Solution Financial Reports Q1 2020 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2020) - Solution Financial Inc. (TSXV: SFI) (the "Company") a leading provider of luxury automotive and yacht leasing in western Canada, today announced its financial results for the first quarter ending January 31, 2020. Earnings Highlights for the Quarter: Net income increased to $76,399 and Adjusted net income(1) increased to $310,354. Net revenue increased 38% over the prior year quarter to $2,986,445. Total lease and finance...
2020-03-31 2:12 PM EDT
Solution Financial Initiates Quarterly Dividend
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2020) - Solution Financial Inc. (TSXV: SFI) (the "Company") a leading provider of luxury automotive and yacht leasing in British Columbia, is pleased to announce that the Company's Board of Directors has authorized the payment of a quarterly dividend of $0.001. The quarterly dividend is payable on March 20, 2020 to common shareholders of record as of the close of business on March 6, 2020. This dividend is a "non-eligible dividend"...
2020-02-27 5:56 PM EST
Solution Financial Reports Year End 2019 Results
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2020) - Solution Financial Inc. (TSXV: SFI) (the "Company") a leading provider of luxury automotive and yacht leasing in western Canada, today announced its financial results for the fourth quarter and year ending October 31, 2019. Earnings Highlights for the Year End Net income increased to $181,948 and Adjusted net income(1) increased to $630,355. Net revenue increased 40% over the prior year to $8,861,678. Total lease and finance...
2020-02-25 3:35 PM EST
Solution Financial Inc. Announces Normal Course Issuer Bid
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2019) - Solution Financial Inc. (TSXV: SFI) ("Solution" or the "Company") a leading provider of luxury automotive and yacht leasing in Western Canada, announces that the TSX Venture Exchange ("TSXV") has accepted the Company's Notice of Intention to Make a Normal Course Issuer Bid (the "NCIB"). Under the NCIB, a total of up to 3,966,202 common shares may be purchased through the facilities of the TSXV, representing 5% of the issued...
2019-12-13 2:40 PM EST
Solution Announces Expansion into Alberta and Second Quarterly Dividend
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2019) - Solution Financial Inc. (TSXV: SFI) (the "Company") a leading provider of luxury automotive and yacht leasing in Western Canada, announced today that it has received its license from the Alberta Motor Vehicle Industry Council ("AMVIC") and has opened its new lease administration office at the Calgary Auto Mall- Suite Lm5 155 Glendeer Circle, Calgary, Alberta, T2H 2P9. "This is a key milestone for our Company," said Bryan...
2019-11-14 9:00 AM EST
Solution Announces John Gowans Appointment to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2019) - Solution Financial Inc. (TSXV: SFI) (the "Company") a leading provider of luxury automotive and yacht leasing in British Columbia, today announced that John Gowans has joined the Company's Board of Directors. Mr. Gowans brings a wealth of experience in the Leasing industry across Canada and the US. Mr. Gowans recently retired from an impressive 34-year career in the Leasing industry. Mr. Gowans completed his career at First...
2019-11-07 9:00 AM EST
Solution Financial Initiates Quarterly Dividend
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2019) - Solution Financial Inc. (TSXV: SFI) (the "Company") a leading provider of luxury automotive and yacht leasing in British Columbia, today announced its financial results for the quarter ending July 31, 2019. Earning Highlights for the Quarter Net income increased to $98,565 and Adjusted net income(1) increased to $228,261 Net revenue increased 12% over the prior quarter to $1,904,391 Gross in-house leasing, brokering and...
2019-09-23 5:08 PM EDT