Vroom

Vroom, Inc. engages in providing an ecommerce platform for the buying and selling of used vehicles. The company operates through the following segments: Ecommerce, Texas Direct Auto (TDA) and Wholesale. The Ecommerce segment represents retail sales of used vehicles through its ecommerce platform and fees earned on sales of value-added products associated with those vehicles sales. The TDA segment handles retail sales of used vehicles from TDA and fees earned on sales of value-added products associated with those vehicles sales. The Wholesale segment is involved in sales of used vehicles through wholesale auctions. The company was founded by Kevin P. Westfall, Elie C. Wurtman, Allon Bloch, Mike Welch, Richard Williams and Marshall Chesrown in 2012 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Vroom focuses on cost reduction and efficiency amidst profitability challenges

Vroom's Q4 2022 performance reflects a mixed financial picture with a focus on cost reduction and operational efficiency.
While facing profitability challenges, the company's strategic strengths lie in liquidity maximization and cost optimization efforts.
Opportunities for growth and transformation exist through continued cost reduction and improving unit economics.
Navigating challenges such as GPPU pressure and profitability concerns will be key for Vroom's future financial success.

Vroom reports improved Q1 performance, eyes growth opportunities ahead

Vroom's Q1 performance reflects progress in financial metrics and operational efficiency.
Strategic initiatives to optimize cost structures and enhance liquidity position Vroom for growth.
Challenges in managing gross profit per unit and market uncertainties require strategic focus.
Opportunities lie in resuming growth, improving cost structures, and maximizing stakeholder value.

Vroom reports Q2 revenue of $225M with focus on cost reduction and growth strategies

Vroom's Q2 2023 earnings call highlights a mixed financial performance with a focus on cost reduction and strategic growth initiatives. The company aims to balance growth with financial discipline while optimizing operations for long-term success.

Vroom reports Q3 loss, focuses on efficiency and growth opportunities

Vroom's Q3 performance reflects growth in e-commerce units, improved GPPU, and operational efficiency.
Despite challenges in operating at a loss, strategic initiatives and cost reductions demonstrate progress.
Opportunities lie in scaling the business, enhancing unit economics, and leveraging data assets for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Vroom, Inc. engages in providing an ecommerce platform for the buying and selling of used vehicles. The company operates through the following segments: Ecommerce, Texas Direct Auto (TDA) and Wholesale. The Ecommerce segment represents retail sales of used vehicles through its ecommerce platform and fees earned on sales of value-added products associated with those vehicles sales. The TDA segment handles retail sales of used vehicles from TDA and fees earned on sales of value-added products associated with those vehicles sales. The Wholesale segment is involved in sales of used vehicles through wholesale auctions. The company was founded in 2012 and is headquartered in Houston, TX.

New York, New York--(Newsfile Corp. - May 14, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Vroom, Inc. (NASDAQ: VRM) between June 9, 2020 and March 3, 2021, inclusive (the "Class Period"), of the important May 21, 2021 lead plaintiff deadline.SO WHAT: If you purchased Vroom securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or...

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Vroom, Inc. Investors With Losses to Secure Counsel Before Important May 21 Deadline in Securities Class Action - VRM

New Orleans, Louisiana--(Newsfile Corp. - May 13, 2021) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 21, 2021 to file lead plaintiff applications in a securities class action lawsuit against Vroom, Inc. (NasdaqGS: VRM), if they purchased the Company's securities between June 9, 2020 and March 3, 2021, inclusive (the "Class Period"). This action is pending...

VROOM SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Vroom, Inc. - VRM

Radnor, Pennsylvania--(Newsfile Corp. - May 13, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds Vroom, Inc. (NASDAQ: VRM) ("Vroom") investors that a securities fraud class action lawsuit has been filed against on behalf of those who purchased or acquired Vroom securities between June 9, 2020 and March 3, 2021, inclusive (the "Class Period").Investor Deadline Reminder: Investors who purchased or acquired Vroom securities during the Class Period may, no...

Class Action Lawsuit Deadline: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Vroom, Inc.

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Vroom, Inc. To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - May 13, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Vroom, Inc. ("Vroom" or the "Company") (NASDAQ: VRM) and reminds investors of the May 21, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you suffered losses exceeding $50,000 investing in Vroom stock or options between...

Vroom Class Action Reminder

Los Angeles, California--(Newsfile Corp. - May 13, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Vroom, Inc. ("Vroom" or "the Company") (NASDAQ: VRM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between June 9, 2020 and March 3, 2021, inclusive (the...

UPCOMING DEADLINE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Vroom, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Vroom Inc (NASDAQ: VRM) is trading higher Thursday morning after the company reported better-than-expected first-quarter earnings results. Vroom offers an end-to-end e-commerce platform for buying and selling used cars.

Why Vroom's Stock Is Vrooming Today

Vroom, Inc. (VRM) CEO Paul Hennessy on Q1 2021 Results - Earnings Call Transcript

Radnor, Pennsylvania--(Newsfile Corp. - May 12, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed against Vroom, Inc. (NASDAQ: VRM) ("Vroom") in the United States District Court for the Southern District of New York on behalf of those who purchased or acquired Vroom securities between June 9, 2020 and March 3, 2021, inclusive (the "Class Period").Investor Deadline Reminder: ...

VRM Shareholder Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Vroom, Inc. of Deadline in Securities Fraud Class Action Lawsuit

Shares of Vroom Inc. rallied more than 12% in after-hours trading Wednesday after the online used-car retailer reported a narrower-than-expected first-quarter loss and sales that came above forecast, saying demand for its online car-buying model remains strong.

Earnings Results: Vroom stock soars after online car seller narrows quarterly loss, sales rise

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the first quarter ended March 31, 2021. HIGHLIGHTS OF FIRST QUARTER 2021 15,504 ecommerce units sold, up 96% YoY Ecommerce revenue of $422.3 million, up 81% YoY Ecommerce gross profit of $31.8 million, up 123% YoY Completed the acquisition of CarStory business Paul Hennessy, Chief Executive Officer of Vroom, commented: “Vroom delivered rec

Vroom Reports First Quarter 2021 Results

Los Angeles, California--(Newsfile Corp. - May 12, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Vroom, Inc. ("Vroom" or "the Company") (NASDAQ: VRM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between June 9, 2020 and March 3, 2021, inclusive (the...

UPCOMING DEADLINE NOTICE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Vroom, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

New York, New York--(Newsfile Corp. - May 12, 2021) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of Vroom, Inc..Shareholders who purchased shares of VRM during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/vroom-inc-loss-submission-form/?id=15742&from=5CLASS PERIOD : June 9, 2020 to March 3, 2021ALLEGATIONS:...

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Vroom, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 21, 2021 - VRM

Online, increasingly, is where the rubber meets the road. Vroom will report earnings on Wednesday (May 12) and likely will show that the connected economy is continuing to transform the way we buy cars.

Vroom Earnings Report: Turbocharged by Connected Economy?

New York, New York--(Newsfile Corp. - May 11, 2021) - The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased Vroom, Inc. ("Vroom") (NASDAQ: VRM) between June 9, 2020 and March 3, 2021.If you suffered a loss, contact us at the link below. There is no cost or obligation to you.http://www.wongesq.com/pslr

VRM LAWSUIT: The Law Offices of Vincent Wong Notify Investors of a Class Action Lawsuit Involving Vroom, Inc.

RADNOR, Pa., May 11, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds Vroom, Inc. (NASDAQ: VRM) ("Vroom") investors that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Vroom securities between June 9, 2020 and March 3, 2021 , inclusive (the "Class Period").

Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Vroom, Inc. of Deadline in Securities Fraud Class Action Lawsuit

Los Angeles, California--(Newsfile Corp. - May 11, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Vroom, Inc. ("Vroom" or "the Company") (NASDAQ: VRM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between June 9, 2020 and March 3, 2021, inclusive (the...

UPCOMING DEADLINE REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Vroom, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Vroom (VRM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Vroom (VRM)

NEW YORK, May 10, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Vroom, Inc. (NASDAQ: VRM) between June 9, 2020 and March 3, 2021, inclusive (the "Class Period"), of the important May 21, 2021 lead plaintiff deadline. SO WHAT: If you purchased Vroom securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Vroom, Inc. Investors with Losses over $100K to Secure Counsel Before Important May 21 Deadline in Securities Class Action - VRM

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Vroom, Inc. To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - May 9, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Vroom, Inc. ("Vroom" or the "Company") (NASDAQ:VRM) and reminds investors of the May 21, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you suffered losses exceeding $50,000 investing in Vroom stock or options between June...

Vroom Update

Radnor, Pennsylvania--(Newsfile Corp. - May 7, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds Vroom, Inc. (NASDAQ: VRM) ("Vroom") investors that a securities fraud class action lawsuit has been filed against on behalf of those who purchased or acquired Vroom securities between June 9, 2020 and March 3, 2021, inclusive (the "Class Period").Investor Deadline Reminder: Investors who purchased or acquired Vroom securities during the Class Period may,...

Class Action Deadline Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Vroom, Inc. Investors of Deadline in Securities Fraud Class Action Lawsuit

Los Angeles, California--(Newsfile Corp. - May 7, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Vroom, Inc. ("Vroom" or "the Company") (NASDAQ: VRM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between June 9, 2020 and March 3, 2021, inclusive (the...

INVESTOR ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Vroom, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - May 6, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Vroom, Inc. ("Vroom" or "the Company") (NASDAQ: VRM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between June 9, 2020 and March 3, 2021, inclusive (the...

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Vroom, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Headcount of Company's Local Downtown Detroit Office, Focusing on Ecommerce Tech and Design, Has Nearly Tripled Since It Opened in 2019 Headcount of Company's Local Downtown Detroit Office, Focusing on Ecommerce Tech and Design, Has Nearly Tripled Since It Opened in 2019

Online Automotive Retailer Vroom Offers Last Mile Concierge Experience to Detroit Locals

Car Buyers Within 50-Mile Radius Receive More Personalized Service, Direct to Their Driveways Car Buyers Within 50-Mile Radius Receive More Personalized Service, Direct to Their Driveways

Online Automotive Retailer Vroom Offers Last Mile Concierge Experience to Los Angeles Locals

Los Angeles, California--(Newsfile Corp. - May 5, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Vroom, Inc. ("Vroom" or "the Company") (NASDAQ: VRM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between June 9, 2020 and March 3, 2021, inclusive (the...

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Vroom, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

News for Vroom Stock (VRM)