Element Fleet Management Corp. (EFN) Q4 2021 Earnings Call

Investor webinar replay

Meeting Overview The meeting focused on Element Fleet Management's financial and operational results for the fourth quarter and full year of 2021. Key highlights included a review of the company's strategic priorities, performance amidst global supply chain disruptions, and the launch of a new electric vehicle (EV) offering. Key Discussion Points - Overview of Element's 2021 performance and financial results. - Discussion of three strategic priorities set for 2021: - Growth in net revenue. - Advancement of a capital lighter business model. - Increase in free cash flow and shareholder returns. - Impact of global vehicle production shortages on business operations. - Record levels of demand for vehicles and services despite supply chain challenges. - Backlogged vehicle orders and expectations for production recovery by mid-2023. - Launch of ARK by Element, an integrated end-to-end EV offering. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : ...

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[Speaker identities could not be resolved; generic labels used] [00:00] Speaker 1: Thank you for standing by. This is the conference operator. [00:04] Speaker 1: Welcome to the Element Fleet Management 4th 0.25 in full year 2021 financial and operating results conference call. [00:11] Speaker 1: As a reminder, [00:13] Speaker 1: all participants are in listen-only mode, and the conference is being recorded. [00:18] Speaker 1: After the prepared remarks, there will be an opportunity for analysts to ask questions. [00:23] Speaker 1: To join or rejoin the question queue, you may press star then 1 on your telephone keypad. [00:29] Speaker 1: Should you need assistance during the conference call, you may signal an operator by pressing star and 0. [00:35] Speaker 1: Element wishes to remind listeners that some of the information in today's call includes forward-looking statements. [00:41] Speaker 1: These statements are based on assumptions that are subject to significant risks and uncertainties. [00:47] Speaker 1: And the company refers you to the cautionary statements and risk factors in its year-end and most recent MD&A, [00:54] Speaker 1: as well as its most recent AIF, [00:56] Speaker 1: or a description of these risks, uncertainties, and assumptions. [01:00] Speaker 1: Although management believes that the expectations reflected in the statements are reasonable, [01:05] Speaker 1: it can give no assurance that the expectations reflected [01:08] Speaker 1: in any forward-looking statements will prove to be correct. [01:12] Speaker 1: Elements, earnings, press release, financial statements, [01:15] Speaker 1: MD&A, [01:16] Speaker 1: supplementary information document, [01:19] Speaker 1: quarterly investor presentation, [01:21] Speaker 1: and today's call include refer...