Automotive Companies Performance Metrics - Part 1 (CarGurus)
CarGurus is an online marketplace where dealers list and sell their cars via paid subscription. The company went public in October 2017, and while some of its financial metrics are publicly available, the full 2017 report will not be released until March 1, 2018. Full year metrics are therefore based on the 2016 report, as indicated in CarGurus' SEC IPO filing document. This excludes growth rate, which is based on the Q3 2017 report.
All the information requested about CarGurus is provided in row 1 of the attached spreadsheet.
According to Crunchbase data, CarGurus raised $1.8 million in 1 round of funding (Series A, no lead investor) and $150 million at initial public offering (IPO).
Per CarGurus' full 2016 report, the company raised a total revenue of $198,141,000 in 2016. Earnings before interest, tax, depreciation, and amortization (EBITDA) were $10,965,000. The company's gross merchandise value (GMV), based on CarGurus' marketplace subscription income, was $171,302,000. Transaction volume could not be identified, as the 2016 report does not include the number of subscriptions sold through the CarGurus website.
While the full 2017 report is not yet available, CarGurus reported an annual revenue growth rate of 56% in Q3 2017.
CarGurus has not acquired any companies, nor has it been acquired by another company.
While CarGurus' transaction volume could not be identified, we have found all other relevant information regarding this request. A summary of these findings is presented in the attached spreadsheet.