)
(3.0)
(3.5)
4.7
1.2
4.0
Q1 19 Q2 19 Q3 19 Q4 19 Q1 20
Q2 20 Q3 20 Q4 20 Q1 21
。 Adjusting for the forgiveness of $5.4 million of PPP loans received in Q2 2020,
normalized Q1 2021 Adjusted EBITDA decreases to $(1.4) million, an increase of
$1.6 million from prior year Adjusted EBITDA of $(3.0) million
AutoCanada
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