Company Overview of LoyaltyOne, Co.
LoyaltyOne, Co. provides designing and implementation of coalition loyalty programs, customer analytics, and loyalty services. It offers AIR MILES Reward Program, a coalition loyalty program. Additionally, the company provides digital, mobile, and direct marketing; merchandising, marketing, and store operations analytics; retail program development; operational planning; business development support; and strategic counseling services. It also owns and operates COLLOQUY a publishing, education and research practice. The company was founded in 1991 and is based in Toronto, Canada with additional offices in Mississauga, Calgary, and Montreal, Canada. LoyaltyOne, Co. operates as a subsidiary of ...
438 University Avenue
Toronto, ON M5G 2L1
Founded in 1991
Key Executives for LoyaltyOne, Co.
Chief Financial Officer and Senior Vice President
Chief Operating Officer and Senior Vice President
Managing Director for India
President of LoyaltyOne US
Compensation as of Fiscal Year 2014.
LoyaltyOne, Co. Key Developments
Metro Inc. and LoyaltyOne, Co. Signs New Multi-Year Agreement
Jan 15 15
Metro Inc. and LoyaltyOne, Co. have signed a new multi-year agreement that extends their partnership for the Ontario market, excluding Thunder Bay. Metro customers will continue to earn AIR MILES reward miles in Ontario and take advantage of the program's broad reward portfolio, including the AIR MILES Cash feature.
RONA Inc. and LoyaltyOne, Co. Sign Multi Year Renewal Agreement
Jul 2 14
RONA Inc. and LoyaltyOne, Co., owner of the AIR MILES Reward Program announced that they have entered into a multi-year renewal of their long-standing arrangements which allow RONA to issue AIR MILES reward miles and accept AIR MILES Cash redemptions at more than 500 stores across Canada that operate under RONA banners. AIR MILES Collectors earn reward miles on all purchases made at RONA retail banners at a rate of 1 reward mile for every $20 spent, and can take advantage of bonus offers and promotional multipliers on products at more than 500 RONA retail stores. All holders of RONA commercial or consumer credit cards can double their AIR MILES reward miles every time they use their cards. AIR MILES Collectors who have opted-in to the AIR MILES Cash feature can also instantly redeem their reward miles at the cash register at a rate of 95 reward miles for $10 off their purchases.
LoyaltyOne, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2013
Feb 6 14
LoyaltyOne, Inc. reported unaudited earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported adjusted EBITDA of $67.5 million on revenue of $245.1 million compared to adjusted EBITDA of $56.8 million on revenue of $216.0 million reported a year ago. Operating income was $60.0 million compared to $49.6 million reported a year ago. Revenue increased 13%, driven by higher redemption activity. Excluding the effects of unfavorable Canadian exchange rates, revenue increased 20% compared to the fourth quarter of 2012. Adjusted EBITDA increased 19% due to higher margins on redemptions, favorable operating leverage and a $3 million reduction in losses associated with international expansion efforts. Excluding the effects of unfavorable Canadian exchange rates, adjusted EBITDA increased 26% compared to the fourth quarter of 2012.
For the year, the company reported adjusted EBITDA of $258.5 million on revenue of $919.5 million compared to adjusted EBITDA of $236.1 million on revenue of $919.0 million reported a year ago. Operating income was $229.7 million compared to $207.2 million reported a year ago.
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