CZOO - Earnings announcements

New Record Retail GPU of £1,470 in Q3 2023 Significant improvement to Gross Margin Cost reductions result in strong cash position Q3 2023 Retail GPU up 14% versus Q2 2023 and up 201% YoY Gross Margin improves to 6.5%, up 3.5 ppts YoY (Q3 2022: 3.0%) On target reduction in fixed and variable costs, delivering forecasted savings Strong cash position of £151 million of cash and cash equivalents at end of period Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK online used car retailer which makes buying and selling a car as simple as ordering any other product online, announces its financial results for the three months ended September 30, 2023. This press rele

Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's independent leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces the Company will release its third quarter 2023 results before the U.S. stock market opens on Wednesday, October 25, 2023. 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 invited to dial 1-877-704-6255, or for international callers, 1-215-268-9947. About Cazoo - www.cazoo.co.uk Our mission is to transform the car buying and selling experience across the UK by providing better selection, v

Significant continued improvement in Retail GPU Year-on-year adjusted EBITDA loss reduced by over 50% Further £20+ million of annual cash savings identified for 2024 Strong Q2 2023 Retail GPU of £1,290, up 32% QoQ and 317% YoY Q2 2023 Gross margin at 4.7%, up 3.7 ppts YoY with Gross Profit of £23m in H1 2023 Cost reductions lead to significant improvement in adjusted EBITDA in H1 2023 Cash reserves remain strong with £195m of cash and ~£35m of self-financed inventory 2023 guidance reiterated Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's leading independent online car retailer, which makes buying and selling a car as simple as ordering any other product o

Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's independent leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces the Company will release its second quarter and first half 2023 results before the U.S. stock market opens on Tuesday, August 1, 2023. 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 invited to dial 1-877-704-6255, or for international callers, 1-215-268-9947. A webcast of the call will also be available on the investor relations page of the Company's website at https://investors.cazoo.co.uk.

Record Retail GPU of £980 in Q1 2023 (over £1,200 in March) Business restructuring complete Strong cash position Record Retail GPU of £980 in Q1, up 690% YoY, ahead of expectations Achieved new record level of Retail GPU of over £1,200 in March Q1 2023 revenue and retail unit sales in line with expectations Gross profit of £14 million in Q1, up 367% YoY, with improved margins Strong cash position with over £215 million as at the end of Q1 2023 FY 23 guidance reiterated as performance improvement continues Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's leading independent online car retailer, which makes buying and selling a car as simple as ordering an

Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's independent leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces the Company will release its first quarter 2023 results before the U.S. stock market opens on Thursday, April 27, 2023. 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 invited to dial 1-877-704-6255, or for international callers, 1-215-268-9947. A webcast of the call will also be available on the investor relations page of the Company's website at https://investors.cazoo.co.uk. About Cazoo

FY 2022 record revenue of £1.25bn 120,000+ cars sold entirely online since launch Significant further improvement to Retail GPU performance   Record FY 22 revenue of £1.25bn (+91% YoY) and UK Retail units of 65,366 (+88% YoY) Retail GPU materially improving quarter-on-quarter in 2022 to £596 in Q4 (+156% YoY) FY 22 Adjusted EBITDA of -£254m (2021: -£168m) due to investment in driving growth Strong cash reserves of £258m and ~£75m of self-financed inventory as at end Dec 22 Reconfirming FY 23 guidance with record Retail GPU of ~£950 per unit expected in Q1 Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's leading independent online car retailer, which makes buying

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 the Company will release its full-year and fourth quarter 2022 results before the U.S. stock market opens on Thursday, March 30, 2023. 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 invited to dial 1-877-704-6255, or for international callers, 1-215-268-9947. A webcast of the call will also be available on the investor relations page of the Company's website at https://investors.cazoo.co.uk. About Cazoo

Strong end to FY22 with revised FY23 plan aimed at rapidly improving unit economics and extending cash runway Strong UK Retail unit sales of ~17,750 in Q4, up 100%+ YoY as consumers continue to shift online Q4 UK Revenues of ~£315m and ~£1,245m for FY22 despite significant macroeconomic headwinds Continued UK Retail GPU improvement in Q4 to ~£600, as efficiencies gained across the business Balance sheet remains strong with over £250m of cash & cash equivalents on hand at end FY 2022 New FY23 plan focused on improved unit economics and lower retail volume of 40,000-50,000 units Plan anticipates advancement towards profitability goal without need to raise capital in next 18-24m

UK revenues and retail unit sales up 100% YoY with significant further progress on UK Retail GPU Record UK revenues of £347m in Q3, up 103% YoY driven by very strong UK retail sales growth Record UK Retail unit sales at 18,889, up 100% YoY as the consumer shift to online accelerates UK Retail GPU of £488, up by a further £179 versus Q2, with efficiencies made across the board EU strategic review complete with withdrawal underway and expected to complete by year end Balance sheet remains strong with £308m of cash and >£150m of self-funded inventory on hand Continued progress towards reaching profitability without the need for further external funding Cazoo Group Ltd (NYSE:CZOO)

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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221010005022/en/(Photo: Business Wire) Investors and analysts interested in participating in the call are invited to dial 877-704-6255, or for international callers, 215-268-9947. A webcast of the

Q2 Revenues up 145% YoY with record unit sales and significant improvement to UK Retail GPU Record revenues of £333m in Q2, up 145% YoY driven by substantial UK retail sales growth Vehicles sold up 124% YoY to 23,955 in Q2 as market share continues to grow considerably Retail units sold in Q2 at record 17,033, up 94% YoY despite the tough economic backdrop Material improvement to UK Retail GPU in Q2 at £309, up by £185 in comparison to Q1 2022 Considerable progress in UK reconditioning capability resulting in record website inventory Realignment plan successfully implemented and strategic review of EU business underway Appointment of Paul Woolf to succeed Stephen Morana as Chi

Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), Europe'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 second quarter and first half fiscal year 2022 results before the U.S. stock market opens on Tuesday, August 2, 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 invited to dial 1-877-704-6255, or for international callers, 1-215-268-9947. A webcast of the call will also be available on the investor relations page of the Company's website at https://investors.cazoo.co.uk.

Plan designed to de-risk path to profitability and to extend cash runway beyond year end 2023  Cazoo to implement a business realignment plan given current economic climate Plan designed to right-size the business and position Cazoo for profitable growth Focus on improving retail unit economics, reducing costs and maximising liquidity Delivers >£200m savings to budget and sustainable margins over next 18 months Demand remains strong with projected FY22 unit sales & revenue up >100% YoY Strong balance sheet with >£400m of cash and >£200m of self-financed inventory Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), Europe's leading online car retailer, which makes buying an

Record revenues up 159% YoY to £295m in Q1 with Retail units sold up 53% quarter on quarter Record revenues of £295m up 159% YoY driven by continued strong retail sales growth Vehicles sold up 102% YoY to 19,713 in Q1 as demand for proposition continues to grow Retail units sold in Q1 up 53% sequentially aided by increased website inventory levels Further progress in France & Germany and preparing for launch in Italy & Spain mid-year Continued ramp in UK reconditioning capabilities resulting in record UK website inventory Strong cash position following the issuance of $630 million convertible notes in February Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), Europe's le

  Record year with 312% YoY increase in Revenue & 49,853 Vehicles Sold in FY 2021 Record revenues of £668m, up 312% YoY driven by significant UK retail sales growth Vehicles sold up 233% YoY, to 49,853 as consumers continue to embrace proposition Significant improvement in UK Retail GPU, up £656 YoY to £427 per vehicle in FY 2021 Multiple acquisitions, enhancing infrastructure, proposition, team & geographic reach Launched in France and Germany and preparing for launch in Italy and Spain in 2022 Strong cash position following issuance of $630 million convertible notes in February Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), Europe's leading online car retailer, whic

Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), Europe's leading online car retailer, which makes buying and selling a car as simple and seamless as ordering any other product online, today announced the reporting date for its fourth quarter and fiscal year 2021 results, and the reporting date for its first quarter fiscal year 2022 results. Fourth Quarter and Fiscal Year 2021 The Company will release its fourth quarter and fiscal year 2021 results before the U.S. stock market opens on Thursday, April 7, 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 invited to dial 1-877-704-6255

Investor group led by Viking Global Investors to invest $630 million in 2.00% Convertible Notes Significant progress since launch with market leading platform, team, brand and infrastructure Achieved record revenues up ~300% to over £665 million and ~49,500 total units sold in 2021 Very well positioned to capture huge £475+ billion opportunity across the UK and EU markets Incremental capital provides a multi-year runway to enable continued execution of the strategy Strong momentum into 2022 and beyond with new guidance and targets reinforcing confidence Cazoo (NYSE:CZOO), Europe's leading online car retailer, which makes buying and selling a car as simple and seamless as orderi

Record performance with Revenue up 267% YoY & significant increase in Retail GPU Cazoo Group Limited (NYSE:CZOO) ("Cazoo" or "the Company"), Europe'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, 2021. Q3 2021 Summary Results   Q3 2021 (unaudited) Q3 2020 (unaudited) Change Vehicles Sold 13,074 4,232 +209% Retail 9,460 3,455 +174% Wholesale 3,614 777 +365% Revenue (£m)1 174.4 47.5 +267% Retail (£m) 136.1 44.4 +207% Wholesale (£m) 21.8 2.3 +848%

Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), Europe'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 fiscal 2021 results before the U.S. stock market opens on Tuesday, October 26, 2021. 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 invited to dial 1-877-704-6255, or for international callers, 1-215-268-9947. A webcast of the call will also be available on the investor relations page of the Company's website for 90 days at https://www.cazoo.co.uk/investors/. A

Record performance with 521% YoY increase in Revenue & 20,454 Vehicles Sold in H1 Cazoo Group Ltd. (NYSE:CZOO) ("Cazoo" or "the Company"), Europe'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 six months ended June 30, 2021. Summary Results   H1 2021 (unaudited) H1 2020 (unaudited) Change Vehicles Sold 20,454 4,084 +401% Retail 16,557 3,234 +412% Wholesale 3,897 850 +358% Revenue (£m)1 248 40 +521% Retail (£m) 208 37 +464% Wholesale (£m) 13 2 +409% Other