FSNA Reports Net Loss of $700K for 2014

Franchise Services of North America Inc. (FSNA) has announced its financial results for the fiscal year ended Sept. 30, 2014.

Revenue and net loss from continuing operations were $10,886,731 and $700,967, respectively, as compared to revenue of $10,822,565 and profit of $189,892 from continuing operations for the year ended Sept. 30, 2013, according to the company.

Profit after discontinued operations for the year was $4,751,789 as compared to net loss of $39,036,516 after discontinued operations for 2013. Discontinued operations consisted of the operations of Simply Wheelz LLC — formerly doing business as Advantage Rent A Car.

The company's audited annual financial statements for 2014 and 2013 and related management's discussion and analysis can be viewed on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Safeguarding Your Business with Brokers

While the high-profile bankruptcy of Atlas Choice has left many car rental companies wary of working with brokers, rental companies can take steps to protect themselves and ensure a productive relationship.

My Number One Takeaway from ICRS 2017

This year’s International Car Rental Show (ICRS) opened the door to new business models facing transportation today — yet adapting to these new technologies is not the first key to survival.

Trump and Regulations: An Alt-Fuel View

With 2025 emissions targets back in review, manufacturers, alt-fuel, and alt-power suppliers weigh in on the potential impacts of Trump’s initiatives.

Job Finder: Access Top Talent. Fill Key Positions.

>