← Vroom, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $0 | $1.2b | $1.4b | $3.2b | $1.9b | $893.2m | $168.8m | $157.5m | |
| Cost of Revenue | — | $1.1b | $1.3b | $3.0b | $1.7b | $731.3m | $151.0m | $140.9m | |
| Reconciled Cost Of Revenue | — | — | — | $3.0b | $1.7b | $730.5m | — | — | |
| Gross Profit | — | $57.9m | $71.5m | $202.1m | $244.8m | $161.9m | $17.9m | $16.7m | |
| Operating expenses: | |||||||||
| Other Operating Expenses | — | — | — | — | — | $19.6m | $15.1m | — | |
| Operating Income (Loss) | — | ($133.1m) | ($178.6m) | ($358.6m) | ($571.8m) | ($270.2m) | ($72.2m) | ($405k) | |
| Additional Financial Items | |||||||||
| Amortization of Intangible Assets | — | — | — | $6.1m | $25.3m | $27.0m | $27.0m | $1.8m | |
| Gain (Loss) on Investments | — | — | — | — | — | — | ($119.9m) | ($97.3m) | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $201.7m | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | ($370.6m) | ($472.2m) | ($365.5m) | ($138.6m) | ($54.5m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | ($76) | ($10) | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | ($76) | ($10) | |
| Interest Income, Operating | — | — | — | — | — | — | $201.8m | $171.7m | |
| Investment Income, Interest | — | $5.6m | $5.9m | $10.3m | $19.4m | $21.2m | — | — | |
| Interest income | ($3.1m) | ($5.6m) | ($5.9m) | ($10.3m) | ($19.4m) | ($21.2m) | $201.8m | $171.7m | |
| Warehouse credit facility | — | — | — | — | — | $19.9m | $29.3m | $17.6m | |
| Securitization debt | — | — | — | — | — | $22.0m | $30.1m | $33.0m | |
| Net interest income | — | — | — | — | ($21.3m) | $136.6m | $142.5m | $121.1m | |
| Realized and unrealized losses, net of recoveries | — | — | — | — | — | $122.5m | $119.9m | $97.3m | |
| Net interest income (loss) after losses and recoveries | — | — | — | — | — | $14.0m | $22.6m | $23.8m | |
| Servicing income | — | — | — | — | — | $10.0m | $6.5m | $4.7m | |
| Warranties and GAP income (loss), net | — | — | — | — | — | $5.7m | ($2.6m) | $14.5m | |
| CarStory revenue | — | — | — | — | — | $12.4m | $11.6m | $6.9m | |
| Gain on debt extinguishment | — | — | — | — | ($164.7m) | ($37.9m) | — | — | |
| Other income | — | — | — | — | — | $9.1m | $10.8m | $10.4m | |
| Compensation and benefits | — | — | — | — | — | $86.7m | $97.3m | $70.2m | |
| Professional fees | — | — | — | — | — | $14.6m | $12.0m | $11.9m | |
| Depreciation and amortization | $6.9m | $6.0m | $4.6m | $12.9m | $38.3m | $42.8m | $29.1m | $3.4m | |
| Impairment charges | — | — | — | — | $211.9m | $48.7m | $5.2m | $4.2m | |
| Loss from continuing operations before reorganization items and provision for income taxes | — | — | — | — | — | ($84.5m) | ($131.8m) | ($53.8m) | |
| (Loss) income from continuing operations before provision for income taxes | ($84.9m) | ($142.8m) | ($202.7m) | ($370.2m) | ($471.6m) | ($364.9m) | ($137.4m) | ($53.8m) | |
| Provision for income taxes from continuing operations | $229k | $168k | $84k | $754k | ($19.7m) | $615k | $856k | $294k | |
| Net income (loss) from continuing operations | — | — | — | — | — | ($85.1m) | ($138.2m) | ($54.0m) | |
| Net income (loss) from discontinued operations | — | — | — | — | — | ($279.5m) | ($26.9m) | $996k | |
| Net (loss) income | ($85.2m) | ($143.0m) | ($202.8m) | ($370.9m) | ($451.9m) | ($365.5m) | ($165.1m) | ($53.0m) | |
| Depreciation Amortization Depletion Income Statement | — | — | — | — | $38.3m | $29.1m | $29.1m | $3.4m | |
| Depreciation And Amortization In Income Statement | — | — | — | — | $38.3m | $29.1m | $29.1m | $3.4m | |
| Diluted EPS | — | — | — | — | ($262.40) | ($209.17) | ($91.07) | ($10.24) | |
| Diluted NI Availto Com Stockholders | — | ($275.7m) | ($202.8m) | ($370.9m) | ($451.9m) | ($364.6m) | ($165.1m) | ($53.0m) | |
| Impairment Of Capital Assets | — | — | — | $0 | $211.9m | $48.7m | — | — | |
| Interest Income Non Operating | — | — | — | — | $19.4m | $178.5m | $201.8m | $171.7m | |
| Net Income From Continuing And Discontinued Operation | — | ($275.7m) | ($202.8m) | ($370.9m) | ($451.9m) | ($364.6m) | ($165.1m) | ($53.0m) | |
| Net Income From Continuing Operation Net Minority Interest | — | — | — | — | ($451.9m) | ($84.6m) | ($138.2m) | ($54.0m) | |
| Normalized EBITDA | — | — | — | — | ($345.0m) | ($45.4m) | ($32.4m) | $7.1m | |
| Normalized Income | — | — | — | — | ($406.7m) | ($122.2m) | ($129.8m) | ($50.8m) | |
| Other Gand A | — | — | — | — | $173.2m | $14.6m | $12.0m | $11.9m | |
| Other Special Charges | — | — | — | — | ($164.7m) | ($37.9m) | — | — | |
| Reconciled Depreciation | — | — | — | — | $38.7m | $29.1m | $29.1m | $3.4m | |
| Rent And Landing Fees | — | — | — | $17.4m | $23.4m | $18.0m | — | — | |
| Restructuring And Mergern Acquisition | — | — | — | — | — | $0 | $5.6m | $0 | |
| Salaries And Wages | — | — | — | — | $251.2m | $86.7m | $97.3m | $70.2m | |
| Selling General And Administration | — | — | — | — | $566.4m | $101.3m | $109.3m | $82.1m | |
| Special Income Charges | — | — | — | — | ($47.2m) | $37.9m | ($10.7m) | ($4.2m) | |
| Tax Effect Of Unusual Items | — | — | — | — | ($2.0m) | $288k | ($2.3m) | ($873k) | |
| Tax Provision | — | — | — | — | ($19.7m) | $123k | $856k | $294k | |
| Tax Rate For Calcs | — | — | — | — | $0 | $0 | $0 | $0 | |
| Write Off | — | — | — | — | — | $0 | $5.2m | $4.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($84.9m) | ($142.8m) | ($202.7m) | ($370.2m) | ($471.6m) | ($364.9m) | ($137.4m) | ($53.8m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | ($138.2m) | ($54.0m) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | ($26.9m) | $996k | |
| Total noninterest income | — | — | — | — | — | $75.1m | $26.4m | $36.4m | |
| Total Unusual Items | — | — | — | — | ($47.2m) | $37.9m | ($10.7m) | ($4.2m) | |
| Total Unusual Items Excluding Goodwill | — | — | — | — | ($47.2m) | $37.9m | ($10.7m) | ($4.2m) | |
| Pre-Tax Income | — | — | — | — | ($471.6m) | ($84.5m) | ($137.4m) | ($53.8m) | |
| Net Income Continuous Operations | — | — | — | — | ($451.9m) | ($84.6m) | ($138.2m) | ($54.0m) | |
| Net Income Discontinuous Operations | — | — | — | — | — | ($280.0m) | ($26.9m) | $996k | |
| Net Income (Loss) Attributable to Parent | ($85.2m) | ($143.0m) | ($202.8m) | ($370.9m) | ($451.9m) | ($365.5m) | ($165.1m) | ($53.0m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | ($275.7m) | ($202.8m) | ($370.9m) | ($451.9m) | ($364.6m) | ($165.1m) | ($53.0m) | |
| Net Income Including Noncontrolling Interests | — | ($275.7m) | ($202.8m) | ($370.9m) | ($451.9m) | ($364.6m) | ($165.1m) | ($53.0m) | |
| Earnings Per Share, Basic | — | — | — | — | ($3.28) | ($209.70) | ($91.07) | ($10.24) | |
| Earnings Per Share, Diluted | — | — | — | — | ($3.28) | ($209.70) | ($91.07) | ($10.24) | |
| Net (loss) income per share attributable to common stockholders, continuing operations, basic | — | — | — | — | — | ($49) | ($76) | ($10) | |
| Net (loss) income per share attributable to common stockholders, Discontinued operations, basic | — | — | — | — | — | ($160) | ($15) | $0 | |
| Net (loss) income per share attributable to common stockholders, continuing operations, diluted | — | — | — | — | — | ($49) | ($76) | ($10) | |
| Net (loss) income per share attributable to common stockholders, Discontinued operations, diluted | — | — | — | — | — | ($160) | ($15) | $0 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | 137.9m | 1.7m | 1.8m | 5.2m | |
| Basic Average Shares | — | — | — | — | $1.7m | $1.7m | $1.8m | $5.2m | |
| Diluted Average Shares | — | — | — | — | $1.7m | $1.7m | $1.8m | $5.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | 137.9m | 1.7m | 1.8m | 5.2m | |
| Selling, General and Administrative Expense | — | $185.0m | $245.5m | $547.8m | $566.4m | $340.7m | — | — | |
| Other Nonoperating Income (Expense) | — | $96k | $114k | $65k | ($43.2m) | ($108.3m) | — | — | |
| Cost, Depreciation and Amortization | — | — | — | $300k | $400k | $700k | — | — | |
| Labor and Related Expense | — | — | — | — | — | — | $97.3m | $70.2m | |
| Software and IT costs | — | — | — | — | — | $19.6m | $15.1m | $11.9m | |
| Other expenses | — | — | — | — | — | $17.7m | $16.3m | $9.8m | |
| Interest Expense | — | $14.6m | $9.7m | $21.9m | $40.7m | $45.4m | $65.2m | $53.3m | |
| Interest Expense, Debt | — | — | — | — | — | — | $5.8m | $2.8m | |
| Interest expense on corporate debt | — | — | — | — | — | $6.0m | $5.8m | $2.8m | |
| Current Income Tax Expense (Benefit) | — | $168k | $84k | $754k | $4.2m | $615k | $856k | $294k | |
| General And Administrative Expense | — | — | — | — | $447.7m | $101.3m | $109.3m | $82.1m | |
| Interest Expense Non Operating | — | — | — | — | $40.7m | $47.9m | $65.2m | $53.3m | |
| Net Non Operating Interest Income Expense | — | — | — | — | ($21.3m) | $130.6m | $136.6m | $118.3m | |
| Operating Expense | — | — | — | — | $604.7m | $130.4m | $138.4m | $85.4m | |
| Other Income Expense | — | — | — | — | ($90.4m) | ($97.1m) | ($147.2m) | ($93.5m) | |
| Other Non Operating Income Expenses | — | — | — | — | ($43.2m) | ($135.0m) | ($136.5m) | ($89.4m) | |
| Rent Expense Supplemental | — | — | — | $17.4m | $23.4m | $18.0m | — | — | |
| Selling And Marketing Expense | — | — | — | $211.3m | $118.7m | $56.9m | — | — | |
| Interest Income (Expense), Net | — | — | — | — | — | — | $142.5m | $121.1m | |
| Total expenses | — | — | — | — | $2.3b | $173.6m | $180.8m | $114.0m | |
| Total interest expense | — | — | — | — | — | $41.9m | $59.4m | $50.5m | |
| Income Tax Expense (Benefit) | $229k | $168k | $84k | $754k | ($19.7m) | $615k | $856k | $294k |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.