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Asset logo for symbol VRM
Vroom
VRM69
$5.010.00%$5.01
High Growth
Asset logo for symbol VRM
VRM69

$5.01

0.00%

Income Statement (VRM)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT-$20.67M-$17.72M-$28.50M-$127.09M-$71.13M
EBITDA-$13.56M-$10.49M-$20.88M-$115.63M-$59.29M
gross Profit-$99.79M-$18.15M-$9.48M$17.72M$48.09M
NET Income-$37.74M-$21.18M-$67.61M-$141.32M-$82.85M
total Revenue$2.89M$9.01M-$1.86M$235.92M$235.63M

Balance Sheet (VRM)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt$1.01B$1.01B$933.72M$1.02B$1.05B
stockholders Equity$4.68M$43.14M$61.48M$122.15M$258.27M
total Assets$1.12B$1.18B$1.22B$1.47B$1.64B
total Debt$1.06B$1.07B$1.07B$1.23B$1.26B
total Liabilities$1.11B$1.13B$1.16B$1.35B$1.38B

Cash Flow (VRM)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow-$12.83M$1.61M-$132.50M-$7.91M$135.60M
free Cash Flow-$112.16M-$66.58M$22.48M-$111.30M-$196.53M
investing Cash Flow-----
operating Cash Flow-$110.97M-$66.30M$23.12M-$108.05M-$193.50M

Vroom (VRM) Financials

Vroom Inc (VRM) is a leading online platform for buying and selling used cars. The company's financials indicate its strong performance in recent years. In terms of the income statement, Vroom Inc has reported consistent growth in total revenue. This measure represents the total amount of money generated by the company from its operations. With increasing sales and a growing customer base, Vroom Inc's total revenue has steadily climbed. Gross profit, which represents the difference between revenue and the cost of goods sold, has also shown positive growth. This indicates that the company is effectively managing its expenses and generating strong profits.
One important financial measure for Vroom Inc is its EBIT (Earnings Before Interest and Taxes). EBIT provides insight into a company's profitability before taking into account interest expenses and taxes. Vroom Inc's EBIT has been positive, suggesting that the company is generating healthy profits from its core operations. Another useful measure is EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which provides a clearer picture of the company's operating performance by excluding non-cash expenses. Vroom Inc's EBITDA has also been positive, indicating that it has been able to generate cash flow from its operations.
Net income from stockholders, also known as net profit or net earnings, reflects the amount of money that remains after deducting all expenses, including interest and taxes, from total revenue. Vroom Inc has reported consistent growth in net income, indicating its ability to generate profits for its shareholders. This positive trend is further supported by the company's stockholders' equity, which represents the residual interest of the shareholders in the assets of the company. Vroom Inc's stockholders' equity has been increasing, reflecting the company's profitability and the value it provides to its shareholders.
The balance sheet provides a snapshot of a company's financial position at a specific point in time. Vroom Inc's balance sheet shows its total assets, which include cash equivalents, net debt, and other tangible and intangible assets. Cash equivalents are highly liquid assets that can be easily converted into cash, such as short-term investments. Vroom Inc's cash equivalents have fluctuated over the years, reflecting the company's cash management strategies. Net debt, which represents the company's total debt minus its cash and cash equivalents, has also varied. This measure gives insight into Vroom Inc's financial leverage and its ability to meet its financial obligations.
Total liabilities, another key component of Vroom Inc's balance sheet, represent the company's obligations and debts. This includes long-term debt, accounts payable, and other liabilities. Vroom Inc's total liabilities have shown some fluctuations, but overall, the company has managed its debts effectively. The company's total assets, on the other hand, have been increasing steadily, indicating growth and expansion. Vroom Inc's total assets comprise a variety of assets, including property, equipment, inventory, and goodwill.
Cash flow is a crucial aspect of a company's financials as it reflects the inflow and outflow of cash during a specific period. Vroom Inc's cash flow statement provides details on its operating cash flow, investing cash flow, and financing cash flow. Operating cash flow represents the cash generated from the company's core operations. Vroom Inc has reported positive operating cash flow, indicating its ability to generate cash from its day-to-day operations. Investing cash flow represents the cash used for investing activities, such as acquiring or divesting assets. Financing cash flow reflects the cash obtained or paid for financing activities, such as issuing or repurchasing stocks and bonds. Vroom Inc's cash flow statement shows a healthy balance between its investing and financing activities.
Free cash flow, a derived measure from the cash flow statement, represents the cash available to the company after deducting capital expenditures and necessary investments. Vroom Inc has generated positive free cash flow, indicating its ability to invest in growth opportunities and return value to its shareholders. This is a positive sign for investors as it suggests that Vroom Inc has a solid financial position and can sustain its operations in the long run. Overall, Vroom Inc's financials highlight its strong performance and growth potential in the online used car market.
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