---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-058050"
form_type: "8-K"
ticker: "VRM"
cik: "0001580864"
company_name: "Vroom, Inc."
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:19:49.125885+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vroom reports Q1 net loss from continuing ops of $44.7M; cash $91M; ecommerce wind-down substantially complete

## Summary
- Net loss from continuing operations $44.7M vs. $15.5M loss in Q1 2023; Adjusted EBITDA -$32.2M.
- Interest income $51.1M (+48.6% YoY) driven by UACC; net interest income after losses $5.9M (-47.1%).
- Cash and cash equivalents $91.0M; cash burn primarily from ecommerce wind-down costs.
- UACC completed $262.5M securitization in April 2024; non-investment grade notes sold in May.
- CarStory segment Adjusted EBITDA $0.6M; total company net loss $67.6M (including discontinued ops).

## SEC filing metadata
- accession: 0000950170-24-058050
- form_type: 8-K
- ticker: VRM
- cik: 0001580864
- company_name: Vroom, Inc.
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580864/000095017024058050/0000950170-24-058050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580864/000095017024058050/vrm-20240510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-058050
- JSON: https://secwatch.observer/filing/0000950170-24-058050.json
- Plain text: https://secwatch.observer/filing/0000950170-24-058050.txt

## Key facts
- Earnings Releases
  Vroom, Inc. reported first quarter ended March 31, 2024 results: net income $(44.7) million net loss from continuing operations.
  - Period: first quarter ended March 31, 2024
  - Net income: $(44.7) million net loss from continuing operations
  - Result: reported results
  source text: Vroom, Inc. (Nasdaq:VRM) today announced financial results for the first quarter ended March 31, 2024. HIGHLIGHTS OF FIRST QUARTER 2024 • $91.0 million cash and cash equivalents as of March 31, 2024 • $(44.7) million net loss from continuing operations • $(32.2) million Adjusted EBITDA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580864/000095017024058050/0000950170-24-058050-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.