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)
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
8-K
Other Events
18 Jan 23
8-K
Other Events
17 Nov 22
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Vroom Announces Record Ecommerce Gross Profit Per Unit of $4,206
7 Nov 22
8-K
Online Automotive Retailer Vroom Announces Changes to Board of Directors
28 Oct 22
8-K
Entry into a Material Definitive Agreement
21 Sep 22
EFFECT
Notice of effectiveness
21 Sep 22
Transcripts
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
VRM
Earnings call transcript
2020 Q3
11 Nov 20
Latest ownership filings
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
4
Patricia Moran
8 Mar 23
SC 13G
Antara Capital LP
14 Feb 23
SC 13G/A
DAVIS SELECTED ADVISERS
10 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 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) | 472.02 mm | 472.02 mm | 472.02 mm | 472.02 mm | 472.02 mm | 472.02 mm |
| Cash burn (monthly) | 43.98 mm | 61.90 mm | 25.87 mm | 50.36 mm | 28.65 mm | 9.09 mm |
| Cash used (since last report) | 124.46 mm | 175.15 mm | 73.20 mm | 142.50 mm | 81.08 mm | 25.72 mm |
| Cash remaining | 347.55 mm | 296.86 mm | 398.81 mm | 329.51 mm | 390.93 mm | 446.30 mm |
| Runway (months of cash) | 7.9 | 4.8 | 15.4 | 6.5 | 13.6 | 49.1 |
Institutional ownership, Q4 2022
47.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 109 |
| Opened positions | 14 |
| Closed positions | 35 |
| Increased positions | 17 |
| Reduced positions | 31 |
| 13F shares | Current |
|---|---|
| Total value | 33.61 bn |
| Total shares | 66.00 mm |
| Total puts | 769.00 k |
| Total calls | 15.24 mm |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| CGP2 Lone Star | 17.58 mm | $720.42 mm |
| Managers, L.L.C. CGP2 | 8.78 mm | $328.10 mm |
| Vanguard | 6.26 mm | $6.38 bn |
| Antara Capital | 5.18 mm | $5.28 bn |
| Nisa Investment Advisors | 3.78 mm | $3.85 mm |
| BLK Blackrock | 3.30 mm | $3.37 bn |
| General Catalyst Group Management | 3.05 mm | $3.11 bn |
| Bill & Melinda Gates Foundation Trust | 2.50 mm | $2.55 bn |
| Susquehanna International | 1.77 mm | $1.81 bn |
| Geode Capital Management | 1.31 mm | $1.34 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 20 Mar 23 | Agnieszka Zakowicz | Common Stock | Grant | Acquire A | No | No | 0 | 175,000 | 0.00 | 377,933 |
| 20 Mar 23 | Moran Patricia | Common Stock | Grant | Acquire A | No | No | 0 | 400,000 | 0.00 | 838,458 |
News
UPDATE: Vroom Q4 Adj. EPS $(0.61) Beats $(0.69) Estimate, Sales $209.35M Miss $268.22M Estimate
28 Feb 23
Vroom Q4 Adj. EPS $(0.61) Beats $(0.69) Estimate, Sales $209.35M Miss $268.22M Estimate
28 Feb 23
Earnings Scheduled For February 28, 2023
28 Feb 23
12 Consumer Discretionary Stocks Moving In Monday's After-Market Session
27 Feb 23
Vroom Earnings Preview
27 Feb 23