NASDAQ$VRM

Vroom Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced record Ecommerce gross profit per unit and improved adjusted EBITDA from the prior quarter.

Vroom, Inc. announced financial results for the second quarter ended June 30, 2022, featuring a record Ecommerce gross profit per unit of $3,629 and improvements in adjusted EBITDA and net loss.

  • Ecommerce gross profit per unit increased by 106% to $3,629.
  • SG&A expenses decreased by $35.0 million.
  • Net loss improved from $310.5 million to $115.1 million.
  • Adjusted EBITDA loss improved from $107.4 million to $85.6 million.

Headline financials

Total Revenue

$475M

Previous: $762M-37.6%
EPS (adj)

-$66.40

Previous: -$38.40-72.9%
Capital Expenditures

-$16M

Previous: -$8.94M-79.4%
Free Cash Flow

-$131M

Previous: -$74.8M-75.4%
Net Income

-$115M

Previous: -$65.8M-74.9%
Operating Income

-$100M

Previous: -$63.8M-56.8%
Gross Profit

$66.4M

Previous: $63.1M+5.1%
Cash & Equivalents

$533M

Previous: $1.46B-63.6%
Total Assets

$2.14B

Previous: $2.42B-11.5%
Stock-Based Comp

$1.78M

No prior period

Revenue & EPS history

Vroom · Revenue · Quarterly

$475M

Q2 2022-37.6%vs Q2 2021
Beat estimate in 2 of 11 quarters(18%)
ActualEstimate

Revenue by segment

Vroom · $405M total across 2 segments · Q2 2022

  • Ecommerce
    $322M-44.5%
  • Wholesale
    $82.9M-35.3%

Forward guidance

Vroom is continuing to forecast year-end liquidity of approximately $500 million at the midpoint.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 3 quarterly earnings reports

Historical avg

-10.0%

Avg return

Earnings day

-5.7%

Avg return

5 days after

+7.1%

Avg return

30 days after

22%

5 / 23 earnings

Positive

+32.0%

Q4 2023

Best reaction

-47.6%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.5%-10.2%
Q3 2025+2.5%-13.7%+2.5%
Q2 2025-5.0%-3.9%-1.7%
Q1 2025-3.1%-8.6%-5.2%
Q4 2024+0.5%+8.3%+32.6%
Q3 2024-18.3%
Q2 2024-26.1%
Q1 2024-3.3%
Q4 2023+32.0%
Q3 2023-23.8%
Q2 2023-30.8%
Q1 2023-2.0%
Q4 2022-1.0%
Q3 2022+11.3%
Q2 2022-31.5%
Q1 2022-8.1%
Q4 2021-47.6%
Q3 2021+7.8%
Q2 2021-21.1%
Q1 2021-2.1%
Q4 2020-34.0%
Q3 2020-7.3%
Q2 2020-13.0%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro