Cazoo Group Ltd

Cazoo Group Ltd. operates as an online car retailer, which transforms the car buying and selling experience across the UK and Europe. The firm focuses on the buying or selling of a car no different to ordering any other product online, where consumers can buy, sell, finance or subscribe to a car entirely online for delivery or collection. The company was founded by Alexander Edward Chesterman in 2018 and is headquartered in London, the United Kingdom.

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cazoo has revealed plans to shake up its U.K. business. In a Wednesday (Jan. 18) earnings statement, the online auto seller announced a revised strategic plan for 2023 as it reassesses its business model and adapts to current market conditions.

Cazoo Targets Higher Margins as Used Car Market Shrinks

Online car retailer Cazoo Group Ltd (NYSE:CZOO) share price skyrocketed and then plummeted on the news that co-founder and chief executive Alex Chesterman will step down amid falling full-year sales and plans to cut staff. Its shares were up some 9.3% as the New York market opened, but later fell some 15% as it forecast car sales to fall to between 40,000 and 50,000 units in 2023, down as much 38.5% from the 65,000 sold in 2022.

Cazoo chief to step down after more car crash earnings

LONDON & NEW YORK--( BUSINESS WIRE )--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or the “Company”), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, has announced its preliminary financial results for the three months ended December 31, 2022.

Cazoo Announces Fourth Quarter 2022 Preliminary Financial Results and Revised 2023 Plan

NEW YORK--( BUSINESS WIRE )--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of Cazoo Group Ltd (the “Company”), each whole warrant exercisable for one Class A ordinary share — ticker symbol CZOO WS — from the NYSE. Trading in the Company's warrants will be suspended immediately. Trading in the Company's Class A ordinary shares — ticker symbol CZOO — will continue on the NYSE.

NYSE to Suspend Trading Immediately in Warrants of Cazoo Group Ltd (CZOO WS) and Commence Delisting Proceedings

Online car-buying platform Cazoo has sold its Spanish subscription business. In a Thursday (Dec. 15) press release, the U.K.-based online auto seller announced that it has sold Swipcar to Renting Finders.

Online Car-Buying Firm Cazoo Sells Spanish Business

LONDON & NEW YORK--( BUSINESS WIRE )--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or the “Company”), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, has sold its Spanish subscription business, Swipcar, to Renting Finders S.L. The financial terms of the transaction were not disclosed.

Cazoo Sells Its Spanish Subscription Business

Delta Air Lines

AT&T

Regarding stocks, hedge fund managers are some of the savviest investors around. While most of us might not have access to their advanced strategies and resources, we can still learn from their picks.

3 Stocks Hedge Funds Are Buying Now

Fintel reports that Alex Chesterman has filed a 13D/A form with the SEC disclosing ownership of 186,496,856 shares of Cazoo Group Ltd (CZOO).

CEO Alex Chesterman Ups Stake in Cazoo (CZOO)

LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or the “Company”), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces that holders (“Noteholders”) of 96% of its $630 million of 2.00% Convertible Senior Notes due 2027 (the “Convertible Notes”) have voluntarily elected to enter into extensions of their lock-up agreements with the Company as a sign of their continued support of the bus

Cazoo Noteholders Voluntarily Extend Lock-Up Period

The stock price of Cazoo Group (CZOO) increased by 2.81% in the most recent trading session. This is why.

Cazoo Group (CZOO) Stock Increased 2.81%: Details

Aramis Group and Cazoo - Cazoo sells its Italian operations to Aramis Group

LONDON & NEW YORK--(BUSINESS WIRE)--As part of Cazoo Group Ltd's (NYSE: CZOO) strategic review of its European business, Aramis Group SA (“Aramis Group”) and Cazoo Holdings Limited have reached an agreement for Aramis Group to acquire 100% of the capital and voting rights of Cazoo Trading Italy S.p.A.

Cazoo sells its Italian operations to Aramis Group

Cazoo is a fast-growing and founder-led business. The company's current valuation is cheap.

Cazoo: Even With A Lot Of Risks, Stock Could Be Worth Buying

Cazoo Group Ltd (NYSE:CZOO ) Q3 2022 Results Conference Call October 27, 2022 8:00 AM ET Company Participants Robert Berg - Director of IR and Corporate Finance Alex Chesterman - Founder, Chairman and CEO Stephen Morana - CFO and Director Conference Call Participants Rajat Gupta - JPMorgan Adam Berlin - UBS Sam Saeed - Berenberg Catherine O'Neill - Citi Operator Greetings, everyone. Welcome to Cazoo's Third Quarter Fiscal Year 2022 Earnings Call.

Cazoo Group Ltd (CZOO) Q3 2022 Earnings Call Transcript

LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or the “Company”), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, has announced its financial results for the three months ended September 30, 2022.

Cazoo Announces Third Quarter 2022 Financial Results

LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announced the Company will release its third quarter 2022 results before the U.S. stock market opens on Thursday, October 27, 2022. The Company will host a conference call at 8:00 a.m. Eastern Time that day. Investors and analysts interested in participating in the call are in

Cazoo Announces Third Quarter Fiscal 2022 Earnings Release Date, Conference Call and Webcast

There is no obvious reason for the move today.

Why Shares of Cazoo Are Rising Today

Shares of Cazoo (NYSE: CZOO ) stock are in the spotlight following a massive purchase by Viking Global's Andreas Halvorsen. The former Tiger Cub founded Viking in 1999 and today manages over $21 billion in 13F securities.

Billionaire Andreas Halvorsen Is Betting Big on Cazoo (CZOO) Stock. Here's Why.

Following a strategic review of its business in mainland Europe, online car seller Cazoo is foreclosing its operations in the European Union in order to focus exclusively on the U.K. market.

Cazoo Pulls Out of EU to Focus on UK Market

LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, is today announcing the conclusion of the strategic review of its EU business. On August 2, 2022, the Company announced that it was conducting a strategic review of its business in mainland Europe, with the aim of further preserving cash and positioning the Company to achieve profit

Cazoo Announces Conclusion of Strategic Review of its EU Business

As Cazoo stock doubles in a day, investors should double-check the data and pay particular attention to the bottom-line results.

Why Is Everyone Talking About Cazoo Stock?

Investors' tendency to slash the valuations of unprofitable businesses when the macroeconomic winds aren't blowing their way is understandable. But for companies that are feeling the brunt of investor skittishness, making a solid argument for shareholders not to jump ship in times like this is the only way out of the predicament.

Cazoo 'Laser-Focused on Profitability' as Shares Surge Nearly 200% Post Upbeat Q2 Results

Shares of Cazoo (NYSE: CZOO ) soared higher by as much as 200% after the company reported its second quarter and first half of the year results. Cazoo debuted on the public market last August through a special purpose acquisition company (SPAC) merger at more than $9 per share.

Why Is Cazoo (CZOO) Stock Up 200% Today?

Cazoo Group Ltd (NYSE:CZOO ) Q2 2022 Earnings Conference Call August 2, 2022 8:00 AM ET Company Participants Robert Berg - Director of Investor Relations & Corporate Finance Alex Chesterman - Founder & Chief Executive Officer Stephen Morana - Chief Financial Officer Paul Whitehead - Chief Operating Officer Conference Call Participants Rajat Gupta - JPMorgan David Reynolds - Davy Saim Saeed - Berenberg Operator Greetings, and welcome to Cazoo's Second Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Cazoo Group Ltd (CZOO) CEO Alex Chesterman on Q2 2022 Results - Earnings Call Transcript

The online auto dealership generated record revenue in the second quarter.

News for Cazoo Group Ltd Stock (CZOO)