OverviewSuggest Edit

Vroom is an online pre-owned car retailer. It provides a data-driven technology e-commerce platform to buy and sell used vehicles bringing all phases of the buying and selling process to consumers. Through its e-commerce platform, the company offers low-mileage, reconditioned vehicles with delivery directly to consumers. It also arranges to finance through lenders and offers a warranty, insurance, and other value-added products.

TypePublic
Founded2013
HQNew York, NY, US
Websitevroom.com
Employee Ratings3.8
Overall CultureA+

Latest Updates

Employees (est.) (Mar 2020)800
Job Openings125
Revenue (FY, 2020)$1.4 B
Share Price (May 2021)$45.9
Cybersecurity ratingBMore

Key People/Management at Vroom

Scott A. Dahnke

Scott A. Dahnke

Director
Dan Baker

Dan Baker

General Manager, Texas Direct Auto
Michael Farello

Michael Farello

Director
Paul J. Hennessy

Paul J. Hennessy

Chief Executive Officer, Director
Dave Jones

Dave Jones

Chief Financial Officer
Laura W. Lang

Laura W. Lang

Director
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Vroom Office Locations

Vroom has offices in New York and Stafford
New York, NY, US (HQ)
1375 Broadway
Stafford, TX, US
12053 Southwest Fwy
Show all (2)

Vroom Financials and Metrics

Vroom Revenue

Vroom's revenue was reported to be $1.36 b in FY, 2020
USD

Revenue (FY, 2020)

1.4b

Gross profit (FY, 2020)

71.5m

Gross profit margin (FY, 2020), %

5.3%

Net income (FY, 2020)

(202.8m)

EBIT (FY, 2020)

(178.6m)

Market capitalization (3-May-2021)

6.2b

Closing stock price (3-May-2021)

45.9

Cash (31-Dec-2020)

1.1b

EV

5.5b
Vroom's current market capitalization is $6.2 b.
Annual
USDFY, 2020

Revenue

1.4b

Cost of goods sold

1.3b

Gross profit

71.5m

Gross profit Margin, %

5%
Quarterly
USDQ2, 2020Q3, 2020

Revenue

253.1m323.0m

Cost of goods sold

245.5m297.6m

Gross profit

7.6m25.4m

Gross profit Margin, %

3%8%
Annual
USDFY, 2020

Cash

1.1b

Accounts Receivable

60.6m

Prepaid Expenses

23.6m

Inventories

423.6m
Quarterly
USDQ2, 2020Q3, 2020

Cash

651.0m1.2b

Accounts Receivable

15.3m33.8m

Prepaid Expenses

17.8m16.3m

Inventories

141.1m299.4m
Annual
USDFY, 2020

Net Income

(202.8m)

Depreciation and Amortization

4.7m

Inventories

(224.5m)

Accounts Payable

14.1m
Quarterly
USDQ2, 2020Q3, 2020

Net Income

(104.3m)(142.1m)

Depreciation and Amortization

2.1m3.3m

Inventories

66.2m(96.6m)

Accounts Payable

919.0k10.5m
USDQ2, 2020

EV/EBIT

-132.5 x

EV/CFO

1.4 m x

Revenue/Employee

606.5k

Financial Leverage

1.3 x
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Vroom Operating Metrics

Mar, 2018Sep, 2018Dec, 2018

Cars Sold

250 k250 k

Cars for Sale

2.41 k3 k3.2 k
Show all operating metrics

Vroom Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Vroom Online and Social Media Presence

Embed Graph

Vroom Company Culture

  • Overall Culture

    A+

    89/100

  • CEO Rating

    C+

    70/100

  • Compensation

    A+

    97/100

Learn more on Comparably

Vroom News and Updates

VRM DEADLINE REMINDER: Kessler Topaz Meltzer & Check, LLP – Important May 21, 2021 Deadline Reminder for Vroom, Inc. Investors

RADNOR, Pa., May 06, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Vroom, Inc. (NASDAQ: VRM) (“Vroom”) o…

Online Automotive Retailer Vroom Offers Last Mile Concierge Experience to Chicago Locals

Car Buyers Within 25-Mile Radius Receive More Personalized Service, Direct to Their Driveways Car Buyers Within 25-Mile Radius Receive More Personalized Service, Direct to Their Driveways

Online Automotive Retailer Vroom Announces Two New Additions to Board of Directors

Paula B. Pretlow and Frederick O. Terrell Bring Decades of Finance and Business Experience to the Board Paula B. Pretlow and Frederick O. Terrell Bring Decades of Finance and Business Experience to the Board

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Vroom, Inc. of Class Action Lawsuit and Upcoming Deadline – VRM

NEW YORK, April 24, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Vroom, Inc. (“Vroom” or the “Company”) (NASDAQ: VRM) and certain of its officers.   The class action, filed in the United States District Court for the Southern District of New Y…

VRM Reminder: Kessler Topaz Meltzer & Check, LLP - Deadline Reminder for Vroom, Inc. Investors in Securities Fraud Class Action Lawsuit

RADNOR, Pa., April 15, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Vroom, Inc. (NASDAQ: VRM) (“Vroom”)…

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Vroom, Inc. - VRM

NEW YORK, April 14, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Vroom, Inc. (“Vroom” or the “Company”) (NASDAQ: VRM). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
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Vroom Frequently Asked Questions

  • When was Vroom founded?

    Vroom was founded in 2013.

  • Who are Vroom key executives?

    Vroom's key executives are Scott A. Dahnke, Dan Baker and Michael Farello.

  • How many employees does Vroom have?

    Vroom has 800 employees.

  • What is Vroom revenue?

    Latest Vroom annual revenue is $1.4 b.

  • What is Vroom revenue per employee?

    Latest Vroom revenue per employee is $1.7 m.

  • Who are Vroom competitors?

    Competitors of Vroom include Hertz Car Sales, Carvana and AutoNation.

  • Where is Vroom headquarters?

    Vroom headquarters is located at 1375 Broadway, New York.

  • Where are Vroom offices?

    Vroom has offices in New York and Stafford.

  • How many offices does Vroom have?

    Vroom has 2 offices.