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vroom Vroom Reports First Quarter 2021 Results May 12 , 2021 Vroom Delivers Record Ecommerce Units and Gross Profit Ecommerce Unit Sales Up 96 % YoY Ecommerce Gross Profit Up 123 % YoY NEW YORK -- ( BUSINESS WIRE ) -- May 12 , 2021-- Vroom , Inc. ( Nasdaq : VRM ) , a leading ecommerce platform for buying and selling used vehicles , today announced financial results for the first quarter ended March 31 , 2021 . HIGHLIGHTS OF FIRST QUARTER 2021 • 15,504 ecommerce units sold , up 96 % YoY • Ecommerce revenue of $ 422.3 million , up 81 % YoY • Ecommerce gross profit of $ 31.8 million , up 123 % YoY • Completed the acquisition of CarStory business Paul Hennessy , Chief Executive Officer of Vroom , commented : " Vroom delivered record results in the first quarter of 2021 , with total gross profit nearly doubling versus the same period in the prior year as we delivered exceptional growth and improving unit economics . Our strong results were led by robust Ecommerce unit growth of 96 % , coupled with accelerating Ecommerce Gross Profit Per Unit through the quarter . Demand for our convenient , online used vehicle shopping experience remains strong in a dynamic environment , and we continue to reap benefits from scaling our hybrid , asset - light model . As we look ahead , we will continue to execute against our plan to increase the velocity of our flywheel by growing inventory , expanding reconditioning capacity , and investing in logistics and our end - to - end ecommerce experience , among other initiatives , to deliver an attractive offering for our customers and demonstrate improvement in our unit economics over time . " FIRST QUARTER 2021 FINANCIAL DISCUSSION All financial comparisons are on a year - over - year basis unless otherwise noted . Ecommerce Results Ecommerce units sold Ecommerce revenue : Vehicle revenue Product revenue Total ecommerce revenue Ecommerce gross profit : Vehicle gross profit Product gross profit Total ecommerce gross profit Average vehicle selling price per ecommerce unit Gross profit per ecommerce unit : Vehicle gross profit per ecommerce unit Product gross profit per ecommerce unit Total gross profit per ecommerce unit Ecommerce average days to sale Ecommerce Units $ $ FA $ $ $ $ $ Three Months Ended March 31 , 2021 ( in thousands , except unit data and average days to sale ) 15,504 7,930 408,314 $ 13,994 422,308 $ 17,843 $ 13,994 31,837 $ 26,336 $ 1,151 903 2,054 83 $ 2020 $ 225,606 7,566 233,172 $ $ 6,701 $ 7,566 14,267 $ 28,450 $ 954 1,799 68 845 $ $ Change 7,574 182,708 6,428 189,136 11,142 6,428 17,570 ( 2,114 ) 306 ( 51 ) 255 15 % Change 95.5 % 81.0 % 85.0 % 81.1 % 166.3 % 85.0 % 123.2 % ( 7.4 ) % 36.2 % ( 5.3 ) % 14.2 % 22.1 % Ecommerce units sold increased 95.5 % to 15,504 driven by increased consumer demand , higher inventory levels and increased marketing spend . Average monthly unique visitors to our platform increased 63.7 % to 1,550,258 .