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General Finance Corp  (GFN)
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    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services

General Finance Corp

Business Description


General Finance Corp is a publicly-traded company that provides leasing and specialty transport services. The company was founded in 2005 and is headquartered in Pasadena, California. It has operations in the United States, Canada, Mexico, Australia, and New Zealand.

General Finance Corp operates in two main business segments: the Portable Storage segment and the Liquid Storage segment. The Portable Storage segment provides rental of storage containers and mobile office products. These products are used for a range of applications, including construction sites, industrial facilities, and event venues. The Liquid Storage segment provides rental of tanks and containers for temporary storage and transportation of liquids and other hazardous materials.

The company has a diverse customer base that includes businesses in the construction, oil and gas, government, and education sectors. It also provides services to individuals who require temporary storage solutions for personal use.

General Finance Corp has a strong financial performance record, with consistent revenue growth and profitability. In 2020, the company reported a total revenue of $364 million, an increase of 10.1% from the previous year. Its net income was $12.4 million, compared to a net loss of $14.4 million in 2019.

The company*s success is driven by its commitment to innovation and customer service. It has invested heavily in developing new products and services, such as its proprietary Guardian Locking System, which provides enhanced security for rental containers. General Finance Corp also maintains a large fleet of equipment and employs a team of highly skilled technicians to ensure that its products are always in excellent condition for customers.

In addition to its financial performance, General Finance Corp is committed to sustainability and corporate social responsibility. The company has implemented several initiatives to reduce its carbon footprint and promote environmentally responsible practices. It also supports various charitable organizations and community programs through its philanthropic efforts.

Overall, General Finance Corp is a well-established and reputable provider of leasing and specialty transport services. With its strong financial performance, ongoing commitment to innovation and sustainability, and customer-centric approach, it is poised for continued success in the years ahead.



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