FSNA Reports $9.6M Revenue for Fiscal Year

Logo courtesy of FSNA
Logo courtesy of FSNA

Franchise Services of North America (FSNA), franchisors of the U-Save brand, has announced its financial results for the fiscal year ended Sept. 30, 2016.

Revenue and loss from continuing operations for the year were $9,627,460 and $188,039, respectively, as compared to revenue of $9,648,371 and profit of $196,172 from continuing operations for the year ended Sept. 30, 2015.

Loss after discontinued operations for the year was $9,152,441 as compared to a loss of $412,617 after discontinued operations for the year ended Sept. 30, 2015. Discontinued operations consisted of Simply Wheelz LLC f/d/b/a Advantage Rent A Car for the year ended Sept. 30, 2016, and the operations of Practicar Systems Inc. for the year ended Sept. 30, 2015.

FSNA’s audited annual financial statements and related management's discussion and analysis can be viewed on the System for Electronic Document Analysis and Retrieval (SEDAR).

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

An Inside Look at Car Rental in China

A trip to a new car rental convention in Guangzhou reveals a booming market, yet one facing unique challenges.

Auto Manufacturers: Mobility Disruptors or Fleet Providers?

Maven’s Alex Keros shares insights into evolving smart mobility business models and new opportunities with fleet management.

What is Your Time Worth?

Personal observations of retail and travel transactions reveal just how much a consumer’s time is worth today, and how increasingly intolerant we are of inefficient transactions.

Job Finder: Access Top Talent. Fill Key Positions.

>