Nowauto Inc.
NWAU
Other OTC0.00
USD
- -
- -
Nowauto Inc.
NWAU
(Other OTC)
Recent
price
0.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- NowAuto Inc (NWAU) operates as a retailer in the used vehicle market, focusing on the buy-here-pay-here segment of independent used vehicle sales and finance in the United States. The company sells domestic and imported used vehicles, primarily 2000 and newer model years, through its dealerships; provides in-house financing via sale-type leases; and arranges vehicle insurance for customers. It maintains three retail locations in Arizona, with operations centered in the metropolitan Phoenix area. Founded in 1998 and headquartered at 2090 E University Drive #112, Tempe, Arizona, the company formerly operated as Consumer Automotive Finance Inc and NowAuto Group Inc. NowAuto targets subprime and credit-challenged consumers seeking affordable used vehicles with guaranteed financing options, supported by an online platform displaying vehicle details, history, test results, equipment, and performance data. In recent years, the company has pursued portfolio diversification through targeted acquisitions and strategic shifts, including a 2023 announcement of new acquisitions to expand beyond traditional dealership operations. It completed a name change pursuit and remains in discussions for further growth initiatives, such as potential partnerships in UAV and other sectors, while maintaining its core automotive finance focus amid low trading activity on OTC markets.