See more : CyanConnode Holdings plc (CYAN.L) Income Statement Analysis – Financial Results
Complete financial analysis of Vroom, Inc. (VRM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Vroom, Inc., a leading company in the Auto – Dealerships industry within the Consumer Cyclical sector.
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Vroom, Inc. (VRM)
About Vroom, Inc.
Vroom, Inc. operates as an e-commerce used automotive retailer in the United States. It operates end-to-end ecommerce platform for buying, selling, transporting, reconditioning, pricing, financing, registering, and delivering vehicles. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was incorporated in 2012 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 893.20M | 1.95B | 3.18B | 1.36B | 1.19B | 855.43M |
| Cost of Revenue | 731.26M | 1.70B | 2.98B | 1.29B | 1.13B | 794.62M |
| Gross Profit | 161.95M | 244.79M | 202.10M | 71.55M | 57.86M | 60.81M |
| Gross Profit Ratio | 18.13% | 12.56% | 6.35% | 5.27% | 4.85% | 7.11% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 285.51M | 486.72M | 422.34M | 245.55M | 135.12M | 133.84M |
| Selling & Marketing | 56.91M | 79.67M | 125.48M | 62.39M | 49.87M | 25.56M |
| SG&A | 340.66M | 566.39M | 547.82M | 245.55M | 184.99M | 133.84M |
| Other Expenses | 91.52M | 38.29M | 12.89M | 4.60M | 6.02M | 495.00K |
| Operating Expenses | 432.17M | 604.68M | 560.71M | 250.14M | 191.01M | 140.70M |
| Cost & Expenses | 1.16B | 2.31B | 3.54B | 1.54B | 1.32B | 935.32M |
| Interest Income | 21.16M | 19.36M | 10.34M | 5.90M | 5.61M | 3.14M |
| Interest Expense | 45.45M | 40.69M | 21.95M | 9.66M | 14.60M | 8.51M |
| Depreciation & Amortization | 43.48M | 41.01M | 13.22M | 4.65M | 6.16M | 6.93M |
| EBITDA | -276.71M | -392.61M | -334.99M | -188.41M | -123.09M | -69.50M |
| EBITDA Ratio | -30.98% | -17.72% | -10.52% | -12.37% | -10.24% | -8.10% |
| Operating Income | -270.23M | -359.89M | -358.62M | -178.60M | -133.15M | -79.89M |
| Operating Income Ratio | -30.25% | -18.47% | -11.26% | -13.15% | -11.17% | -9.34% |
| Total Other Income/Expenses | -94.70M | 100.17M | -11.54M | -24.12M | -9.66M | -5.06M |
| Income Before Tax | -364.93M | -471.59M | -370.16M | -202.72M | -142.81M | -84.95M |
| Income Before Tax Ratio | -40.86% | -24.20% | -11.62% | -14.93% | -11.98% | -9.93% |
| Income Tax Expense | 615.00K | -19.68M | 754.00K | 84.00K | 168.00K | 229.00K |
| Net Income | -365.54M | -451.91M | -370.91M | -202.80M | -142.98M | -85.18M |
| Net Income Ratio | -40.92% | -23.19% | -11.65% | -14.94% | -12.00% | -9.96% |
| EPS | -209.70 | -262.15 | -217.50 | -221.20 | -1.33K | -797.85 |
| EPS Diluted | -209.70 | -262.15 | -217.50 | -221.20 | -1.33K | -797.85 |
| Weighted Avg Shares Out | 1.74M | 1.72M | 1.71M | 916.82K | 107.58K | 106.76K |
| Weighted Avg Shares Out (Dil) | 1.74M | 1.72M | 1.71M | 916.82K | 107.58K | 106.76K |
Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it plans to operate its business as a “debtor-in-possession” under the jurisdiction of the bankruptcy court.
Vroom Announces Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM) today announced financial results for the third quarter ended September 30, 2024. HIGHLIGHTS OF THIRD QUARTER 2024 $51.1 million cash and cash equivalents as of September 30, 2024 $32.9 million of liquidity available to UACC...
Vroom Announces Equity-for-Debt Recapitalization
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM), a leading automotive finance company and an AI-powered analytics and digital services platform for automotive retail, today announced that it has made the strategic decision to enter into a Restructuring Support Agreement (RSA) with...
Vroom Shifts Focus to Core Assets and Future Growth
In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and used vehicle dealership operations and released a long-term strategic plan leveraging its assets like United...
Vroom Released Long-term Strategic Plan
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM) today released an investor presentation (the “Investor Presentation”) which includes the Company's long-term strategic plan and key initiatives. A copy of the Investor Presentation is available at ir.vroom.com. On January 22, 2024, the Company...
ASIA China gloom vs Wall St vroom
A look at the day ahead in Asian markets.
Vroom Announces Second Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM) today announced financial results for the second quarter ended June 30, 2024. HIGHLIGHTS OF SECOND QUARTER 2024 $63.4 million cash and cash equivalents as of June 30, 2024 $34.0 million of liquidity available to UACC...
Vroom: Main engine of U.S. economy — consumers — showing no sign of sputtering
Don't bet against the American consumer, an old saying goes. That wisdom was borne out this spring and summer, when wagering against them would have been a mistake.
Vroom to Release Second Quarter 2024 Earnings on August 8, 2024
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM) today announced that it will release its financial results for the second quarter ending June 30, 2024, after the market closes on Thursday, August 8, 2024. About Vroom (Nasdaq: VRM) Vroom owns and operates...
Vroom! 3 EV Stocks With the Potential to Outrun the Competition.
Electric vehicles are in the news again but this time for a positive reason. In news that broke earlier in the week, German automotive giant Volkswagen (OTCMKTS: VWAGY ) will invest up to $5 billion into Rivian Automotive (NASDAQ: RIVN...
Source: https://incomestatements.info
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