Carvana Co (N:CVNA)

Business Focus: Used Car Dealers

Sector:  Consumer Cyclicals Industry:  Auto Vehicles, Parts & Service Retailers
See Regulatory Filings on SEC
Company Contact
Address: 1930 W Rio Salado Pkwy
TEMPE AZ 85281-2339
Tel: N/A
Website: N/A
Key People
Ernie Garcia
Chairman of the Board, President, Chief Executive Officer
Mark Jenkins
Chief Financial Officer
Benjamin Huston
Chief Operating Officer
Paul Breaux
Vice President, General Counsel, Secretary
Daniel Gill
Chief Product Officer
Ryan S. Keeton
Chief Brand Officer
Business Overview
Carvana Co. is an e-commerce platform for buying used cars. On the Company's platform, consumers can research and identify a vehicle, inspect it using its proprietary 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle and schedule delivery or pick-up, all from their desktop or mobile devices. The Company's transaction technologies and online platform transform a traditionally time consuming process by allowing customers to secure financing, complete a purchase and schedule delivery online.
Financial Overview
For the three months ended 31 March 2019, Carvana Co revenues increased from $360.4M to $755.2M. Net loss applicable to common stockholders increased from $9.8M to $28.5M. Revenues reflect Used vehicle sales, net increase from $334.1M to $683.8M, Wholesale vehicle sales increase from $10.1M to $33M, Other sales and revenues increase from $16.2M to $38.4M. Higher net loss reflects Stock-based Compensation in SGA increase of 95% to $48.8M (expense).
Employees: 3,879 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $9,370M as of Mar 31, 2019
Annual revenue (TTM): $2,350M as of Mar 31, 2019
EBITDA (TTM): -$217.98M as of Mar 31, 2019
Net annual income (TTM): -$86.12M as of Mar 31, 2019
Free cash flow (TTM): -$659.35M as of Mar 31, 2019
Net Debt Last Fiscal Year: $692.64M as of Mar 31, 2019
Shares outstanding: 145,630,926 as of May 3, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization