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CarLotz, Inc.

LOTZ•NASDAQ
Consumer Cyclical
Auto - Dealerships
$0.15
$0.00(0.00%)
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The company's financials show resilient growth, with revenue advancing from $83.11M in Q4 2021 to $50.84M in Q3 2022. Gross profit remained healthy with margins at -1% in Q3 2022 compared to 3% in Q4 2021. Operating income hit -$24.00M last quarter, sustaining a consistent -47% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$21.97M. Net income rose to $245000.00, while earnings per share reached $0.002. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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