Vroom Results Presentation Deck
financial highlights for uacc
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impacts to the ecommerce segment
Ecommerce segment will include captive financing for vehicles sold to
Vroom customers
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income statement
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incorporating uacc into the vroom model
new retail financing segment
Retail Financing includes UACC loans originated by third-party
independent dealership customers
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Ecommerce product revenue will include gains on securitizations or
forward flows for loans to Vroom customers and interest earned until
loans are sold (off-balance sheet securitizations)
Minimal impact to 10 results
Retail Financing revenue:
- Gains on securitization of third-party UACC originations and
interest earned until loans are sold (off-balance sheet
securitizations)
- Servicing income
- Interest income on historical, on-balance sheet loans
Retail Financing expense (cost of sales): expenses related to
historical on-balance sheet securitization debt
mim
1q 2022 highlights
$118 million of new loan originations
$350 million of unused capacity in warehouse credit facilities available
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balance sheet
finance receivables and securitization debt of uacc
on-balance sheet
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2020 and 2021 historical securitizations
Legacy dealership loans will run off in approximately 18 months
Loans and securitization debt are marked to fair value at each
reporting period ($5.6 million exclusion from Adjusted EBITDA
for 1Q)
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