CarLotz Inc - Class A logo

LOTZ

CarLotz Inc - Class A

$0.52

Earnings Summary

Revenue
$63.01Mn
Net Profits
$-24.84Mn
Net Profit Margins
-39.41%

Highlights

Revenue:

CarLotz Inc - Class A’s revenue jumped 11.31% since last year same period to $63.01Mn in the Q1 2022. On a quarterly growth basis, CarLotz Inc - Class A has generated -24.18% fall in its revenue since last 3-months.

Net Profits:

CarLotz Inc - Class A’s net profit fell -65.33% since last year same period to $-24.84Mn in the Q1 2022. On a quarterly growth basis, CarLotz Inc - Class A has generated -75.2% fall in its net profits since last 3-months.

Net Profit Margins:

CarLotz Inc - Class A’s net profit margin fell -48.53% since last year same period to -39.41% in the Q1 2022. On a quarterly growth basis, CarLotz Inc - Class A has generated -131.08% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the CarLotz Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.25
EPS Estimate Current Year
-0.25

Highlights

EPS Estimate Current Quarter:

CarLotz Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.25 - a -31.58% fall from last quarter’s estimates.

EPS Estimate Current Year:

CarLotz Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.25.

Key Ratios

Key ratios of the CarLotz Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.22
Return on Assets (ROA)
-0.24
Return on Equity (ROE)
-0.4
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

CarLotz Inc - Class A’s earning per share (EPS) fell -46.67% since last year same period to -0.22 in the Q1 2022. This indicates that the CarLotz Inc - Class A has generated -46.67% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. CarLotz Inc - Class A’s return on assets (ROA) stands at -0.24.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. CarLotz Inc - Class A’s return on equity (ROE) stands at -0.4.

Dividend Per Share (DPS):

CarLotz Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
-0.19
-0.22
-15.79%

Company Information

CarLotz is a used vehicle consignment and Retail Remarketing™ business that provides our corporate vehicle sourcing partners and retail sellers of used vehicles with the ability to access the previously unavailable retail sales channel, while simultaneously providing buyers with prices that are, on average, below those of traditional dealerships. Its mission is to create the world's greatest vehicle buying and selling experience. The Company operates a technology-enabled buying, sourcing and selling model that offers a seamless omni-channel experience and comprehensive selection of vehicles, while allowing for a fully contactless end-to-ende-commerce interface that enables no hassle buying and selling.

Organisation
CarLotz Inc - Class A
Employees
168