Equifax, Inc. · NYSE:EFX
Equifax — Q3 2021 Earnings Presentation
9 slides from Equifax's earnings presentation, December 2021
Slide 1: Pandemic recovery: Canadian small businesses
Pandemic recovery: Canadian small businesses Q3 2021 Commercial credit trends and industry insights December 2021
Slide 2: GDP has yet to reach pre-pandemic levels but inflation has started to rise
ECONOMIC UPDATE GDP has yet to reach pre-pandemic levels but inflation has started to rise Pent up consumer demand along with a strong Inflation jumped 4.4% in September 2021 when housing market contributing to the rise in inflation compared to last year and prices are going up across key industries
Slide 3: Small businesses may take longer to recover from the pandemic
ECONOMIC UPDATE Small businesses may take longer to recover from the pandemic Many small businesses which are heavily leveraged Over 700,000 job vacancies created in Q2 2021, 26% higher will find it difficult to take on more debt than Q2 2019 while average hourly wage offered increased by 7% when co
Slide 4: Not all is doom and gloom as sales pick up
ECONOMIC UPDATE Not all is doom and gloom as sales pick up with some sectors tracking higher than pre-pandemic levels Indexed Dec 2019=100 120 Lockdowns ended and 100 COVID restrictions eased across all provinces 80 60 40 Pent up consumer demand can boost sales and 20 help small businesses 0 Jan-19
Slide 5: Small Business Credit Trends: Back in business?
Small Business Credit Trends Back in business ? PROPRIETARY | 5
Slide 6: New Credit Inquiries continues to remain lower YoY
INQUIRIES New Credit Inquiries continues to remain lower YoY indicating a long road to recovery Business Credit Inquiries Inquiries across Key Provinces (YoY % Change) (indexed to Jul’19) CAN Bottom Graph: Details of lockdown periods since 2020 Lockdown Partial Lockdown Open Overall Business Credit
Slide 7: Continued federal support has helped commercial delinquencies trend down
DELINQUENCIES Continued federal support has helped commercial delinquencies trend down from previous quarters Delinquencies went up early on in COVID, but it Drop in delinquencies is consistent with some regional variations stabilized later with the government emergency response and has been trendin
Slide 8: Bankruptcies have continued to remain low until now
BANKRUPTCIES Bankruptcies have continued to remain low until now Bankruptcy rate remained lower YOY and lower Collections & Legal suit filings remained lower than the than the pre pandemic levels and but shows some pre-pandemic level but has risen from the lows of Q2 2020 regional variations Lockdow
Slide 9: equifax.ca
equifax.ca © 2021 Equifax Canada Co. All marks used herein are trademarks of Equifax Canada Co. No part of the contents of this document may be reproduced or transmitted in any form or by any means for external usage without the express written authorization of Equifax Canada Co. This presentation f