AutoCanada Inc. (ACQ) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining AutoCanada's conference call to discuss the financial results for the second quarter of 2025. I'm John, your moderator for today's call. Before we begin, I'd like to remind everyone that today's discussion may include forward-looking statements which are subject to risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements. I encourage you to review AutoCanada's filings on Cedar Plus for a discussion of this risk The fourth quarter news release, financial statements and MD&A. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question at that time, please press star followed by the number one on your telephone keypad. If you'd like to withdraw your question, please press star key followed by the number two. I'd like to remind everyone that this conference call is being recorded today. Wednesday, August 13, 2025. Now, I'd like to turn the call over to Mr. Paul Anthony, Executive Chairman of Auto Canada, Inc. Please go ahead, Mr. Anthony. Good evening, everyone, and thanks for joining us. This quarter marks a significant milestone for Auto Canada, and for me personally, it represents the culmination of the work we began in 2018 when I assumed the role of the Executive Chair shortly after the acquisition of our U.S. operations. At the time, Auto Canada was under severe strain, financially vulnerable, and operationally overextended. The U.S. acquisition was an ambitious move, but one that quickly revealed structural and cultural misalignment with our Canadian core. The company was, quite frankly, at risk prior to us getting here. What followed was a multi-year effort to stab...