Vroom

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, USMap
Websitevroom.com
Employee Ratings3More
Overall CultureA+More

Recent NewsAll News

Latest Updates

Employees (est.) (Mar 2020)800
Share Price (Jan 2021)$36.8 (-3%)
Cybersecurity ratingBMore

Key People/Management at Vroom

Paul Hennessy

Paul Hennessy

CEO
Denise Stott

Denise Stott

Chief People and Culture Officer
Patricia Moran

Patricia Moran

Chief Legal Officer
Mark E. Roszkowski

Mark E. Roszkowski

Chief Revenue Officer
David K. Jones

David K. Jones

Chief Financial Officer
Show more

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

USD

Revenue (Q3, 2020)

323.0m

Gross profit (Q3, 2020)

25.4m

Gross profit margin (Q3, 2020), %

7.9%

Net income (Q3, 2020)

(37.8m)

EBIT (Q3, 2020)

(36.9m)

Market capitalization (15-Jan-2021)

4.8b

Closing stock price (15-Jan-2021)

36.8

Cash (30-Sept-2020)

1.2b

EV

3.9b
Vroom's current market capitalization is $4.8 b.
USDQ2, 2020Q3, 2020

Revenue

253.1m323.0m

Cost of goods sold

245.5m297.6m

Gross profit

7.6m25.4m

Gross profit Margin, %

3%8%
show all
USDQ2, 2020Q3, 2020

Cash

651.0m1.2b

Accounts Receivable

15.3m33.8m

Prepaid Expenses

17.8m16.3m

Inventories

141.1m299.4m
show all
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
show all
USDQ2, 2020

EV/EBIT

-132.5 x

EV/CFO

1.4 m x

Revenue/Employee

606.5k

Financial Leverage

1.3 x
Show all financial metrics

Vroom Operating Metrics

Mar, 2018Sep, 2018Dec, 2018

Cars Sold

250 k250 k

Cars for Sale

2.41 k3 k3.20 k
Show all operating metrics

Vroom Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

Learn more about our premium products
SecurityScorecard logo

Vroom Online and Social Media Presence

Vroom's Trends

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

December 15, 2020

Online Automotive Retailer Vroom to Acquire CarStory

Acquisition adds industry’s largest source of AI-powered market data plus advanced digital retailing services to Vroom’s platform Acquisition adds industry’s largest source of AI-powered market data plus advanced digital retailing services to Vroom’s platform
November 11, 2020

Vroom stock falls 10% after Q3 results, guidance

Shares of Vroom Inc. fell more than 10% in the extended session Wednesday after the online used-car seller reported third-quarter results that beat Wall Street expectations but said it expects wider losses in the fourth quarter. Vroom said it lost $37.9 million, or 31 cents a share, in the third qu…
October 06, 2020

Online Automotive Retailer Vroom Announces Extension of Floorplan Commitment from Ally Financial

Two-Year Extension Supports Vroom’s Scaling Vehicle Sourcing Operations Two-Year Extension Supports Vroom’s Scaling Vehicle Sourcing Operations
August 19, 2020

Vroom vroom: AI reveals F1’s fastest drivers of the past 40 years

An algorithm has answered the most fiercely debated question in Formula 1: who’s the greatest driver of all-time? F1 and Amazon Web Services used the AI system to calculate the fastest racer in a single qualifying lap — known as the purest indication of raw speed. They first collected data from ever…
August 12, 2020

Vroom stock drops as outlook misses Street view

Vroom Inc. shares fell in the extended session Wednesday after the online used-car sales site's outlook missed Wall Street estimates. Vroom shares dropped 16% after hours, following a 6.6% surge in the regular session to close at $69.01. Vroom expects a loss of 42 cents to 37 cents a share on reven…
July 02, 2020

How Does Vroom Make Money?

Vroom, an online platform to buy, sell, or trade used vehicles online, listed on the markets in early June, and the stock has more than doubled from its offer price of $22 per share to about $55 currently. The company has been recording strong revenue growth, with sales rising from about $855 M...
Show more

 Vroom Frequently Asked Questions

  • When was Vroom founded?

    Vroom was founded in 2013.

  • Who are Vroom key executives?

    Vroom's key executives are Paul Hennessy, Denise Stott and Patricia Moran.

  • How many employees does Vroom have?

    Vroom has 800 employees.

  • 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.