Core Insights - Mobilize Financial Services experienced a 3.3% increase in new financings, reaching €22.3 billion in 2025, reflecting strong operational management and commercial dynamism within the Renault Group [2][8] - The company reported pre-tax income of €1,181 million, slightly up from €1,179 million in 2024, indicating stable financial performance [6][18] Sales Performance - New financing volumes increased by 3.3% compared to 2024, driven by higher registrations for Renault Group, Nissan, and Mitsubishi [8] - The number of financing contracts rose by 1.7% to 1,270,556 in 2025 [8] - The penetration rate for electrified vehicles reached 46.6%, significantly higher than other engine types, which indicates a growing market for electric mobility [6][9] Financial Performance - Net Banking Income (NBI) was €2,224 million, a 2.7% increase from 2024, attributed to higher outstandings and improved financial margins [15] - Operating costs amounted to €747 million, representing 1.26% of Average Performing Assets (APA), showing a slight improvement from the previous year [17] - Total cost of risk was 0.36% of APA, up from 0.31% in 2024, but remains in line with historical averages [18] Customer Engagement and Services - Mobilize Financial Services sold 3.6 million service and insurance contracts in 2025, a decrease of 2.3% from 2024, with a focus on higher value-added services [10] - The company launched new insurance products in key markets, enhancing customer loyalty and adapting to evolving mobility needs [11][19] - The Net Promoter Score (NPS) improved to +60, indicating a high level of customer recommendation [13] Strategic Developments - The company continues to strengthen its partnerships, including a renewed collaboration with Nissan and a new partnership with Geely in Brazil, which supports its growth strategy [5] - Mobilize Financial Services is expanding its savings collection activities, having launched operations in Poland, contributing to a competitive funding source [16][22]

Core Insights - Consumer intent to purchase vehicles remains strong for 2026, with 39% of U.S. adults planning to buy a car, indicating high priority for vehicle purchases [1][2][3] Consumer Intent and Trends - More than 80% of consumers intending to buy a vehicle expect to do so within the next 12 months, with 65% planning to trade in their current vehicle, supporting the used car market [2][3] - Among those planning a vehicle transaction, 87% intend to buy and 13% intend to lease, with younger generations showing a greater interest in leasing [3] Market Dynamics - Auto loan originations began to rise in 2025, driven by anticipation of tariffs and the end of the EV tax credit, with super prime and subprime segments leading this growth despite affordability challenges [4] - Affordability remains a significant obstacle, with 53% of consumers citing cost concerns and 44% citing economic uncertainty [5] Vehicle Preferences - Half of prospective buyers intend to purchase traditional gas-powered vehicles, while 33% prefer hybrids and 16% prefer electric vehicles (EVs), with Millennials showing a slight preference for hybrids [6] - Consumers interested in EVs cite lower fuel costs (72%), environmental benefits (66%), and new technology features (62%) as key reasons for their interest [7] Challenges to EV Adoption - Internal combustion powertrains dominate due to affordability and charging infrastructure challenges, with Millennials increasingly interested in hybrids and Gen Z leaning towards traditional gas vehicles [8]

charge—320—320Net income - adjusted$460$535$2,802$2,181ExpandThree Months Ended December 31,Years Ended December 31,Originations2025202420252024Retail finance receivables originations$8,404$10,637$36,314$36,960Lease originations4,2294,94319,56719,089Total originations$12,633$15,580$55,881$56,049ExpandThree Months Ended December 31,Years Ended December 31,Average Earning Assets2025202420252024Average retail finance receivables$75,610$75,318$76,717$73,917Average commercial finance receivables17,33419,60917,20 ...

Core Viewpoint - AmeriTrust Financial Technologies Inc. has successfully closed the second tranche of its brokered offering, raising a total of $39,552,200 to support its automotive finance operations and lease origination efforts [1][2]. Financing Details - The second tranche of the offering raised an additional $3,365,000, following the first tranche which closed on December 23, 2025, for $36,187,200, bringing total gross proceeds to $39,552,200 [1]. - The second tranche included the issuance of 2,500 Debenture Units at $1,000 each, generating $2,500,000, and 17,300,000 Life Units at $0.05 each, generating $865,000 [3]. Management and Strategic Developments - Jeff Morgan, CEO of AmeriTrust, expressed gratitude to existing and new shareholders and highlighted the management team's participation in the financing, indicating strong commitment [2]. - John Wimsatt has been appointed as Chief Investment Officer, bringing experience from ECN Capital Corp. to help secure additional lease origination funding [2]. Use of Proceeds - The net proceeds from the offering will be utilized to restart lease originations in Q1 2026 and for working capital purposes [5]. Regulatory and Compliance Information - The LIFE Offering was conducted under the "listed issuer financing exemption" as per Canadian securities regulations [4]. - The Debenture Units and Broker Warrants are subject to a statutory hold period until May 16, 2026, while the Life Units are not [7]. Advertising and Investor Awareness - AmeriTrust has engaged Dig Media Inc. for an advertising and investor awareness campaign, costing $40,000, to enhance visibility among investors [8][9].

Core Viewpoint - AmeriTrust Financial Technologies Inc. is launching an amended brokered offering to raise capital for its automotive finance operations, including a Debenture Offering of up to $25 million and a LIFE Offering of up to $15 million, with the potential for increases through the Agents' Option [1][3]. Group 1: Offering Details - The Debenture Offering will consist of up to 25,000 units priced at $1,000 each, aiming for gross proceeds of up to $25 million, with each unit including a convertible debenture and warrants [6][13]. - The LIFE Offering will consist of up to 300 million units priced at $0.05 each, targeting gross proceeds of up to $15 million, with each unit including a common share and a warrant [13][14]. - The Closing Date for the Offering is anticipated around December 17, 2025, pending regulatory approvals [3][4]. Group 2: Use of Proceeds - The net proceeds from the Offering will be utilized to restart lease originations in Q1 2026, funding both "flow" and "haircut capital" under a bankruptcy remote trust [4][5]. - The capital raised is expected to catalyze new originations, enhance revenue generation, and support overall growth, with initial operations starting in Texas and plans for expansion into Florida and California [5][20]. Group 3: Financial Structure - The Debentures will mature in five years, with an interest rate of 8% per annum, payable quarterly, and will be convertible into common shares at a conversion price of $0.085 [7][8]. - The Company has the right to force early conversion of the Debentures if certain trading price conditions are met, providing additional interest payments to holders [9][10]. - The Debentures will rank senior to other unsecured obligations and will not be subordinated without majority holder consent [11][12]. Group 4: Agent Commissions and Options - Agents will receive a cash commission of 6% on the gross proceeds from the Debenture Offering and 5% from the LIFE Offering, along with broker warrants as additional compensation [16][17]. - An Agents' Option allows for the issuance of additional units for up to $6 million to cover over-allotments, with specific limits on LIFE Units [18].

Core Viewpoint - Automotive Finco Corp. has filed its condensed interim consolidated financial statements for the nine months ended September 30, 2025, and is exploring strategic alternatives to return cash to shareholders efficiently [1][2]. Financial Performance - The total amount received from the Partnership's loan investment, including all outstanding interest, was $26,608,540 [2]. Company Overview - Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector and may pursue other direct investments and financing opportunities within this sector [3].

Core Insights - The Chinese automotive industry is transitioning towards digitalization, greening, and internationalization, with automotive finance playing a crucial role in this transformation [1][2] - The "Belt and Road" initiative, RCEP agreement benefits, and the facilitation of cross-border RMB settlements are enhancing the global expansion of Chinese automotive brands, shifting from "product export" to "ecosystem export" [1] - The "2025 Second Automotive Finance and Global Expansion High-Quality Development Conference" will be held on November 21 in Shenzhen, focusing on the innovative and globalized development of automotive finance [1][2] Industry Trends - The conference aims to gather financial institutions, manufacturers, automotive finance companies, leasing firms, and experts to discuss themes such as "automotive finance service innovation" and "global transformation of automotive finance" [2] - The event will feature case sharing and roundtable discussions to outline the latest trends and practical paths in automotive finance innovation and global expansion [2] - The conference will also host the "2025 Automotive Industry Star Award" ceremony to recognize outstanding contributions in automotive finance innovation and global practices [2] Strategic Importance - The current phase of globalization for the Chinese automotive industry positions automotive finance innovation and expansion as essential rather than optional [2] - The conference serves as a platform for resource integration, allowing participants to gain insights into industry trends and practical expansion strategies while fostering deep cooperation among manufacturers, financial institutions, and technology companies [2] - The event invites stakeholders from the automotive supply chain and financial institutions to collaborate in empowering the global growth of Chinese automotive brands [2]

Financial Data and Key Metrics Changes - Total net revenues for Q1 fiscal 2026 increased by 2.8% to $15 million, compared to $14.6 million in the prior year period, driven by a 9.4% increase in subscription and support revenues [15][5] - Gross profit for Q1 fiscal 2026 was $5.9 million, or 39.4% of net revenues, down from $6.6 million, or 45% of net revenues in Q1 fiscal 2025 [16] - GAAP net loss attributable to the company for the quarter totaled $2.4 million, or $0.20 per diluted share, compared to a GAAP net income of $71,000, or $0.006 per diluted share in the prior year period [17] Business Line Data and Key Metrics Changes - Subscription, SaaS, and cloud support revenues increased by 9.4% to $9 million, compared to $8.2 million in the prior year period [15] - Total services revenue decreased to $6 million from $6.4 million in the prior year period [15] Market Data and Key Metrics Changes - The company achieved significant milestones in the Asia-Pacific region, including a strategic cooperation agreement in China focused on integrated financial services for the automotive industry [8] - The company maintained a sizable market share in the Chinese auto finance market and became a partner of choice for Chinese OEMs and asset finance companies looking to expand abroad [9] Company Strategy and Development Direction - The company is focused on expanding its global footprint through its AI-powered Transcend platform, aiming to simplify and optimize every stage of the asset, retail, and commercial lifecycle [20] - Ongoing investments in artificial intelligence, including the launch of CheckAI, reflect the company's commitment to intelligent automation and asset finance [6] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a challenging operating environment due to macroeconomic headwinds, including credit tightening and rising auto loan delinquencies, but emphasized that the business fundamentals remain solid [10][13] - The company is targeting full-year revenue guidance of 5-7%, supported by a growing pipeline and investments made in its go-to-market and AI-enabled platform [13] Other Important Information - The company experienced a 36% increase in selling and marketing costs due to strategic investments in expanding its global sales organization [11] - The cash position as of September 30, 2025, was $22.7 million, providing ample liquidity to support ongoing growth initiatives [19] Q&A Session Summary - There were no questions from participants during the Q&A session, indicating a lack of immediate inquiries regarding the company's performance or outlook [23][28]

Summary of Experian FY Conference Call (November 04, 2025) Industry Overview - The conference focused on the automotive finance market, particularly retail financing trends and consumer credit information [2][3] - The presentation utilized vehicle title and registration data from DMVs and OEMs to analyze the U.S. market [2] Key Points on Retail Financing - Retail financing for vehicles has increased slightly, up nearly 2% year-over-year, with approximately 17 million transactions recorded through August [3] - Cash transactions in the retail space have risen significantly, with cash purchases for new cars at about 20% and used vehicles at an all-time high [4] - Off-lease returns are at a low of 2.2 million units, leading to a scarcity of late-model vehicles [5] Leasing Trends - Leasing rates have averaged around 24% this year, with a notable increase in off-lease electric vehicles (EVs) expected in the coming years [5][6] - Honda remains the top brand for leasing, while Tesla has seen significant growth in leasing volume [6] Consumer Credit Insights - Credit scores have been steadily increasing, with average new credit scores up by 2.755 points [8] - The subprime market has seen a modest recovery, but overall, the prime population is growing, indicating a shift in consumer demographics [10][11] Lending Landscape - Banks dominate the lending market, holding nearly 29% of the market share, while captive finance companies have seen a decline [12][13] - Banks are becoming more aggressive in lending, with some expanding their financing options to older vehicles [13][29] Affordability Challenges - The average new loan amount has reached the mid-$42,000s, significantly higher than pre-COVID levels [16][17] - Over 17% of car payments now exceed $1,000, with the Ford F-150 being the most common vehicle associated with these payments [20][21] Demographic Shifts - Households earning less than $100,000 now represent less than 50% of new car buyers, while those earning over $200,000 have increased to nearly 20% [22] - Gen X remains the largest group of car buyers, but Millennials are rapidly approaching this demographic [22] Electric Vehicle Market - EVs accounted for about 12% of the new car market as of September, with a significant portion of leases expected to return in the coming years [23][26] - The majority of used EVs purchased this year were Teslas, with a projected total of around 500,000 used EVs by year-end [26] Delinquency and Fraud Concerns - Auto loan delinquency rates have reached record highs, surpassing levels seen during the 2009 financial crisis, with 0.91% of auto balances at 60-day delinquency [40][41] - Fraud has become a significant issue, with an estimated $4 billion lost to fraud in the previous year [42][43] Conclusion - The automotive finance market is experiencing significant changes driven by affordability issues, demographic shifts, and the increasing prevalence of EVs [45][46] - The overall market remains cyclical, with lenders adapting to current conditions while facing challenges related to delinquency and fraud [48][49]

Core Insights - AmeriTrust Financial Technologies Inc. has entered into an agreement to become the National Lease Partner for myAutoloan.com, enhancing its position in the automotive finance sector [1] Company Overview - AmeriTrust specializes in automotive finance, focusing on used vehicle lease originations [1] - myAutoloan.com is a direct-to-consumer online automotive finance marketplace established in 2003 [1] Strategic Partnership - The partnership with myAutoloan.com is expected to strengthen AmeriTrust's market presence and expand its service offerings in the automotive finance industry [1]