Vroom is an innovative, end-to-end ecommerce platform designed to offer a better way to buy and a better way to sell used vehicles. The company's scalable, data-driven technology brings all phases of the vehicle buying and selling process to consumers wherever they are and offers an extensive selection of vehicles, transparent pricing, competitive financing, and at-home pick-up and delivery. Vroom is based in New York and Houston and also operates the Texas Direct Auto brand.
Company profile
Ticker
VRM
Exchange
Website
CEO
Tom Shortt
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
AutoAmerica, Inc.
SEC CIK
Corporate docs
Subsidiaries
AAGP, LLC • Vroom Automotive, LLC • Nations Drive, LLC • Vroom Logistics, LLC • CarStory, LLC • Vast.com, Inc. • Vast D.O.O. • Vroom Transportation Services, LLC • Vroom Finance Holdings, LLC • Vroom Finance Corporation ...
IRS number
800933679
VRM stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q1
Quarterly report
9 May 23
8-K
Vroom Announces First Quarter 2023 Results
9 May 23
ARS
2022 FY
Annual report to shareholders
28 Apr 23
DEFA14A
Additional proxy soliciting materials
28 Apr 23
DEF 14A
Definitive proxy
28 Apr 23
8-K
Other Events
26 Apr 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
14 Apr 23
S-8
Registration of securities for employees
2 Mar 23
10-K
2022 FY
Annual report
2 Mar 23
8-K
Vroom Announces Fourth Quarter and Full Year 2022 Results
28 Feb 23
Transcripts
VRM
Earnings call transcript
2023 Q1
10 May 23
VRM
Earnings call transcript
2022 Q4
1 Mar 23
VRM
Earnings call transcript
2022 Q3
8 Nov 22
VRM
Earnings call transcript
2022 Q2
9 Aug 22
VRM
Earnings call transcript
2022 Q1
10 May 22
VRM
Earnings call transcript
2021 Q4
1 Mar 22
VRM
Earnings call transcript
2021 Q3
10 Nov 21
VRM
Earnings call transcript
2021 Q2
11 Aug 21
VRM
Earnings call transcript
2021 Q1
13 May 21
VRM
Earnings call transcript
2020 Q4
4 Mar 21
Latest ownership filings
4
ROBERT J MYLOD JR
25 May 23
4
Agnieszka Zakowicz
24 May 23
144
Notice of proposed sale of securities
22 May 23
4
Agnieszka Zakowicz
22 Mar 23
4
Carol Denise Stott
22 Mar 23
4
Patricia Moran
22 Mar 23
4
Robert R. Krakowiak
22 Mar 23
4
Thomas H Shortt
22 Mar 23
4
Agnieszka Zakowicz
16 Mar 23
4
Agnieszka Zakowicz
8 Mar 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
|---|---|---|---|---|
| Revenue | ||||
| Cost of revenue | ||||
| Operating income | ||||
| Operating margin | ||||
| Net income | ||||
| Net profit margin | ||||
| Cash on hand | ||||
| Change in cash | ||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 388.71 mm | 388.71 mm | 388.71 mm | 388.71 mm | 388.71 mm | 388.71 mm |
| Cash burn (monthly) | 27.77 mm | 34.07 mm | 24.92 mm | 28.78 mm | 28.34 mm | 14.92 mm |
| Cash used (since last report) | 62.57 mm | 76.76 mm | 56.16 mm | 64.85 mm | 63.86 mm | 33.61 mm |
| Cash remaining | 326.15 mm | 311.95 mm | 332.55 mm | 323.86 mm | 324.86 mm | 355.10 mm |
| Runway (months of cash) | 11.7 | 9.2 | 13.3 | 11.3 | 11.5 | 23.8 |
Institutional ownership, Q4 2022
28.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 9 |
| Opened positions | 2 |
| Closed positions | 123 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 1.05 bn |
| Total shares | 38.96 mm |
| Total puts | 0.00 |
| Total calls | 4.15 mm |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| CGP2 Lone Star | 17.58 mm | $720.42 mm |
| Antara Capital | 12.60 mm | $0.00 |
| Managers, L.L.C. CGP2 | 8.78 mm | $328.10 mm |
| JPM JPMorgan Chase & Co. | 0.00 | $0.00 |
| Proequities | 0.00 | $0.00 |
| Group One Trading | 0.00 | $0.00 |
| Davis Selected Advisers | 0.00 | $0.00 |
| IMC-Chicago | 0.00 | $0.00 |
| Simplex Trading | 0.00 | $0.00 |
| Jane Street | 0.00 | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 25 May 23 | Mylod Robert J JR | Common Stock | Buy | Acquire P | No | No | 0.758 | 500,000 | 379.00 k | 970,138 |
| 22 May 23 | Agnieszka Zakowicz | Common Stock | Sell | Dispose S | No | No | 0.7717 | 6,131 | 4.73 k | 371,802 |
| 20 Mar 23 | Thomas H Shortt | Common Stock | Grant | Acquire A | No | No | 0 | 1,800,000 | 0.00 | 3,219,869 |
| 20 Mar 23 | Robert R. Krakowiak | Common Stock | Grant | Acquire A | No | No | 0 | 800,000 | 0.00 | 1,370,326 |
| 20 Mar 23 | Carol Denise Stott | Common Stock | Grant | Acquire A | No | No | 0 | 300,000 | 0.00 | 729,618 |