KAR
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 2.8b | 2.2b | 2.3b | 1.5b | 1.6b | 1.7b | 1.8b |
% growth | - | (21 %) | 3 % | (33 %) | 8 % | 3 % | 6 % |
EBITDA | 511m | 355m | 411m | 241m | 352m | 295m | 322m |
% EBITDA margin | 18 % | 16 % | 18 % | 16 % | 21 % | 17 % | 18 % |
Profit | 189m | <1m | 66.5m | 241m | (154m) | 71.7m | 102m |
% profit margin | 7 % | - | 3 % | 16 % | (9 %) | 4 % | 6 % |
EV / revenue | 1.5x | 1.6x | 1.6x | 1.1x | 1.1x | 1.1x | 1.0x |
EV / EBITDA | 8.2x | 9.9x | 8.7x | 7.0x | 5.3x | 6.5x | 5.7x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | IPO | |
N/A | Post IPO Equity | ||
* | $550m | Post IPO Equity | |
* | N/A | $140m | Post IPO Debt |
Total Funding | - |
Recent News about KAR
EditKAR Global is a technology-driven company that provides comprehensive digital solutions for the automotive wholesale industry. The company operates in a global market, serving a diverse range of clients including original equipment manufacturers (OEMs), dealers, fleet operators, rental companies, and financial institutions. KAR Global's business model revolves around offering end-to-end remarketing services, which include vehicle inspections, analytics, and digital marketplaces. These services help clients efficiently buy and sell used vehicles, leveraging data to provide actionable insights and streamline operations. The company generates revenue through transaction fees, subscription services, and value-added services provided on its digital platforms. Headquartered in Carmel, Indiana, KAR Global has a significant global footprint with operations across North America, Europe, the Philippines, and Uruguay. The company is committed to innovation and excellence, aiming to make the wholesale vehicle market more accessible and efficient for its clients.
Keywords: automotive wholesale, digital platform, remarketing solutions, vehicle inspections, analytics, OEMs, dealers, fleet operators, global footprint, transaction fees.