Vroom Investor Day Presentation Deck
pre-tax roe (uacc)
UACC Pre-tax Return on Equity ("Pre-Tax ROE") is a non-GAAP measure that is derived from amounts included in UACC consolidated GAAP financial statements. We calculate
Pre-Tax ROE as income before provision for income tax divided by equity. We believe that UACC Pre-Tax ROE is a useful measure to both management and investors as it
provides an indication of the economic return on the UACC investment over time. Pre-tax ROE is not a measure of financial performance under U.S. GAAP and is not intended to
be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with U.S. GAAP. The computation of pre-tax ROE is as
follows:
UACC net income
UACC Provision for income taxes
UACC income before provision for income tax
UACC Total stockholders' equity
UACC Pre-tax ROE
$
$
2021
38,464
12,445
50,910
113,662
44.8%
$
$
2020
Year Ended
(in thousands)
$
12,625
3,706
16,332
75,198
21.7%
$
2019
10,530
3,094
13,624
62,279
21.9%
$
$
2018
4,741
1,895
6.636
51,748
12.8%
78
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