Axis Auto Finance Inc.

AXIS

CA05465J1057

Consumer Lending

Market Closed - Toronto S.E. Other stock markets 03:43:44 2024-07-16 pm EDT			5-day change	1st Jan Change
0.04 ^CAD	-20.00%		-20.00%	-20.00%

May. 15	Axis Auto Finance Reports Narrower Q3 Adjusted Loss With Revs Largely Unchanged; Updates on Strategic Review Process	MT
May. 15	Axis Auto Finance Inc. Brief: Q3 Adjusted loss of ($1.4) million as compared to Adjusted loss of ($3.9) million in prior year; Updates on Strategic Review Process	MT

Axis Auto Finance Inc. announced that it has received CAD 19.000001 million in funding

January 18, 2018

On January 19, 2018, Axis Auto Finance Inc. (TSXV:AXIS) closed the transaction. The company issued 27,142,858 subscription receipts in the transaction for gross proceeds of CAD 19 million.

Latest news about Axis Auto Finance Inc.

Axis Auto Finance Reports Narrower Q3 Adjusted Loss With Revs Largely Unchanged; Updates on Strategic Review Process	May. 15	MT
Axis Auto Finance Inc. Brief: Q3 Adjusted loss of ($1.4) million as compared to Adjusted loss of ($3.9) million in prior year; Updates on Strategic Review Process	May. 15	MT
Axis Auto Finance Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	May. 14	CI
Toronto Stocks Flat as Canadian CPI Cools to 2.9%	Feb. 20	DJ
Axis Auto Finance Launches Strategic Review; Up Up Over 33%	Feb. 20	MT
Axis Auto Finance Inc. Brief: Up 33.3% As Initiates a Strategic Review	Feb. 20	MT
Axis Auto Finance Shares Jump on Strategic Review, Potential Sale	Feb. 19	CI
Axis Auto Finance Inc. Brief: Q2 Adjusted loss of ($0.5) million Vs Adjusted earnings of $0.3 million in prior year; Revenues of $11.1 million, a 4.1% increase year-over-year	Feb. 14	MT
Axis Auto Finance Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 13	CI
Axis Auto Finance Inc. Appoints Arlene O'neill as Director	Dec. 21	CI
Axis Auto Finance Inc.'s Equity Buyback announced on November 24, 2022, has expired.	Nov. 24	CI
Axis Reports Q1 2024 Financial Results	Nov. 15	MT
Tranche Update on Axis Auto Finance Inc.'s Equity Buyback Plan announced on November 24, 2022.	Nov. 14	CI
Axis Auto Finance Inc. Reports Earnings Results for the First Quarter Ended September 30, 2023	Nov. 14	CI
Tranche Update on Axis Auto Finance Inc.'s Equity Buyback Plan announced on November 24, 2022.	23-09-15	CI
Axis Auto Finance Inc. Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-15	CI
Axis Auto Finance Inc. Brief: Q4 Total originations of $62.5 million, consisting of $30.3 million in automotive originations and $32.3 million in equipment originations	23-09-15	MT
Axis Auto Finance Inc. Brief: Net loss of ($20.1) million, down from net income of $0.3 million in Q4 of 2022	23-09-15	MT
Axis Auto Finance Inc. Brief: Revenues of $10.1 million in Q4, a 2% decline year-over-year; Adjusted loss of ($1.4) million as compared to Adjusted Earnings of $1.1 million in prior year	23-09-15	MT
Axis Auto Finance Inc. Reports Impairment Charges for the Fourth Quarter Ended June 30, 2023	23-09-15	CI
Axis Auto Finance Inc. Brief: Providing Business Update and Closing $2.67 Million Private Placement of Unsecured Subordinated Debentures	23-09-11	MT
Axis Provides Business Update and Announces Closing of $2.67 Million Private Placement of Unsecured Subordinated Debentures	23-09-11	CI
Axis Auto Finance Inc. announced that it has received CAD 2.67 million in funding	23-09-10	CI
RBC Capital Markets Says Fintech Companies Including Lightspeed Note Relative Stability	23-06-14	MT
Tranche Update on Axis Auto Finance Inc.'s Equity Buyback Plan announced on November 24, 2022.	23-05-12	CI

Axis Auto Finance Inc. is a Canada-based financial technology company. The Company is a financial technology lender, providing alternative used vehicle financing to consumers located in Canada. Through its direct-to-consumer portal, DriveAxis.ca, customers can choose their next used vehicle, arrange financing, and get the car delivered to their home. In addition, the Company focuses on business to business (B2B) non-prime auto loan originations by delivering advanced technology solutions and superior service to its dealer partner network. The Company's subsidiaries include Axis Auto Finance Services Corp., Axis Equipment Finance Inc., Cars on Credit Financial Inc., Trend Financial Corp., and Axis Auto Finance Lending Corp. Its Axis Equipment Finance Inc. provides commercial equipment leasing and financing solutions.

Sector

Consumer Lending

Calendar

2024-09-11 - Q4 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.04 CAD

Average target price

0.35 CAD

Spread / Average Target

+775.00%

Consensus

Quarterly earnings - Rate of surprise

Company calendar

Sector Personal & Car Loans

	1st Jan change	Capi.
AXIS AUTO FINANCE INC.	-20.00%	3.55M
SLM CORPORATION	+22.91%	5.21B
MUANGTHAI CAPITAL	-10.56%	2.41B
ORIENT CORPORATION	-3.64%	1.11B
PT ADIRA DINAMIKA MULTI FINANCE TBK	+8.22%	730M
YIXIN GROUP LIMITED	+11.48%	560M
XXF GROUP HOLDINGS LIMITED	+131.31%	326M
LEXINFINTECH HOLDINGS LTD.	-3.80%	294M
SHANGHAI DONGZHENG AUTOMOTIVE FINANCE CO., LTD.	-.--%	294M
SBI ARUHI CORPORATION	+11.68%	256M

Personal & Car Loans