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News and Announcements

LatAm Autos Investment Highlights

  • Published October 26, 2016 2:12PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

26th October 2016, ASX Announcement

LatAm Autos Limited (ASX: LAA) (“LatAm Autos” or the “Company”), the leading online auto classifieds business in Latin America, is pleased to release a new investor presentation attached to this announcement following the release of MotorCredit today. The presentation outlines a compelling investment case which will be presented today at the Wholesale Investor conference in Melbourne, Australia.

Highlights

  • The leading dedicated online auto-classifieds and content platform in Latin America (ex Brazil) with operations in six countries
  • Accelerating path to profitability with near term visibility of A$30m p.a. revenue from both core auto-classifieds and related revenue streams
  • Highly credentialed and well aligned Board and management team (shareholding of c. 42%)
  • Investment has been made in scalable technology platform so marginal revenue expected to be increasingly profitable
  • Increasing internet penetration and regional GDP per capita growth underpin rapid growth of the Latin American auto-classifieds industry
  • Management team has unrivalled experience in founding, developing and monetising online classifieds businesses in Latin America

To view the full announcement, please click on the button below.

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