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
Stephen R Palmer
Principal Accounting Officer
Paul Breaux
Vice President, General Counsel, Secretary
John McKeon
Vice President, Financial Planning and Analysis
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 six months ended 30 June 2019, Carvana Co revenues increased from $835.7M to $1.74B. Net loss applicable to common stockholders increased from $21.1M to $55.2M. Revenues reflect Used vehicle sales, net increase of 99% to $1.54B, Wholesale vehicle sales increase from $26.8M to $96M, Other sales and revenues increase from $37M to $105.8M. Higher net loss reflects Stock-based Compensation in SGA increase of 90% to $103M (expense).
Employees: 3,879 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $12,666M as of Jun 30, 2019
Annual revenue (TTM): $2,861M as of Jun 30, 2019
EBITDA (TTM): -$211.79M as of Jun 30, 2019
Net annual income (TTM): -$101.39M as of Jun 30, 2019
Free cash flow (TTM): -$689.78M as of Jun 30, 2019
Net Debt Last Fiscal Year: $585.64M as of Jun 30, 2019
Shares outstanding: 151,153,402 as of Aug 2, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization