VRM Q1 2023 Earnings — Vroom, Inc. Revenue & Financial Results | Market Cap Arena

VRMVroom, Inc.

$79M

Q1 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$196M-78.7% YoY

Gross Profit

$39M19.8% margin

Operating Income

-$68M-34.7% margin

Net Income

-$75M-38.2% margin

EPS (Diluted)

$-43.34

QoQ Revenue Growth

-6.2%

Cash Flow

Operating Cash Flow

-$85M

Free Cash Flow

-$86M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.2B

Stockholders' Equity

$402M

Cash & Equivalents

$317M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$196M	$924M	-78.7%
Gross Profit	$39M	$82M	-52.5%
Operating Income	-$68M	-$316M	+78.4%
Net Income	-$75M	-$310M	+75.8%

Revenue Segments

Retail Vehicle

$135M69%

Finance

$32M16%

Wholesale Vehicle

$14M7%

Product

$12M6%

Other Revenue

$4M2%