![]() ![]() ![]() The unusually warm weather in October and November has extended the peak sales period beyond the traditional summer months and well into Q4. In Q3, the momentum continued, providing YTD increases in sales (18%), EBITDA (8%) and net income (34%). As we reported in Q2, GlassMasters enjoyed a great start to their traditional spring/ summer windshield replacement season, setting record high sales in June. Management continues to pursue new opportunities in the insurance market in Western Canada, with a plan to expand to Ontario in the coming months. The trailing 12 month claims ratio was 49.5% exiting the traditionally heavy summer season for claims. Gross Written Premiums in the first 9 months of 2021 are at $3.69 million, compared to $659,000 this time last year. Strong Growth at Fortress Insurance continues. ![]()
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