Carvana sign and a characteristic machine in the temperature in Arizona.
Michael Wayland CNBC
Carvana During the fourth quarter, Wall Street reached the fourth quarter during the next “strong” year in 2025.
Carvana, as in the past, gave Wide prospects of tips This year, it includes the increase in both sold and corrected profits before interest, taxes, depreciation and depreciation or eBITDA, including the sequential increase in both in the first quarter.
Carvan's shares fell by more than 10% while trading after hours on Wednesday. The shares closed to USD 281.82, which is about 1%.
Here's how the company operated in the fourth quarter, compared to the average estimates developed by LSEG:
- Profit per share: 56 cents vs. 29 expected cents
- Income: Expected $ 3.55 billion vs. $ 3.31 billion
Revenues of USD 3.55 billion increased by 46% from USD 2.42 billion during the previous year. All -year -round revenues 2024 amounted to USD 13.67 billion, which is an increase of almost 27% of USD 10.77 billion in 2023.
In 2024, the TEMPE company in Arizona reported EBITDA correction by USD 1.38 billion and a net income in the amount of approximately USD 404 million. This includes corrected EBITDA in the amount of USD 359 million and net income of USD 159 million in the fourth quarter. Net income in the fourth quarter means a significant improvement as a result of a loss of $ 200 million in the same period a year earlier.
Based on the shares, the company reported earnings in the amount of 56 cents in the December period, compared to a loss of USD 1 per share in the same quarter in 2023.
Both annual and quarterly results were Carvana records.
Carvana said that last year he sold 416 348 retail vehicles, which is about 33% compared to the previous year, for record annual revenues of USD 13.67 billion in 2024. His total gross profit per unit for the fourth quarter and full The year was 6671 USD and USD 6,908, respectively. Both indicators have increased by almost 1,400 USD since 2023.
“With today ~ 1% market share and many opportunities to improve and expand our offer, we know that this is just the beginning of our journey to change the way people buy and sell cars”, Carvana General and Co -founder of Ernie Garcia said in a press release .
Carvana shares increased by about 40% in 2025, which increases almost 285% of profit.