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franchise services of north (FCHAF) Snapshot

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52 Week High
10/1/13 - $0.31
52 Week Low
12/27/13 - $0.0060
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franchise services of north (FCHAF) Details

Franchise Services of North America, Inc. operates as a car rental franchisor in North America. It engages in the car, van, and light truck rental business. The company also operates as an insurance agency that provides insurance products, including liability and physical damage products on their rental fleet to franchisees, automobile industry, and consumers. In addition, the company operates an association, Auto Rental Resource Center, which provides insurance discounts, and products and services to its members who operate independent vehicle rental businesses. Further, it owns and operates the Rent-A-Wreck and Practicar car rental and sales franchise system in Canada. The company is based in Ridgeland, Mississippi.

franchise services of north (FCHAF) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $154.5K
Interim Chief Financial Officer and Corporate...
Total Annual Compensation: $46.8K
Vice President, Secretary and General Counsel
Total Annual Compensation: $127.3K
Total Annual Compensation: $37.5K
Compensation as of Fiscal Year 2012.

franchise services of north (FCHAF) Key Developments

Franchise Services of North America, Inc. Announces Financial Results for the Fiscal Year Ended September 30, 2013

Franchise Services of North America, Inc. announced financial results for the fiscal year ended September 30, 2013. Revenue and the net loss for the year ended September 30, 2013 were $135,128,664 and $39,036,516, respectively, as compared to revenue of $10,606,197 and a net loss of $2,089,966 for the year ended September 30, 2012.

Franchise Services of North America, Inc. Auditor Raises 'Going Concern' Doubt

Franchise Services of North America, Inc. filed its Annual on Jun 13, 2014 for the period ending Sep 30, 2013. In this report its auditor, Horne CPA Group, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Franchise Services of North America Announces Executive Changes

FRANCHISE SERVICES OF NORTH AMERICA INC. announced that David Mitchell has resigned his position as Chief Financial Officer of the Company to pursue other opportunities. The Board of Directors has appointed Ashley Chambliss as Interim Chief Financial Officer. Mrs. Chambliss has served as the Company's Controller since November 2006 and has previously served as Interim Chief Financial Officer of the Company. Mrs. Chambliss's appointment is subject to the approval of the TSX Venture Exchange.


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