Vroom reported a strong fourth quarter and full year 2021, delivering record ecommerce units. Q4 2021 ecommerce unit sales were up 93% year-over-year, and ecommerce revenue increased by 159% year-over-year.
Ecommerce units sold increased by 93% year-over-year to 21,243.
Ecommerce revenue increased by 159% year-over-year to $738.7 million.
Ecommerce gross profit increased by 64% year-over-year to $32.9 million.
The company announced the acquisition of UACC.
For the first quarter 2022, Vroom expects total revenues of approximately $875 million, ecommerce unit sales of 18,000 to 19,000, ecommerce gross profit per unit of approximately $1,500, and Adjusted EBITDA of approximately ($130) million.
Visualization of income flow from segment revenue to net income