Autocanada Inc. · TSX:ACQ
Autocanada — Q1 2025 Earnings Presentation
17 slides from Autocanada's earnings presentation, May 2025
Slide 1: Investor Presentation
TSX: ACQ Investor Presentation May 2025 1
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Certain statements contained in this investor presentation are forward-looking statements and information (collectively “forward-looking statements”), within the meaning of the applicable Canadian securities legislation. We hereby provide cautionary statements identifying
Slide 3: A leader in Canadian automotive retail
A leader in Canadian automotive retail New & Used Light Vehicle Collision Repair 64 new light vehicle OEM franchises selling 25 Network of 29 collision shops utilizing the latest automotive brands with complementary used retail technology, OEM parts and procedures. operations in franchises. Parts &
Slide 4: Creating Canada's premier dealership and collision platform
Roadmap Optimize Costs & Efficiency Creating Canada’s Targeting $1002 million in annual run-rate operating efficiencies and cost savings by the end of 2025. premier Refine Core Operations Ongoing strategic review of non-core and underperforming dealership and assets to focus resources on Canadian de
Slide 5: Driving growth through acquisition and operational efficiencies
+20 Years and Still Growing 64 29 35,363 49,614 OEM Franchise Collision New Vehicles Sold1 Used Vehicles Sold1 Driving growth Dealers Centres through 64 64 acquisition and 54 54 48 49 Total Franchised operational Dealerships efficiencies 16 22 23 24 7 10 2002 2004 2006 2008 2010 2012 2014 2016 2018
Slide 6: Canada drives a quarter-trillion dollar auto industry
Canada drives a Total Addressable Market Canadian OEM Franchise Market quarter-trillion (3,700 Total Stores) dollar auto industry 89% 10% 2% Small Dealer Groups2 Large Dealer Groups AutoCanada Canadian Automotive Market Share1 Canadian Collision Repair Market (Revenue in C$ billions) Other AutoCanad
Slide 7: The start of a transformational era at AutoCanada
The start of a A new operational strategy, identifying $100 million in annual cost savings, commenced in the fourth transformational era quarter of 2024. Concurrently AutoCanada conducted a strategic review to prioritize the core at AutoCanada business. $100 Million Operational Transformation Plan1
Slide 8: ACX Operating Method
Targeting $100M in annual run rate savings by the end of 2025 through optimization of four core categories. ACX Operating Method The Company has achieved a total of $57M in run-rate annualized savings, including $48M added during Q1 2025. Store Archetype $63M1 Expense Management $23M1 Inventory Mana
Slide 9: Timeline to cost savings
Timeline to cost 2025 Estimated Cost Savings2 (CAD Millions) savings Gross Savings Net Savings CAD Millions Gross Restructuring Net Run Rate Savings2 Costs1 Savings2 Savings2 $100M Q1A $14.1 $(15.8) $(1.7) $51.7 Q2 $15.5 $(9.5) $6.2 $73.0 Q3 $18.3 $(3.7) $14.6 $82.0 $38M Q4 $20.5 $(1.5) $19.0 $100.0
Slide 10: Gearing up for a performance boost
Gearing up for a Since commencing its transformation plan AutoCanada has realized $57M in annual run-rate cost savings as of March 31, 2025, with financial performance boost leverage set to fall in H2 as the ACX Operating Method progresses this year. 12-Month Trailing Performance Indicators1,2 $57M
Slide 11: Strategic Review
Strategic Review Asset Dispositions, Store Closures, & Discontinued Operations CAD Millions Asset Dispositions Date Sale Price AutoCanada has completed nearly C$60 million in asset sales, achieved C$11 million in annual EBITDA savings from store Airdrie Chrysler Dodge Jeep Ram Sep 2024 $24.6 closure
Slide 12: Macro-economic Impact and Outlook
Macro-economic Canadian New Light Vehicle Sales Impact and New Light Vehicle Sales Canadian Unemployment Rate Recession Outlook 2.5 million units 12.0 The Canadian new light vehicle market experienced strong growth in 2024 with total sales reaching 10.0 2.0 1.86M units (+8.2% y/y). Although the outl
Slide 13: Consolidated Q1 2025 Highlights
For the three months ended March 31, 2025 Financial Results From Continuing Operations CAD in millions Consolidated Q1 except per share amounts Quarter Ended Trailing 12 Month Revised4 2025 Highlights Q1 2024 Q1 2024 Q1 2025 Q1 2025 Revised4 Revised4 Revenue $1,240.1 $1,212.2 $5,299.6 $5,368.7 Gross
Slide 14: Operating Performance Review
Operating Performance Review For the three months ended March 31, 2025 US Peers US$ AutoCanada C$ Normalized Operating Same Store Sales Expense Growth1 Gross Profit per Unit1 % of Gross Profit1 (before Depreciation) 100% 6% $5,000 $3,000 $1,000 $1,000 $3,000 $5,000 New Vehicles1 80% $3,145 New Vehic
Slide 15: Financial Metrics
Financial Metrics Dollar figures in CAD millions Adjusted EBITDA Liquidity Financial Leverage Adjusted EBITDA1 Total Revolving Credit Facilities Total Net Funded Debt Total Net Funded Debt to Bank EBITDA2 Undrawn Capacity Debt Covenant $375 $375 $375 $265 $252 $240 $275 4.9x 4.9x $225 4.5x 4.1x $160
Slide 16: Leading the team
Leading the team Paul W. Antony Jeffrey Thorpe Brian Feldman Executive Chairman President, North American Chief Operating Officer Operations AutoCanada is guided by a team of experienced industry leaders committed to driving excellence. The executive team has an average of over 20 years of experienc
Slide 17: Contact
TSX: ACQ Contact Samuel Cochrane, CFO scochrane@autocan.ca 17