NASDAQ$VRM

Vroom Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Vroom reported strong growth in Q4 2021, with record ecommerce units.

Vroom reported a strong fourth quarter and full year 2021, delivering record ecommerce units. Q4 2021 ecommerce unit sales were up 93% year-over-year, and ecommerce revenue increased by 159% year-over-year.

  • Ecommerce units sold increased by 93% year-over-year to 21,243.
  • Ecommerce revenue increased by 159% year-over-year to $738.7 million.
  • Ecommerce gross profit increased by 64% year-over-year to $32.9 million.
  • The company announced the acquisition of UACC.

Headline financials

Total Revenue

$934M

Previous: $406M+130.3%
EPS (adj)

-$76.00

Previous: -$220.80+65.6%
Ecommerce Units Sold

21.2K

Previous: 11.0K+92.7%
TDA Units Sold

2.1K

Previous: 1.8K+18.5%
Wholesale Units Sold

8.7K

Previous: 7.0K+24.9%
Capital Expenditures

$9.63M

Previous: $6.27M+53.5%
Free Cash Flow

-$253M

Previous: -$179M-41.5%
Net Income

-$130M

Previous: -$60.7M-114.0%
Operating Income

-$125M

Previous: -$59.4M-110.9%
Gross Profit

$44.7M

Previous: $20.1M+122.4%
Cash & Equivalents

$1.13B

Previous: $1.06B+7.2%
Total Assets

$2.37B

Previous: $1.72B+37.3%
Stock-Based Comp

$3.66M

Previous: $4.32M-15.5%

Revenue & EPS history

Vroom · Revenue · Quarterly

$934M

Q4 2021+130.3%vs Q4 2020
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Revenue by segment

Vroom · $931M total across 3 segments · Q4 2021

  • Ecommerce
    $739M+159.2%
  • Wholesale
    $122M+61.8%
  • TDA
    $70.9M+55.0%

Forward guidance

For the first quarter 2022, Vroom expects total revenues of approximately $875 million, ecommerce unit sales of 18,000 to 19,000, ecommerce gross profit per unit of approximately $1,500, and Adjusted EBITDA of approximately ($130) million.

Historical earnings impact

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

Avg. return before/after earnings

Based on 4 quarterly earnings reports

Historical avg

-10.0%

Avg return

Earnings day

-11.8%

Avg return

5 days after

+0.1%

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%-42.4%-27.8%
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

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