VRM Q2 2023 Earnings — Vroom, Inc. Revenue & Financial Results | Market Cap Arena

VRMVroom, Inc.

$79M

Q2 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$54M-88.7% YoY

Gross Profit

$44M82.0% margin

Operating Income

-$53M-98.3% margin

Net Income

-$66M-123.4% margin

EPS (Diluted)

$-38.13

QoQ Revenue Growth

-72.8%

Cash Flow

Operating Cash Flow

-$147M

Free Cash Flow

-$148M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.3B

Stockholders' Equity

$338M

Cash & Equivalents

$238M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$54M	$475M	-88.7%
Gross Profit	$44M	$66M	-33.9%
Operating Income	-$53M	-$100M	+47.4%
Net Income	-$66M	-$115M	+42.6%

Revenue Segments

Retail Vehicle

$137M61%

Finance

$42M19%

Wholesale Vehicle

$31M14%

Product

$12M5%

Other Revenue

$4M2%