VRM Q1 2024 Earnings — Vroom, Inc. Revenue & Financial Results | Market Cap Arena

VRMVroom, Inc.

$79M

Q1 2024 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$49M-74.9% YoY

Gross Profit

$25M51.0% margin

Operating Income

$17M34.8% margin

Net Income

-$68M-137.4% margin

EPS (Diluted)

$-37.68

QoQ Revenue Growth

-79.1%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$22M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.2B

Stockholders' Equity

$61M

Cash & Equivalents

$91M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$49M	$196M	-74.9%
Gross Profit	$25M	$39M	-35.3%
Operating Income	$17M	-$68M	+125.1%
Net Income	-$68M	-$75M	+9.9%

Revenue Segments

Wholesale Vehicle

$140M74%

Retail Vehicle

$47M25%

Product

$2M1%