Vroom, Inc. operates as an automotive finance company providing vehicle financing solutions to customers through a network of third-party dealers. The company extends credit to auto buyers primarily under its UACC brand, functioning as a non-bank lender in the consumer automotive finance space. Additionally, Vroom has developed an artificial intelligence-powered analytics and digital services platform designed to support automotive retailers with operational and customer-facing tools.
The company maintains two primary revenue streams: its financing operations through UACC and its digital platform services for automotive retail partners. The financing business generates revenue through loan originations and servicing, while the platform segment offers technology and analytics solutions to dealers. Vroom operates with a workforce of approximately 704 full-time employees and maintains its headquarters in Fort Worth, Texas. The company was incorporated in Delaware in 2012 and previously operated under the name Auto America, Inc. before rebranding to Vroom, Inc. in July 2015. Vroom is publicly traded on the Nasdaq exchange.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-91.07 | $-91.07 | +56.6% | |
| 2023 | $-209.70 | $-209.70 | -6293.3% | |
| 2022 | $-3.28 | $-3.28 | — | |
| 2021 | — | — | — | |
| 2020 | — | — | — |