VRM Q2 2024 Earnings — Vroom, Inc. Revenue & Financial Results | Market Cap Arena

VRMVroom, Inc.

$79M

Q2 2024 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$61M+13.8% YoY

Gross Profit

$34M55.4% margin

Operating Income

$28M46.3% margin

Net Income

-$21M-34.8% margin

EPS (Diluted)

$-11.77

QoQ Revenue Growth

+23.7%

Cash Flow

Operating Cash Flow

-$66M

Free Cash Flow

-$67M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.1B

Stockholders' Equity

$43M

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$61M	$54M	+13.8%
Gross Profit	$34M	$44M	-23.2%
Operating Income	$28M	-$53M	+153.6%
Net Income	-$21M	-$66M	+67.9%

Revenue Segments

Wholesale Vehicle

$587,000100%