General Finance Corporation

Headquartered in Pasadena, California, General Finance Corporation (NASDAQ: GFN) provides mobile storage, liquid containment and modular space ("portable services") solutions. Our expertise in these sectors drives disciplined growth strategies, operational guidance, effective capital allocation and capital markets support for our subsidiaries. We provide portable services solutions in the Asia-Pacific regions of Australia and New Zealand through majority-owned Royal Wolf Holdings Limited, the leading provider of portable storage solutions in those regions, and in North America through wholly-owned Pac-Van, Inc. and Lone Star Tank Rental Inc., prominent regional providers of portable storage, office and liquid storage tank containers, mobile offices and modular buildings. We manufacture portable liquid storage tank containers in North America through our 90%-owned subsidiary Southern Frac, LLC. Royal Wolf's shares trade on the Australian Securities Exchange under the symbol "RWH."

Our business plan and long-term strategy is to identify, acquire and integrate rental services businesses in North and South America, Europe and the Asia-Pacific area. These acquired operating companies will typically be structured vertically by type of product or business and have experienced management teams in industries with attractive organic or acquisition growth potential. Our function at General Finance is to enhance the intrinsic values of the operating companies by providing guidance with respect to operating and acquisition strategy, logistical support, budgeting and long-term planning and financing and capital structure.

Type
Public
HQ
Pasadena, US
Founded
2005
Size (employees)
763 (est)
General Finance Corporation was founded in 2005 and is headquartered in Pasadena, US

General Finance Corporation Office Locations

General Finance Corporation has an office in Pasadena
Pasadena, US (HQ)
39 E Union St

General Finance Corporation Data and Metrics

General Finance Corporation Financial Metrics

General Finance Corporation's revenue was reported to be $68.5 m in Q3, 2017
USD

Revenue (Q3, 2017)

68.5 m

Net income (Q3, 2017)

(1.1 m)

EBIT (Q3, 2017)

3.6 m

Market capitalization (25-Jul-2017)

125.4 m

Cash (31-Mar-2017)

8.2 m
General Finance Corporation's current market capitalization is $125.4 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

287.1 m303.8 m285.9 m

Revenue growth, %

6%(6%)

Operating expense total

13.3 m21.3 m19.9 m

EBIT

40 m43 m14.4 m

EBIT margin, %

14%14%5%

Interest income

52 k68 k97 k

Pre tax profit

26.8 m21.7 m

Net Income

15.1 m13 m(3.3 m)
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Revenue

80.4 m88.7 m69.4 m63.8 m83.3 m66.5 m62.8 m72.3 m68.5 m

EBIT

15.5 m17.7 m6.5 m4 m8.7 m953 k3.7 m7.1 m3.6 m

EBIT margin, %

19%20%9%6%10%1%6%10%5%

Interest income

14 k10 k28 k17 k20 k35 k23 k13 k18 k

Pre tax profit

10.7 m11.9 m1 m3.1 m(1.2 m)2.3 m

Net Income

6.4 m7.1 m601 k(535 k)1.9 m(2.3 m)(744 k)1.4 m(1.1 m)
USDFY, 2014FY, 2015FY, 2016

Cash

5.8 m3.7 m9.3 m

Inventories

27.4 m36.9 m34.6 m

PP&E

30.6 m39.5 m27 m

Goodwill

93.2 m99.3 m102.5 m

Total Assets

668.5 m687.2 m675.8 m

Total Liabilities

451.2 m

Additional Paid-in Capital

128 m124.3 m122.6 m

Retained Earnings

(11.8 m)(4.7 m)(10 m)

Total Equity

257.9 m234.4 m224.6 m

Financial Leverage

2.6 x2.9 x3 x
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

9.4 m6.3 m8.6 m8.7 m4.3 m7 m9.4 m6.4 m8.2 m

Inventories

38.7 m41.9 m41.2 m44 m40.8 m39.9 m38.9 m31.5 m30.8 m

PP&E

29.9 m40.2 m40.7 m37.6 m28.3 m27.6 m26.1 m25.1 m24.2 m

Goodwill

92.3 m97.4 m98.3 m97 m103.2 m102.3 m104 m103.1 m105 m

Total Assets

680.6 m720.2 m711.8 m682.1 m687.6 m687.8 m684.4 m673 m677.3 m

Additional Paid-in Capital

127.7 m124.8 m124.6 m123.9 m123.6 m123.3 m121.6 m121.2 m120.8 m

Retained Earnings

(7.1 m)(1.6 m)(2.5 m)(5.8 m)(4.7 m)(7.1 m)(11.2 m)(15.9 m)(12.1 m)

Total Equity

249.1 m245.8 m237.5 m221 m227.9 m229.9 m224.6 m219.3 m223 m

Financial Leverage

2.7 x2.9 x3 x3.1 x3 x3 x3 x3.1 x3 x
USDFY, 2014FY, 2015FY, 2016

Net Income

15.1 m13 m(3.3 m)

Depreciation and Amortization

26.4 m37.7 m38.6 m

Inventories

14.2 m(10 m)4.8 m

Cash From Operating Activities

51.5 m38.2 m48.8 m

Purchases of PP&E

(7.2 m)(18 m)(4.2 m)

Cash From Investing Activities

(163.6 m)(107.4 m)(35.4 m)

Cash From Financing Activities

112.9 m67.4 m(5.6 m)

Interest Paid

10.3 m17.4 m17.5 m

Income Taxes Paid

612 k544 k(1.1 m)
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

6.4 m7.1 m601 k(535 k)1.9 m(2.3 m)(744 k)1.4 m(1.1 m)

Depreciation and Amortization

9.3 m9.4 m9.5 m9.1 m9.2 m9.6 m9.5 m9.9 m9.8 m

Inventories

38.7 m41.9 m41.2 m44 m40.8 m39.9 m38.9 m31.5 m30.8 m
USDY, 2017

Revenue/Employee

89.7 k

Financial Leverage

3 x

General Finance Corporation Market Value History

General Finance Corporation Company Life and Culture

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