VRM Q3 2023 Earnings — Vroom, Inc. Revenue & Financial Results | Market Cap Arena

VRMVroom, Inc.

$79M

Q3 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$236M-30.9% YoY

Gross Profit

$48M20.4% margin

Operating Income

-$43M-18.0% margin

Net Income

-$83M-35.2% margin

EPS (Diluted)

$-47.45

QoQ Revenue Growth

+340.3%

Cash Flow

Operating Cash Flow

-$194M

Free Cash Flow

-$194M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.4B

Stockholders' Equity

$258M

Cash & Equivalents

$209M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$236M	$341M	-30.9%
Gross Profit	$48M	$67M	-28.6%
Operating Income	-$43M	-$78M	+45.6%
Net Income	-$83M	-$51M	-62.1%

Revenue Segments

Retail Vehicle

$148M63%

Finance

$41M17%

Wholesale Vehicle

$31M13%

Product

$13M6%

Other Revenue

$3M1%