| Stage | CARG | % of rev | CVNA | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $258M | 100.00% | $8.0B | 100.00% | CVNA ×31.12 |
| Gross profit | $237M | 91.76% | $1.5B | 18.92% | CARG +72.8pp |
| Operating income | $68M | 26.29% | $714M | 8.88% | CARG +17.4pp |
| Pre-tax income | $69M | 26.56% | $552M | 6.87% | CARG +19.7pp |
| Net income | $53M | 20.43% | $483M | 6.01% | CARG +14.4pp |
| Stage | CARG | CVNA | Gap · A − B |
|---|---|---|---|
| Revenue | $258M100.00% | $8.0B100.00% | CVNA ×31.12 |
| Gross profit | 91.76%$237M | 18.92%$1.5B | CARG +72.8pp |
| Operating income | 26.29%$68M | 8.88%$714M | CARG +17.4pp |
| Pre-tax income | 26.56%$69M | 6.87%$552M | CARG +19.7pp |
| Net income |
| 20.43%$53M |
| 6.01%$483M |
| CARG +14.4pp |
None
No disclosed counterparties: CARG.