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.

Vroom Inc (NASDAQ: VRM) shares are trading higher Tuesday after the company announced better-than-expected financial results.  Vroom said first-quarter revenue increased 56.3% year-over-year to $923.77 million, which beat the $878.13 million estimate, according to data from.

Why Vroom Shares Are Racing Higher Today

Online used car buying and selling platform Vroom has named Thomas Shortt as its new CEO as part of a business realignment plan that's focused on long-term profitable growth through cost reductions and operating improvements. Shortt looked ahead to the future of Vroom during the company's 2022 first-quarter earnings call Tuesday (May 10), with a […]

Auto eTailer Vroom Names New CEO As eCommerce Sales Spike

Vroom's cash dropped over half in Q1 with higher cash burn, but a new CEO now has a turnaround plan. VRM stock might have a chance if its new turnaround plan works, but cash burn is widening until it rebounds.

Vroom's CEO Has a Turnaround Plan After High Cash Burn in Q1

Vroom Inc (NASDAQ: VRM) reported first-quarter FY22 sales growth of 56.3% year-on-year to $923.77 million, beating the consensus of $878.13 million. Ecommerce revenue jumped 59.9% Y/Y to $675.4 million, and Ecommerce Unit Sales rose 26% Y/Y.

Why Vroom Shares Are Surging Today

Vroom (VRM) delivered earnings and revenue surprises of 31.07% and 5.59%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Vroom (VRM) Reports Q1 Loss, Tops Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Vroom 1Q 2022 Earnings Release

Vroom Exceeds Q1 Guidance Across All Key Financial Metrics; Vroom Announces Business Realignment Plan

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that its Board of Directors has appointed Tom Shortt, who previously served as the Company's Chief Operating Officer, as Chief Executive Officer and a member of Vroom's Board of Directors, effective immediately. He succeeds Paul Hennessy, who has stepped down to pursue other opportunities. Robert Mylod, the current Board Chair, will become Independent Executi

Vroom Announces Appointment of Tom Shortt as CEO

Although VRM stock has been one of the worst-performing market debuts, there is some room for contrarians to gamble. The post Vroom Is Teetering in a High-Wire Act appeared first on InvestorPlace.

Vroom Is Teetering in a High-Wire Act

Vroom (VRM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Vroom (VRM) Q1 Earnings Expected to Decline

Vroom should have enjoyed a huge 2021 during the used car boom. Instead, it piled up massive losses, putting VRM stock in grave danger.

Vroom Is Racing Off a Financial Cliff

Cummins

LCI Industries

Overall Q1 earnings for the auto sector are projected to rise 6.5% on 8.4% higher revenues, per the Earnings Trends report. CMI, VRM and LCII are a few companies likely to trump estimates.

3 Auto Stocks Positioned for Potential Q1 Earnings Beat

Although several fundamental factors theoretically help VRM stock, the lack of apparent viability of the underlying business hurts. The post Despite Recent Uptick, Vroom Lacks Pulling Power appeared first on InvestorPlace.

Despite Recent Uptick, Vroom Lacks Pulling Power

NEW YORK--(BUSINESS WIRE)--Vroom Announces Upcoming Analyst and Investor Event

Vroom Announces Upcoming Analyst and Investor Event

VRM stock has gotten cheap, but it's only liable to get cheaper as exorbitant used vehicle prices could deter wary automotive shoppers. The post It's a Terrible Time to Park Your Capital in Vroom Stock appeared first on InvestorPlace.

It's a Terrible Time to Park Your Capital in Vroom Stock

Even though VRM stock is down severely, the pain could get worse for the embattled auto retailer due to economic woes. The post Vroom Is on the Cusp of Disaster as the Economic Backdrop Bodes Poorly appeared first on InvestorPlace.

Vroom Is on the Cusp of Disaster as the Economic Backdrop Bodes Poorly

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the first quarter ending March 31, 2022, after the market closes on Monday, May 9, 2022. Vroom management will discuss these results and other information regarding the Company during a conference call and audio webcast on Tuesday, May 10, 2022 at 8:30 a.m. ET. The conference call can be accessed via telephone by

Vroom to Release First Quarter 2022 Earnings on May 9, 2022

HOUSTON--(BUSINESS WIRE)--Classic Chevrolet Welcomes Former Vroom CIO - John Rodkey as Chief Technology Officer.

Classic Chevrolet Welcomes John Rodkey as Chief Technology Officer

As Vroom struggles to make progress getting toward the point of productivity, don't get fooled by the low price of VRM stock. The post Stay Far Away From Cash Guzzler Vroom appeared first on InvestorPlace.

Stay Far Away From Cash Guzzler Vroom

VRM stock has under-performed in 2022 so far, but amid a backdrop of profound pessimism, the worst might be over for the shareholders. The post Deeply Negative Sentiment Surrounding Vroom Is Overstated appeared first on InvestorPlace.

Deeply Negative Sentiment Surrounding Vroom Is Overstated

Aterian

Vinco Ventures

Didi Global

Hycroft Mining Holding Corporation

IronNet

BitNile Holdings

RLX Technology

Uxin Ltd - ADR

Vislink Technologies Inc

Penny stocks with unusual options activity today. Are they on your watch list right now?

10 Top Penny Stocks To Watch With Unusual Options Activity Right now

For VRM stock to get significant love from Wall Street, the company has to show that it can get its spending under control. The post Don't Push the Accelerator Down on Vroom Stock Yet appeared first on InvestorPlace.

Don't Push the Accelerator Down on Vroom Stock Yet

Vroom will have a tough time staying on track as long as operational constraints persist.

It's Time to Accept the Doom and Gloom With Vroom

Carvana

When the chips are down, or at least in short supply, the connected economy suffers, at least a bit. It's well known that chips have made newer automobiles harder to come by, and so that's given a tailwind to used vehicle purchases.

Supply Chain Headwinds Continue to Pressure Online Car Marketplaces

Multiple quarters of increasing losses have investors rightfully worried.

Vroom - Hello Junk Status, Only One Way Out

Auto e-commerce site Vroom is in freefall today after a disappointing Monday earnings report. Is VRM stock a buy on the dip?

News for Vroom Stock (VRM)