New global whitepaper explores the four forces transforming mobility over the next 10 years: alternative energy, autonomous vehicles, AI, and embedded access. From robotaxis to long-haul freight, autonomous vehicles could reduce operating costs by up to 57 per cent for trucking fleets while redefining urban transport economics.By 2035, AI and connectivity will handle 15 per cent of fleet work decisions autonomously, turning vehicles into intelligent, self-learning systems that operate like distributed netwo ...

Core Viewpoint - Element Fleet Management Corp. has received approval from the Toronto Stock Exchange to renew its normal course issuer bid (NCIB) for repurchasing its common shares as part of its capital return strategy [2][3]. Group 1: NCIB Details - The approved NCIB allows the company to purchase up to 39,930,568 common shares, which is approximately 10% of the public float, from November 20, 2025, to November 19, 2026, or until the purchases are completed [3]. - The average daily trading volume of the common shares was 586,717, limiting daily purchases under the NCIB to 146,679 shares, excluding block purchases [4]. - The company plans to fund the NCIB using existing cash resources, and any repurchased shares will be cancelled [5]. Group 2: Previous NCIB Performance - Under the current NCIB that started on November 20, 2024, the company has repurchased 4,806,957 common shares at an average price of CAD 31.32 per share as of November 10, 2025 [6]. Group 3: Automatic Securities Purchase Plan (ASPP) - The company will implement an automatic securities purchase plan (ASPP) with an independent broker to facilitate share repurchases during blackout periods [8]. - The ASPP will allow the broker to purchase shares at times when the company cannot, based on parameters set by the company prior to the blackout period [8]. - The ASPP will terminate when the purchase limit is reached, the NCIB is completed, or the company decides to terminate it [9]. Group 4: Company Overview - Element Fleet Management is the largest publicly traded pure-play automotive fleet manager globally, providing comprehensive fleet management services across various regions [10].

Core Viewpoint - Element Fleet Management Corp. is set to announce its Q3 2025 financial results on November 12, 2025, with a conference call scheduled for November 13, 2025, at 8:00 a.m. Eastern Time [1][2]. Group 1 - Element Fleet Management is recognized as the largest publicly traded pure-play automotive fleet manager globally [3]. - The company offers a comprehensive range of fleet management services, including vehicle acquisition, maintenance, risk management, route optimization, electric vehicle integration, and remarketing [3]. - Element combines fleet management expertise with advanced digital capabilities to provide real-time data insights and dynamic planning tools, enhancing cost efficiency and vehicle productivity for clients [3]. Group 2 - The conference call can be accessed via a dedicated webcast link and telephone numbers for both Canada/USA and international participants [2]. - A recorded version of the conference call will be available until December 13, 2025, for those who wish to review the discussion [2]. Group 3 - The company operates across multiple regions, including North America, Australia, New Zealand, and Ireland, and is expanding its global presence through its technology platform Autofleet [3].

Core Insights - Element Fleet Management Corp. reported a strong financial performance for Q2 2025, with net revenue increasing by 6% year-over-year to $290 million, driven by higher services and net financing revenue despite a $10 million negative impact from foreign currency translation [4][6][7]. Financial Performance - Net revenue for Q2 2025 was $290 million, up from $275.7 million in Q1 2025 and $274.6 million in Q2 2024, reflecting a 5% increase quarter-over-quarter and a 6% increase year-over-year [3][4]. - Pre-tax income rose to $143.5 million in Q2 2025, a 5% increase from Q1 2025 and Q2 2024 [3][4]. - Adjusted operating income (AOI) was $161.9 million, marking a 6% increase year-over-year and a 7% increase quarter-over-quarter [3][4][18]. - Adjusted EPS (diluted) increased to $0.30, representing an 8% rise from Q1 2025 and a 7% rise from Q2 2024 [3][4][22]. Revenue Breakdown - Services revenue grew by 8% year-over-year to $151 million, although it decreased by 1% quarter-over-quarter [9][10]. - Net financing revenue increased by 4% year-over-year to $127 million, with a significant 14% increase quarter-over-quarter [10][11]. - Syndication revenue remained stable at $12 million, despite a 44% decrease in syndication volume year-over-year [12][13]. Operating Expenses - Adjusted operating expenses for Q2 2025 were $128 million, a 5% increase year-over-year, primarily due to higher general and administrative costs [16][17]. - The adjusted operating margin improved to 55.8%, up from 54.7% in Q1 2025 and 55.7% in Q2 2024 [3][4][18]. Originations and Order Pipeline - The company originated $1.9 billion in assets during Q2 2025, a 4% decrease year-over-year but a 26% increase quarter-over-quarter [19][20]. - The global committed order pipeline stood at $1.7 billion at the end of June 2025, indicating strong client demand [4][20]. Shareholder Returns - Element returned $61 million to shareholders in Q2 2025 through dividends and share repurchases [22]. - A quarterly cash dividend of CAD$0.13 per common share was declared for Q3 2025, payable on October 15, 2025 [23][24]. Leverage and Financial Ratios - The debt-to-capital ratio was reported at 76.1% as of June 30, 2025, up from 74.1% at the end of 2024, with a target range of 73% to 77% [27].

Core Insights - Element Fleet Management has launched a new division called Element Mobility to enhance its leadership in fleet and mobility innovation [2][3] - The division aims to develop next-generation fleet technologies and maintain Element's role in shaping intelligent mobility [2][5] Company Overview - Element Fleet Management is the largest publicly traded pure-play automotive fleet manager globally, with operations in North America, Australia, New Zealand, and Ireland [6] - The company focuses on delivering scalable, sustainable, and technology-enabled fleet and mobility solutions [6] Strategic Initiatives - Element Mobility will serve as a platform for innovation, strategic collaboration, and the development of scalable, technology-first solutions [3][5] - The division includes an innovation lab that will focus on breakthrough technologies such as autonomous fleets, robotics, drones, and AI [4][5] - Element's recent acquisition of Autofleet and partnership with Samsara are key components of this initiative, enhancing its technological capabilities [3][4] Leadership and Vision - Kobi Eisenberg has been appointed as the President of Element Mobility, emphasizing the need to stay ahead of industry evolution [3] - The division is designed to drive internal change and foster partnerships with established leaders and emerging companies to provide advanced solutions [4]

Core Insights - Element Fleet Management Corp. is the largest publicly traded pure-play automotive fleet manager globally [3] - The company will announce its Q2 2025 financial results on August 6, 2025, after market close [1] - A conference call and webcast for investors and analysts will take place on August 7, 2025, at 8:00 a.m. Eastern Time [1][2] Company Overview - Element Fleet Management provides a comprehensive range of sustainable and intelligent mobility solutions aimed at optimizing fleet performance [3] - The company's services include vehicle acquisition, maintenance, route optimization, risk management, and remarketing, as well as advising on decarbonization and electric vehicle integration [3] - Element leverages its scale and expertise to help clients reduce operating costs and enhance efficiency [3]

Core Insights - Element Fleet Management Corp. released its 2025 Sustainability Report, highlighting its commitment to sustainable practices that enhance long-term resilience and stakeholder value [1][2] Sustainability Initiatives - The report emphasizes Element's dedication to sustainability through accountability, transparency, and meaningful actions, aiming to support clients in achieving their sustainability goals [2][4] - Element's near-term science-based targets were validated by the Science Based Targets initiative (SBTi), aligning its decarbonization initiatives with global best practices [7] - The company surpassed its Scope 1 and 2 reduction targets ahead of schedule, demonstrating a disciplined approach to climate action [7] Governance and Transparency - Element strengthened its sustainability governance and disclosure practices, maintaining a CDP Climate score of B for the second consecutive year [7] - The company enhanced alignment with leading sustainability reporting frameworks, laying the groundwork for future regulatory readiness [7] Inclusion and Belonging - Element fostered inclusion and belonging through team member-led Business Resource Groups and enterprise-wide engagement initiatives [7] Company Overview - Element Fleet Management is the largest publicly traded pure-play automotive fleet manager globally, providing scalable, sustainable, and technology-enabled fleet and mobility solutions [6] - The company operates across North America, Australia, New Zealand, and Ireland, with a growing global footprint through its technology platform Autofleet [6] - Element combines fleet management expertise with advanced digital capabilities to maximize cost efficiency and vehicle productivity for clients [6]

Core Points - Element Fleet Management Corp. confirmed the election of all ten nominees as directors at the Annual Meeting of Shareholders held on May 2, 2025, with a total of 349,202,443 common shares represented, approximately 86.53% of the outstanding shares [1][2] - Shareholders showed strong support for the directors, with voting results indicating high approval rates, such as 99.99% for Attanasio and 99.34% for Virginia Addicott [2] - An advisory resolution on executive compensation was approved with 97.51% of votes cast in favor, and Ernst & Young LLP was re-appointed as the Company's independent auditors [2] Company Overview - Element Fleet Management is the largest publicly traded pure-play automotive fleet manager globally, providing a full range of sustainable and intelligent mobility solutions [4] - The Company addresses various aspects of fleet management, including vehicle acquisition, maintenance, route optimization, risk management, and decarbonization efforts [4] - Element's expertise allows clients to benefit from economies of scale, reducing operating costs and enhancing efficiency and performance [4]

Core Insights - Element Fleet Management Corp. reported solid financial results for Q1 2025, demonstrating resilience in uncertain market conditions with a 5% year-over-year increase in net revenue [3][7][10] - The company effectively navigated challenges posed by global trade tensions, maintaining strong client demand and a global order backlog of $2 billion [3][6][25] - Adjusted operating income and margins improved, reflecting operational efficiency and effective cost management strategies [20][21][18] Financial Performance - Net revenue for Q1 2025 was $275.7 million, up 5% from Q1 2024, with adjusted net revenue also reflecting a 5% increase [2][3] - Pre-tax income rose to $136.5 million, a 12% increase quarter-over-quarter and an 11% increase year-over-year [2][3] - Adjusted EPS for Q1 2025 was $0.28, representing an 8% increase from the previous year [2][3][37] Revenue Breakdown - Services revenue increased by 4% year-over-year to $152 million, with a 9% growth when excluding certain items from Q1 2024 [10][11] - Net financing revenue grew by 4% year-over-year, driven by strong financing income despite foreign exchange impacts [12][13] - Syndication volume increased by 21% year-over-year, although it saw a significant decrease quarter-over-quarter due to a bulk sale of a lease portfolio [14][15] Operating Expenses and Margins - Adjusted operating expenses rose by 5% year-over-year to $125 million, with a moderation in growth expected to continue through 2025 [18][19] - Adjusted operating margin for Q1 2025 was 54.7%, unchanged year-over-year, but improved when excluding the impact of prior year items [21][20] Shareholder Returns - The company returned $77 million to shareholders in Q1 2025 through dividends and share repurchases [25][26] - A quarterly cash dividend of CAD$0.13 per common share was declared for Q2 2025, payable on July 15, 2025 [26][27] Strategic Initiatives - Element's strategic focus on client success and operational resilience has positioned it well to adapt to market uncertainties [6][3] - The company plans to be more active under its normal course issuer bid, with approval to purchase up to 40.4 million common shares [27][28] Balance Sheet and Leverage - As of March 31, 2025, the debt-to-capital ratio was 74.9%, reflecting a slight increase from the previous year [30][34] - The company maintains a strong investment-grade balance sheet, targeting a debt-to-capital range between 73% to 77% [30][34]