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Vroom, Inc. announced financial results for the second quarter ended June 30, 2022, featuring a record Ecommerce gross profit per unit of $3,629 and improvements in adjusted EBITDA and net loss.
Ecommerce gross profit per unit increased by 106% to $3,629.
SG&A expenses decreased by $35.0 million.
Net loss improved from $310.5 million to $115.1 million.
Adjusted EBITDA loss improved from $107.4 million to $85.6 million.
Vroom is continuing to forecast year-end liquidity of approximately $500 million at the midpoint.
Visualization of income flow from segment revenue to net income