Financial PerformanceCarGurus, Inc. has demonstrated solid financial performance by surpassing both top- and bottom-line expectations and is now profitable across all its markets, including the U.S., Canada, and UK.
Market OpportunityThe Total Addressable Market for CG Buy Online is conservatively estimated at 1.1 million vehicles, indicating a substantial revenue opportunity for CARG.
Product ExpansionCG Buy Online is a new addition to CARG's product portfolio with full-online, end-to-end transactional capability, comparable to industry-leader Carvana, offering a streamlined car buying experience.