Vroom
gross profit per unit ahead of expectations and prior quarter because of improved vehicle and product margins adjusted well ahead of expectations on improved performance and favorable united auto credit corporation contribution reconditioning network transition out of on track record last mile hub delivery of continued high sourcing of consumer direct units at completed acquisition of in beginning our transformation to fully captive lending successfully completed our first auto loan of million in receivables for a gain of million in announcing our realignment plan unit economics over growth reduce operating expenses maximize liquidity million million million million million million million a highlights | Vroom
Company
Deck Type
Sector
Industry
Deck date
May 2022
Slide
4 of 20
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Results
May 2022
million million million million million a better than expected unit growth and contributions from retail financing new segment as a result of acquisition driven by seasonal demand better than anticipated performance across product and vehicle driven primarily by better than anticipated and favorable contributions from a gain on the expectations million goodwill impairment is a non cash adjustment within adjusted million total cash charges of approximately million in related primarily to million severance and lease payments other non recurring costs of million to address operational and customer experience issues first quarter financial summary units ahead high end guidance | Vroom
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