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FSNA Reports $9.6M Revenue for Fiscal Year

Franchise Services of North America (FSNA), franchisors of the U-Save brand, ended its 2016 fiscal year with revenue of $9,627,460 and loss of $188,039.

by Staff
February 7, 2017
FSNA Reports $9.6M Revenue for Fiscal Year

Logo courtesy of FSNA

1 min to read


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.

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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).

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