On4 Communications Inc (ONCI)

[ApollyonZ]

ONCI! 513 dealers 1% sales @272PE $500-$1b? Insurance, child seat, alcohol sensor, MJ, to be added in future.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143177694

Carmax

..During fiscal 2018, we grew total revenues by 8% to $17.1 billion,..grew retail units by more than 7% to 722,000 vehicles,..CarMax Auto Finance (CAF) income increased 14% to $421 million..
..
http://s21.q4cdn.com/483767183/files/doc_financials/Annual%20Report/2018/FY18-ARS-Final-Printed-Report.pdf

Autonation

.. largest automotive retailer in the United States.
..operated 331 new vehicle franchises from 242 stores..93% of the new vehicles that we sold..
..We offer a diversified range of automotive products and services..“parts and service,”

Parts and Service

We previously recognized revenue for an automotive repair and maintenance service when the service was completed and recorded amounts due to us as receivables. Under ASC Topic 606, performance obligations associated with automotive repair and maintenance services are satisfied over time,..

Timing of Revenue Recognition
Goods and services transferred at a point in time
Goods and services transferred over time(2)


Contract Assets and Liabilities

When the timing of our provision of goods or services is different from the timing of the payments made by our customers, we recognize either a contract asset (performance precedes contractual due date) or a contract liability (customer payment precedes performance)

..reduced On December 22, 2017..corporate tax rate from 35% to 21%

new vehicle unit sales in 2018 will be approximately 16.8 million units..Our parts and service and finance and insurance operations, while comprising approximately 21% of our total revenue for the six months ended June 30, 2018, contributed approximately 74% of our total gross profit for the same period

..During the three months ended June 30, 2018, we had net income from continuing operations of $97.4 million..


http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=85803&fid=15761938

Retail accessories/parts (bsafe sales @AN/CM) yield highest profit's for all.

All the best$$