Cazoo Group (CZOO.F) 주식 개요Cazoo Group Ltd는 영국 및 기타 유럽 지역에서 온라인 자동차 소매업체로 운영되고 있습니다. 자세히 보기CZOO.F 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적0/6재무 건전성0/6배당0/6위험 분석주식은 유동성이 매우 낮습니다최신 재무 보고서가 1년 이상 지났습니다.의미 있는 시가총액이 없습니다($4)모든 위험 점검 보기CZOO.F Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$0.000001100.0% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-628m1b2016201920222025202620282031Revenue UK£1.1bEarnings UK£46.9mAdvancedSet Fair ValueView all narrativesCazoo Group Ltd 경쟁사NxuSymbol: OTCPK:NXURMarket cap: US$5.1kJiuzi HoldingsSymbol: NasdaqCM:JZXNMarket cap: US$1.5mKaixin HoldingsSymbol: NasdaqCM:KXINMarket cap: US$9.9mU PowerSymbol: NasdaqCM:UCARMarket cap: US$26.0m가격 이력 및 성과Cazoo Group 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가US$0.00000152주 최고가US$0.0552주 최저가US$0.000001베타01개월 변동-99.00%3개월 변동n/a1년 변동-99.00%3년 변동-99.90%5년 변동-99.90%IPO 이후 변동-99.90%최근 뉴스 및 업데이트공시 • May 23Cazoo Receives Non-Compliance Notice from NYSE Regarding 20-F Filing DelinquencyCazoo Group Ltd. (“Cazoo” or “the Company”) announced receipt of a written notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) on May 16, 2024 stating that the Company is not in compliance with the NYSE continued listing standards set in Section 802.01E of the NYSE Listed Company Manual, which requires timely filing of all required periodic reports with the Securities and Exchange Commission (the “SEC”), because of the Company’s failure to timely file its Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Form 20-F”). As previously disclosed on May 1, 2024, Cazoo was unable to file its 2023 Form 20-F on or before the prescribed filing date without unreasonable effort or expense. As a result of the significant amount of time devoted by management to pursue strategic initiatives, and the Company’s pivot to the marketplace model, which has also required a dedication of the Company’s limited personnel and resources, and because of our liquidity concerns whereby we would not be able to demonstrate our ability to continue as a going concern in the medium- to long-term, the Company was unable to complete the preparation and review of its financial statements and disclosures for the 2023 Form 20-F. Moreover, as a result of the foregoing, the Company does not currently intend to file the 2023 Form 20-F. In accordance with Section 802.01E of the NYSE Listed Company Manual, the NYSE will closely monitor the status of the Company’s late filing and related public disclosures for up to six months from the date of the filing delinquency (the “Initial Cure Period”). The Company’s Class A ordinary shares will continue to trade on the NYSE during the Initial Cure Period, subject to the Company’s compliance with other continued listing requirements. Notwithstanding the foregoing, if circumstances warrant, the NYSE may commence delisting proceedings at any time.공시 • May 03Cazoo Group Ltd announced delayed 20-F filingOn 05/01/2024, Cazoo Group Ltd announced that they will be unable to file their next 20-F by the deadline required by the SEC.공시 • Mar 06Paul Whitehead to Step Back as CEO of Cazoo Group LtdCazoo Group Ltd. announced that following the conclusion of the Board’s review of the business and with a new strategic direction agreed and in place, Paul Whitehead has made the decision that now is the right time to step back as CEO. Paul has been with Cazoo for more than five years, having joined at its inception as Chief Operating Officer. Since his appointment as CEO, Paul has successfully focused Cazoo on the business’s core UK retail opportunity, delivered improved gross profit per unit quarter on quarter, significantly reduced costs and extended the company's cash runway. He oversaw completion of a restructure of the company's debt before leading the Board’s recent strategic review of Cazoo’s business model. Paul will step back as CEO at the end of March but will remain with Cazoo until at least mid-May as a strategic adviser to support its transition to the new business model.New Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-UK£78m). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (US$22.5m market cap).New Risk • Feb 18New major risk - Revenue and earnings growthEarnings have declined by 45% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-UK£78m). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$23.2m market cap).공시 • Dec 12Cazoo Group Ltd Announces Duncan Tatton-Brown Has Stepped Down as Non-Executive DirectorTrainline plc announced that Duncan Tatton-Brown has stepped down as a Non-executive Director of Cazoo Group Ltd. with effect from 7 December 2023. Duncan will continue his appointment as Chair of the Audit and Risk Committee of Trainline plc.더 많은 업데이트 보기Recent updates공시 • May 23Cazoo Receives Non-Compliance Notice from NYSE Regarding 20-F Filing DelinquencyCazoo Group Ltd. (“Cazoo” or “the Company”) announced receipt of a written notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) on May 16, 2024 stating that the Company is not in compliance with the NYSE continued listing standards set in Section 802.01E of the NYSE Listed Company Manual, which requires timely filing of all required periodic reports with the Securities and Exchange Commission (the “SEC”), because of the Company’s failure to timely file its Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Form 20-F”). As previously disclosed on May 1, 2024, Cazoo was unable to file its 2023 Form 20-F on or before the prescribed filing date without unreasonable effort or expense. As a result of the significant amount of time devoted by management to pursue strategic initiatives, and the Company’s pivot to the marketplace model, which has also required a dedication of the Company’s limited personnel and resources, and because of our liquidity concerns whereby we would not be able to demonstrate our ability to continue as a going concern in the medium- to long-term, the Company was unable to complete the preparation and review of its financial statements and disclosures for the 2023 Form 20-F. Moreover, as a result of the foregoing, the Company does not currently intend to file the 2023 Form 20-F. In accordance with Section 802.01E of the NYSE Listed Company Manual, the NYSE will closely monitor the status of the Company’s late filing and related public disclosures for up to six months from the date of the filing delinquency (the “Initial Cure Period”). The Company’s Class A ordinary shares will continue to trade on the NYSE during the Initial Cure Period, subject to the Company’s compliance with other continued listing requirements. Notwithstanding the foregoing, if circumstances warrant, the NYSE may commence delisting proceedings at any time.공시 • May 03Cazoo Group Ltd announced delayed 20-F filingOn 05/01/2024, Cazoo Group Ltd announced that they will be unable to file their next 20-F by the deadline required by the SEC.공시 • Mar 06Paul Whitehead to Step Back as CEO of Cazoo Group LtdCazoo Group Ltd. announced that following the conclusion of the Board’s review of the business and with a new strategic direction agreed and in place, Paul Whitehead has made the decision that now is the right time to step back as CEO. Paul has been with Cazoo for more than five years, having joined at its inception as Chief Operating Officer. Since his appointment as CEO, Paul has successfully focused Cazoo on the business’s core UK retail opportunity, delivered improved gross profit per unit quarter on quarter, significantly reduced costs and extended the company's cash runway. He oversaw completion of a restructure of the company's debt before leading the Board’s recent strategic review of Cazoo’s business model. Paul will step back as CEO at the end of March but will remain with Cazoo until at least mid-May as a strategic adviser to support its transition to the new business model.New Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-UK£78m). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (US$22.5m market cap).New Risk • Feb 18New major risk - Revenue and earnings growthEarnings have declined by 45% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-UK£78m). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$23.2m market cap).공시 • Dec 12Cazoo Group Ltd Announces Duncan Tatton-Brown Has Stepped Down as Non-Executive DirectorTrainline plc announced that Duncan Tatton-Brown has stepped down as a Non-executive Director of Cazoo Group Ltd. with effect from 7 December 2023. Duncan will continue his appointment as Chair of the Audit and Risk Committee of Trainline plc.New Risk • Dec 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 189% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-UK£78m). Shareholders have been substantially diluted in the past year (189% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£138m net loss in 2 years). Market cap is less than US$100m (US$25.6m market cap).New Risk • Dec 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.04m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-UK£78m). Market cap is less than US$10m (US$9.04m market cap). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (UK£138m net loss in 2 years).공시 • Oct 26Cazoo Group Ltd Provides Production Guidance for the Fiscal Year 2023Cazoo Group Ltd. provided production guidance for the fiscal year 2023. For the year, the company expects 50,000-52,000 total unit sales, of which 40,000-42,000 Retail units; Full-year Retail GPU approaching £1,250.공시 • Oct 12Cazoo Group Ltd to Report Q3, 2023 Results on Oct 25, 2023Cazoo Group Ltd announced that they will report Q3, 2023 results Pre-Market on Oct 25, 2023New Risk • Oct 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-UK£78m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£127m net loss in 2 years). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (US$21.2m market cap).New Risk • Sep 25New major risk - Revenue and earnings growthEarnings have declined by 45% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-UK£78m). Earnings have declined by 45% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$22.5m market cap).공시 • Sep 22Cazoo Group Ltd announced that it expects to receive $200 million in funding from Viking Global Investors LPCazoo Group Ltd announced that it has entered into transaction support agreement with certain noteholders representing more than 75% of its $630 million aggregate principal amount of 2.00% Convertible Senior Notes due 2027 and shareholders representing more than 25% of its outstanding Class A ordinary shares, the company will cancel all $630 million aggregate principal amount of its Convertible Notes in exchange for the issuance to the current holders of the Convertible Notes of $200 million aggregate principal amount of new senior secured notes due February 2027 and Class A ordinary shares of the company which will represent 92% of the company’s outstanding Class A shares after completion of the transactions on September 20, 2023. The transaction will include participation from returning investor, Viking Global Investors LP, certain funds, accounts and entities managed or advised by Farallon Capital Management, L.L.C, certain other holders of the Company’s 2.00% Convertible Senior Notes due 2027 and individual investors such as Alex Chesterman and Daniel Och.Major Estimate Revision • Aug 11Consensus EPS estimates fall by 28%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -UK£5.11 to -UK£6.52 per share. Revenue forecast unchanged at UK£783.7m. Specialty Retail industry in the US expected to see average net income decline 7.6% next year. Consensus price target of US$2.17 unchanged from last update. Share price fell 11% to US$1.22 over the past week.공시 • Aug 03Cazoo Group Ltd Provides Earnings Outlook for the Year 2023Cazoo Group Ltd. provided earnings outlook for the year 2023. For the period, the company reiterated 50,000-60,000 total unit sales, of which 40,000-50,000 Retail units.New Risk • Aug 03New major risk - Negative shareholders equityThe company has negative equity. Total equity: -UK£78m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-UK£78m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£128m net loss in 2 years). Market cap is less than US$100m (US$63.4m market cap).Reported Earnings • Aug 02First half 2023 earnings releasedFirst half 2023 results: Revenue: UK£419.0m (down 33% from 1H 2022). Net loss: UK£151.0m (loss narrowed 38% from 1H 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in the US.공시 • Jul 26Cazoo Group Ltd to Report Q2, 2023 Results on Aug 01, 2023Cazoo Group Ltd announced that they will report Q2, 2023 results Pre-Market on Aug 01, 2023공시 • May 20Cazoo Group Ltd, Annual General Meeting, Jun 20, 2023Cazoo Group Ltd, Annual General Meeting, Jun 20, 2023, at 13:00 Coordinated Universal Time. Location: 41-43 Chalton St London United Kingdom Agenda: To consider as an ordinary resolution to elect each of Paul Woolf and Duncan Tatton-Brown for a term of approximately three years as a Class II director of the Company, until the Company’s 2026 annual general meeting of shareholders and until their respective successors are duly elected and qualified; and to consider as an ordinary resolution to approve the re-appointment of Ernst & Young LLP, as the Company’s independent registered auditors for the year ending December 31, 2023 and until the Company’s 2024 annual general meeting of shareholders, and to authorize the Board to fix such auditor’s annual compensation.공시 • May 16The Platform Group GmbH & Co KG and Vive la Car GmbH completed the acquisition of Cluno GmbH from Cazoo Group Ltd (NYSE:CZOO).The Platform Group GmbH & Co KG and Vive la Car GmbH signed an agreement to acquire Cluno GmbH from Cazoo Group Ltd (NYSE:CZOO) on February 17, 2023. The agreement includes the Cluno brand along with the associated assets. Cluno GmbH had net assets of £26.2 million as at December 31, 2022. All employees of Cluno will transfer to ViveLaCar GmbH as part of the agreement. Cazoo has been paid for Cluno but the transaction has not yet completed. The Platform Group GmbH & Co KG and Vive la Car GmbH completed the acquisition of Cluno GmbH from Cazoo Group Ltd (NYSE:CZOO) on May 15, 2023.Major Estimate Revision • May 01Consensus EPS estimates fall by 32%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from UK£774.6m to UK£799.3m. Forecast EPS reduced from -UK£3.67 to -UK£4.84 per share. Specialty Retail industry in the US expected to see average net income decline 12% next year. Consensus price target down from US$5.15 to US$4.15. Share price fell 8.7% to US$1.78 over the past week.Reported Earnings • Apr 01Full year 2022 earnings releasedFull year 2022 results: Revenue: UK£1.25b (up 87% from FY 2021). Net loss: UK£518.0m (loss narrowed 4.7% from FY 2021). Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Specialty Retail industry in the US are expected to grow by 5.8%.Seeking Alpha • Feb 22Cazoo unloads Cazana brand to focus on core businessCazoo (NYSE:CZOO) on Wednesday said the company sold its third party data platform, Cazana, for an undisclosed sum. "The disposal aligns with Cazoo’s strategy to focus on its core business as the leading online car buying and selling platform in the UK as opposed to providing data services to third parties," Cazoo said in a statement. The agreement includes the sale of the Cazana brand, platform and commercial contracts. The sale is not expected to have any material impact on anticipated revenues for Cazoo in 2023, the company said. Press Release.공시 • Feb 18The Platform Group GmbH & Co KG and Vive la Car GmbH signed an agreement to acquire Cluno GmbH from Cazoo Group Ltd.The Platform Group GmbH & Co KG and Vive la Car GmbH signed an agreement to acquire Cluno GmbH from Cazoo Group Ltd on February 17, 2023. The agreement includes the Cluno brand along with the associated assets. All employees of Cluno will transfer to ViveLaCar GmbH as part of the agreement.Major Estimate Revision • Feb 12Consensus EPS estimates upgraded to UK£8.82 lossThe consensus outlook for fiscal year 2022 has been updated. 2022 losses forecast to reduce from -UK£10.32 to -UK£8.82 per share. Revenue forecast unchanged from UK£1.32b at last update. Online Retail industry in the US expected to see average net income growth of 22% next year. Consensus price target down from US$4.86 to US$1.96. Share price fell 39% to US$3.16 over the past week.Seeking Alpha • Feb 07Cazoo launches reverse share split, ups authorized capitalCazoo (NYSE:CZOO) on Tuesday announced that its board approved a consolidation of its issued and unissued share capital at a ratio of 1-for-20, as well as an increase in share capital. After giving effect to the reverse stock split and the share increase the company’s authorized share capital will be US$435,500, divided into 165,000,000 Class A ordinary shares, 2,500,000 Class B ordinary shares, 50,000,000 Class C ordinary shares and 250,000 preference shares, all of a par value of US$0.002 each.공시 • Jan 19+ 2 more updatesCazoo Group Ltd Appoints Mary Reilly as Independent Non-Executive DirectorEssentra plc announced that, Mary Reilly, Non-Executive Director and Chair of the Audit and Risk Committee, has been appointed as an independent non-executive director of Cazoo Group Limited with effect from 1 February 2023.Seeking Alpha • Jan 18Cazoo rises on Q4 updates, revised 2023 planCazoo Group (NYSE:CZOO) rose ~7% pre-market after the online car retailer updated on Q4 revenue and announced aims to rapidly improve the unit economics as part of revised 2023 plan. The company had consolidated its resources on the U.K. market in the past one year. In the current economic environment, CZOO believes the right course of action for 2023 is to focus on further improving its unit economics, reducing its fixed cost base and maximizing its cash runway. The 2023 top line ambitions have been reset to 40,000-50,000 U.K. retail units. Following the reset, retail unit sales are expected to return to growth in FY24 and beyond. CZOO said its Q4 U.K. revenue came to ~£315M and FY22 revenue to £1.25M. The company's U.K. retail units sold of around ~17,750 in Q4 and ~65,000 in FY22 U.K. retail GPU stood at ~£600 in Q4. The company had cash, cash equivalents and self-funded vehicles of over £325M at year-end. Additionally, CZOO appointed COO Paul Whitehead CEO, effective from the start of April. The roles of executive chairman and CEO will be split, with Alex Chesterman continuing in the role of full time executive chairman. Also, David Hobbs will step down from the board, effective from close of business on Jan. 31. Mary Reilly will join the board as a class I director, effective Feb. 1. Separately, the board has approved a share consolidation plan to bring the company's share price back into compliance with NYSE's listing standards. Source: Press ReleaseRecent Insider Transactions • Nov 23Founder recently bought US$1.7m worth of stockOn the 18th of November, Alexander Chesterman bought around 5m shares on-market at roughly US$0.32 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Alexander has been a buyer over the last 12 months, purchasing a net total of US$2.7m worth in shares.Board Change • Nov 16High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Founder, Chairman & CEO Alex Chesterman is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Seeking Alpha • Oct 27Cazoo reports Q3 resultsCazoo press release (NYSE:CZOO): Q3 vehicles sold up 82% Y/Y to 23,775 in Q3. Revenue of £347M (+102.9% Y/Y). Record UK Retail unit sales at 18,889, up 100% Y/Y as the consumer shift to online accelerates. UK Retail GPU of £488, up by a further £179 versus Q2. Cash of £308M and self-funded inventory of over £150M, in line with management’s expectations. Despite the continued weak macroeconomic environment affecting growth amongst our peers and across other retail sectors, we have maintained our strong Q3 momentum into October where we expect to maintain our growth rate of over 100% YoY and to continue to significantly increase our market share. During Q4, we expect to see continued strong progress, with UK retail unit sales growth continuing at over 100% YoY, along with significant further improvement to our UK Retail GPU. We continue to expect to reach cash flow breakeven without the need for additional external funding.Reported Earnings • Sep 30First half 2022 earnings released: UK£0.32 loss per share (vs UK£0.19 loss in 1H 2021)First half 2022 results: UK£0.32 loss per share (further deteriorated from UK£0.19 loss in 1H 2021). Revenue: UK£627.9m (up 153% from 1H 2021). Net loss: UK£241.5m (loss widened 137% from 1H 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Online Retail industry in the US.Seeking Alpha • Sep 08Cazoo stocks gains on plans to withdraw from EUCazoo Group (NYSE:CZOO) shares popped ~7% pre-market on Thursday after the online car retailer concluded strategic review of its EU business. The company has proposed to wind down operations in mainland Europe to focus on core UK market, a move that will result in estimated net savings of over £100M by end of 2023. As a result, Cazoo (CZOO) will initiate an orderly wind down of its operations in Germany and Spain and is in talks with its employee representatives in France and Italy. It will facilitate a structured closure for its customers, employees and suppliers and has notified the relevant employee representatives and unions in each market. Despite the challenging macro-economic backdrop, the growth in the UK remains strong, with retail unit sales up over 100% year-on-year in July and August. The firm is optimistic about future opportunities and its ability to capture a 5% or greater UK market share. Cazoo (CZOO) targets cash flow breakeven by the end of 2023, at which point it expects to still have ~£100M of cash on its balance sheet.Major Estimate Revision • Aug 10Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -UK£0.48 to -UK£0.56 per share. Revenue forecast unchanged at UK£1.41b. Online Retail industry in the US expected to see average net income growth of 5.7% next year. Consensus price target up from US$1.48 to US$1.60. Share price fell 5.8% to US$0.95 over the past week.Reported Earnings • Aug 03First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up UK£102.1m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Over the next year, revenue is forecast to grow 75%, compared to a 15% growth forecast for the industry in the US.Board Change • Aug 02High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Founder, Chairman & CEO Alex Chesterman is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Seeking Alpha • Aug 02Cazoo reports Q2 resultsCazoo press release (NYSE:CZOO): Q2 Revenue of £333M (+144.9% Y/Y). Vehicles sold up 124% YoY to 23,955 in Q2 as market share continues to grow considerably Retail units sold in Q2 at record 17,033, up 94% YoY despite the tough economic backdrop Material improvement to UK Retail GPU in Q2 at £309, up by £185 in comparison to Q1 2022. Alex Chesterman OBE, Founder & CEO of Cazoo, commented "I am particularly pleased that despite the weak economic environment affecting growth in other retail businesses and sectors, we have maintained our strong momentum into Q3 with record retail unit sales and revenues in July, whilst also growing our UK website inventory to record levels, highlighting the progress we have made with our reconditioning capabilities. Our balance sheet remains strong with over £575m of cash and self-financed inventory at the end of June."Board Change • Apr 27High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CFO & Director Stephen Morana is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Seeking Alpha • Apr 11Cazoo: Bullish Earnings Close Out A Record YearCazoo's fiscal 2021 earnings results capped off the strong year. Revenue for the year increased by 312% to reach a new record. The stock price is down nearly 70% from its 52-week high as growth stocks continue to falter in the new investing environment.Reported Earnings • Apr 09Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: UK£668.0m (up 312% from FY 2020). Net loss: UK£550.0m (loss widened 456% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 200%, compared to a 16% growth forecast for the retail industry in the US.분석 기사 • Dec 23Estimating The Intrinsic Value Of Cazoo Group Ltd (NYSE:CZOO)In this article we are going to estimate the intrinsic value of Cazoo Group Ltd ( NYSE:CZOO ) by taking the forecast...Seeking Alpha • Sep 13Cazoo Wants To Disrupt The European Car Buying ExperienceCazoo is a fast growing British and European online car retailer. These markets are an estimated $700 billion opportunity. Less than 2% of this is currently transacted online. The company is burning through cash as it rushes to grow gross margins and expand into new European markets.주주 수익률CZOO.FUS Specialty RetailUS 시장7D0%5.9%1.0%1Y-99.0%2.3%28.7%전체 주주 수익률 보기수익률 대 산업: CZOO.F은 지난 1년 동안 2.3%의 수익을 기록한 US Specialty Retail 산업보다 저조한 성과를 냈습니다.수익률 대 시장: CZOO.F은 지난 1년 동안 28.7%를 기록한 US 시장보다 저조한 성과를 냈습니다.주가 변동성Is CZOO.F's price volatile compared to industry and market?CZOO.F volatilityCZOO.F Average Weekly Movementn/aSpecialty Retail Industry Average Movement7.5%Market Average Movement7.2%10% most volatile stocks in US Market16.4%10% least volatile stocks in US Market3.1%안정적인 주가: CZOO.F의 주가는 지난 3개월 동안 US 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine CZOO.F의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트2018n/an/awww.cazoo.co.uk카주 그룹은 영국 및 기타 유럽 지역에서 온라인 자동차 소매업체로 운영되고 있습니다. 소비자는 온라인을 통해 자동차를 구매, 할부, 구독하여 배송 또는 수령할 수 있습니다. 카주 그룹은 2018년에 설립되었으며 영국 런던에 본사를 두고 있습니다.더 보기Cazoo Group Ltd 기초 지표 요약Cazoo Group의 순이익과 매출은 시가총액과 어떻게 비교됩니까?CZOO.F 기초 통계시가총액US$4.00순이익 (TTM)-US$629.94m매출 (TTM)US$1.46b0.0x주가매출비율(P/S)0.0x주가수익비율(P/E)CZOO.F는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표CZOO.F 손익계산서 (TTM)매출UK£1.08b매출원가UK£1.05b총이익UK£37.38m기타 비용UK£506.08m순이익-UK£468.70m최근 보고된 실적Jun 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)0총이익률0.00%순이익률0.00%부채/자본 비율0.0%CZOO.F의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 03:38종가2026/05/15 00:00수익2023/06/30연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Cazoo Group Ltd는 7명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Saim SaeedBerenbergDavid AmiraBofA Global ResearchCatherine O'NeillCitigroup Inc4명의 분석가 더 보기
공시 • May 23Cazoo Receives Non-Compliance Notice from NYSE Regarding 20-F Filing DelinquencyCazoo Group Ltd. (“Cazoo” or “the Company”) announced receipt of a written notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) on May 16, 2024 stating that the Company is not in compliance with the NYSE continued listing standards set in Section 802.01E of the NYSE Listed Company Manual, which requires timely filing of all required periodic reports with the Securities and Exchange Commission (the “SEC”), because of the Company’s failure to timely file its Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Form 20-F”). As previously disclosed on May 1, 2024, Cazoo was unable to file its 2023 Form 20-F on or before the prescribed filing date without unreasonable effort or expense. As a result of the significant amount of time devoted by management to pursue strategic initiatives, and the Company’s pivot to the marketplace model, which has also required a dedication of the Company’s limited personnel and resources, and because of our liquidity concerns whereby we would not be able to demonstrate our ability to continue as a going concern in the medium- to long-term, the Company was unable to complete the preparation and review of its financial statements and disclosures for the 2023 Form 20-F. Moreover, as a result of the foregoing, the Company does not currently intend to file the 2023 Form 20-F. In accordance with Section 802.01E of the NYSE Listed Company Manual, the NYSE will closely monitor the status of the Company’s late filing and related public disclosures for up to six months from the date of the filing delinquency (the “Initial Cure Period”). The Company’s Class A ordinary shares will continue to trade on the NYSE during the Initial Cure Period, subject to the Company’s compliance with other continued listing requirements. Notwithstanding the foregoing, if circumstances warrant, the NYSE may commence delisting proceedings at any time.
공시 • May 03Cazoo Group Ltd announced delayed 20-F filingOn 05/01/2024, Cazoo Group Ltd announced that they will be unable to file their next 20-F by the deadline required by the SEC.
공시 • Mar 06Paul Whitehead to Step Back as CEO of Cazoo Group LtdCazoo Group Ltd. announced that following the conclusion of the Board’s review of the business and with a new strategic direction agreed and in place, Paul Whitehead has made the decision that now is the right time to step back as CEO. Paul has been with Cazoo for more than five years, having joined at its inception as Chief Operating Officer. Since his appointment as CEO, Paul has successfully focused Cazoo on the business’s core UK retail opportunity, delivered improved gross profit per unit quarter on quarter, significantly reduced costs and extended the company's cash runway. He oversaw completion of a restructure of the company's debt before leading the Board’s recent strategic review of Cazoo’s business model. Paul will step back as CEO at the end of March but will remain with Cazoo until at least mid-May as a strategic adviser to support its transition to the new business model.
New Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-UK£78m). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (US$22.5m market cap).
New Risk • Feb 18New major risk - Revenue and earnings growthEarnings have declined by 45% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-UK£78m). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$23.2m market cap).
공시 • Dec 12Cazoo Group Ltd Announces Duncan Tatton-Brown Has Stepped Down as Non-Executive DirectorTrainline plc announced that Duncan Tatton-Brown has stepped down as a Non-executive Director of Cazoo Group Ltd. with effect from 7 December 2023. Duncan will continue his appointment as Chair of the Audit and Risk Committee of Trainline plc.
공시 • May 23Cazoo Receives Non-Compliance Notice from NYSE Regarding 20-F Filing DelinquencyCazoo Group Ltd. (“Cazoo” or “the Company”) announced receipt of a written notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) on May 16, 2024 stating that the Company is not in compliance with the NYSE continued listing standards set in Section 802.01E of the NYSE Listed Company Manual, which requires timely filing of all required periodic reports with the Securities and Exchange Commission (the “SEC”), because of the Company’s failure to timely file its Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Form 20-F”). As previously disclosed on May 1, 2024, Cazoo was unable to file its 2023 Form 20-F on or before the prescribed filing date without unreasonable effort or expense. As a result of the significant amount of time devoted by management to pursue strategic initiatives, and the Company’s pivot to the marketplace model, which has also required a dedication of the Company’s limited personnel and resources, and because of our liquidity concerns whereby we would not be able to demonstrate our ability to continue as a going concern in the medium- to long-term, the Company was unable to complete the preparation and review of its financial statements and disclosures for the 2023 Form 20-F. Moreover, as a result of the foregoing, the Company does not currently intend to file the 2023 Form 20-F. In accordance with Section 802.01E of the NYSE Listed Company Manual, the NYSE will closely monitor the status of the Company’s late filing and related public disclosures for up to six months from the date of the filing delinquency (the “Initial Cure Period”). The Company’s Class A ordinary shares will continue to trade on the NYSE during the Initial Cure Period, subject to the Company’s compliance with other continued listing requirements. Notwithstanding the foregoing, if circumstances warrant, the NYSE may commence delisting proceedings at any time.
공시 • May 03Cazoo Group Ltd announced delayed 20-F filingOn 05/01/2024, Cazoo Group Ltd announced that they will be unable to file their next 20-F by the deadline required by the SEC.
공시 • Mar 06Paul Whitehead to Step Back as CEO of Cazoo Group LtdCazoo Group Ltd. announced that following the conclusion of the Board’s review of the business and with a new strategic direction agreed and in place, Paul Whitehead has made the decision that now is the right time to step back as CEO. Paul has been with Cazoo for more than five years, having joined at its inception as Chief Operating Officer. Since his appointment as CEO, Paul has successfully focused Cazoo on the business’s core UK retail opportunity, delivered improved gross profit per unit quarter on quarter, significantly reduced costs and extended the company's cash runway. He oversaw completion of a restructure of the company's debt before leading the Board’s recent strategic review of Cazoo’s business model. Paul will step back as CEO at the end of March but will remain with Cazoo until at least mid-May as a strategic adviser to support its transition to the new business model.
New Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-UK£78m). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (US$22.5m market cap).
New Risk • Feb 18New major risk - Revenue and earnings growthEarnings have declined by 45% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-UK£78m). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 11x increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$23.2m market cap).
공시 • Dec 12Cazoo Group Ltd Announces Duncan Tatton-Brown Has Stepped Down as Non-Executive DirectorTrainline plc announced that Duncan Tatton-Brown has stepped down as a Non-executive Director of Cazoo Group Ltd. with effect from 7 December 2023. Duncan will continue his appointment as Chair of the Audit and Risk Committee of Trainline plc.
New Risk • Dec 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 189% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-UK£78m). Shareholders have been substantially diluted in the past year (189% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£138m net loss in 2 years). Market cap is less than US$100m (US$25.6m market cap).
New Risk • Dec 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.04m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-UK£78m). Market cap is less than US$10m (US$9.04m market cap). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (UK£138m net loss in 2 years).
공시 • Oct 26Cazoo Group Ltd Provides Production Guidance for the Fiscal Year 2023Cazoo Group Ltd. provided production guidance for the fiscal year 2023. For the year, the company expects 50,000-52,000 total unit sales, of which 40,000-42,000 Retail units; Full-year Retail GPU approaching £1,250.
공시 • Oct 12Cazoo Group Ltd to Report Q3, 2023 Results on Oct 25, 2023Cazoo Group Ltd announced that they will report Q3, 2023 results Pre-Market on Oct 25, 2023
New Risk • Oct 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-UK£78m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£127m net loss in 2 years). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (US$21.2m market cap).
New Risk • Sep 25New major risk - Revenue and earnings growthEarnings have declined by 45% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-UK£78m). Earnings have declined by 45% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$22.5m market cap).
공시 • Sep 22Cazoo Group Ltd announced that it expects to receive $200 million in funding from Viking Global Investors LPCazoo Group Ltd announced that it has entered into transaction support agreement with certain noteholders representing more than 75% of its $630 million aggregate principal amount of 2.00% Convertible Senior Notes due 2027 and shareholders representing more than 25% of its outstanding Class A ordinary shares, the company will cancel all $630 million aggregate principal amount of its Convertible Notes in exchange for the issuance to the current holders of the Convertible Notes of $200 million aggregate principal amount of new senior secured notes due February 2027 and Class A ordinary shares of the company which will represent 92% of the company’s outstanding Class A shares after completion of the transactions on September 20, 2023. The transaction will include participation from returning investor, Viking Global Investors LP, certain funds, accounts and entities managed or advised by Farallon Capital Management, L.L.C, certain other holders of the Company’s 2.00% Convertible Senior Notes due 2027 and individual investors such as Alex Chesterman and Daniel Och.
Major Estimate Revision • Aug 11Consensus EPS estimates fall by 28%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -UK£5.11 to -UK£6.52 per share. Revenue forecast unchanged at UK£783.7m. Specialty Retail industry in the US expected to see average net income decline 7.6% next year. Consensus price target of US$2.17 unchanged from last update. Share price fell 11% to US$1.22 over the past week.
공시 • Aug 03Cazoo Group Ltd Provides Earnings Outlook for the Year 2023Cazoo Group Ltd. provided earnings outlook for the year 2023. For the period, the company reiterated 50,000-60,000 total unit sales, of which 40,000-50,000 Retail units.
New Risk • Aug 03New major risk - Negative shareholders equityThe company has negative equity. Total equity: -UK£78m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-UK£78m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£128m net loss in 2 years). Market cap is less than US$100m (US$63.4m market cap).
Reported Earnings • Aug 02First half 2023 earnings releasedFirst half 2023 results: Revenue: UK£419.0m (down 33% from 1H 2022). Net loss: UK£151.0m (loss narrowed 38% from 1H 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in the US.
공시 • Jul 26Cazoo Group Ltd to Report Q2, 2023 Results on Aug 01, 2023Cazoo Group Ltd announced that they will report Q2, 2023 results Pre-Market on Aug 01, 2023
공시 • May 20Cazoo Group Ltd, Annual General Meeting, Jun 20, 2023Cazoo Group Ltd, Annual General Meeting, Jun 20, 2023, at 13:00 Coordinated Universal Time. Location: 41-43 Chalton St London United Kingdom Agenda: To consider as an ordinary resolution to elect each of Paul Woolf and Duncan Tatton-Brown for a term of approximately three years as a Class II director of the Company, until the Company’s 2026 annual general meeting of shareholders and until their respective successors are duly elected and qualified; and to consider as an ordinary resolution to approve the re-appointment of Ernst & Young LLP, as the Company’s independent registered auditors for the year ending December 31, 2023 and until the Company’s 2024 annual general meeting of shareholders, and to authorize the Board to fix such auditor’s annual compensation.
공시 • May 16The Platform Group GmbH & Co KG and Vive la Car GmbH completed the acquisition of Cluno GmbH from Cazoo Group Ltd (NYSE:CZOO).The Platform Group GmbH & Co KG and Vive la Car GmbH signed an agreement to acquire Cluno GmbH from Cazoo Group Ltd (NYSE:CZOO) on February 17, 2023. The agreement includes the Cluno brand along with the associated assets. Cluno GmbH had net assets of £26.2 million as at December 31, 2022. All employees of Cluno will transfer to ViveLaCar GmbH as part of the agreement. Cazoo has been paid for Cluno but the transaction has not yet completed. The Platform Group GmbH & Co KG and Vive la Car GmbH completed the acquisition of Cluno GmbH from Cazoo Group Ltd (NYSE:CZOO) on May 15, 2023.
Major Estimate Revision • May 01Consensus EPS estimates fall by 32%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from UK£774.6m to UK£799.3m. Forecast EPS reduced from -UK£3.67 to -UK£4.84 per share. Specialty Retail industry in the US expected to see average net income decline 12% next year. Consensus price target down from US$5.15 to US$4.15. Share price fell 8.7% to US$1.78 over the past week.
Reported Earnings • Apr 01Full year 2022 earnings releasedFull year 2022 results: Revenue: UK£1.25b (up 87% from FY 2021). Net loss: UK£518.0m (loss narrowed 4.7% from FY 2021). Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Specialty Retail industry in the US are expected to grow by 5.8%.
Seeking Alpha • Feb 22Cazoo unloads Cazana brand to focus on core businessCazoo (NYSE:CZOO) on Wednesday said the company sold its third party data platform, Cazana, for an undisclosed sum. "The disposal aligns with Cazoo’s strategy to focus on its core business as the leading online car buying and selling platform in the UK as opposed to providing data services to third parties," Cazoo said in a statement. The agreement includes the sale of the Cazana brand, platform and commercial contracts. The sale is not expected to have any material impact on anticipated revenues for Cazoo in 2023, the company said. Press Release.
공시 • Feb 18The Platform Group GmbH & Co KG and Vive la Car GmbH signed an agreement to acquire Cluno GmbH from Cazoo Group Ltd.The Platform Group GmbH & Co KG and Vive la Car GmbH signed an agreement to acquire Cluno GmbH from Cazoo Group Ltd on February 17, 2023. The agreement includes the Cluno brand along with the associated assets. All employees of Cluno will transfer to ViveLaCar GmbH as part of the agreement.
Major Estimate Revision • Feb 12Consensus EPS estimates upgraded to UK£8.82 lossThe consensus outlook for fiscal year 2022 has been updated. 2022 losses forecast to reduce from -UK£10.32 to -UK£8.82 per share. Revenue forecast unchanged from UK£1.32b at last update. Online Retail industry in the US expected to see average net income growth of 22% next year. Consensus price target down from US$4.86 to US$1.96. Share price fell 39% to US$3.16 over the past week.
Seeking Alpha • Feb 07Cazoo launches reverse share split, ups authorized capitalCazoo (NYSE:CZOO) on Tuesday announced that its board approved a consolidation of its issued and unissued share capital at a ratio of 1-for-20, as well as an increase in share capital. After giving effect to the reverse stock split and the share increase the company’s authorized share capital will be US$435,500, divided into 165,000,000 Class A ordinary shares, 2,500,000 Class B ordinary shares, 50,000,000 Class C ordinary shares and 250,000 preference shares, all of a par value of US$0.002 each.
공시 • Jan 19+ 2 more updatesCazoo Group Ltd Appoints Mary Reilly as Independent Non-Executive DirectorEssentra plc announced that, Mary Reilly, Non-Executive Director and Chair of the Audit and Risk Committee, has been appointed as an independent non-executive director of Cazoo Group Limited with effect from 1 February 2023.
Seeking Alpha • Jan 18Cazoo rises on Q4 updates, revised 2023 planCazoo Group (NYSE:CZOO) rose ~7% pre-market after the online car retailer updated on Q4 revenue and announced aims to rapidly improve the unit economics as part of revised 2023 plan. The company had consolidated its resources on the U.K. market in the past one year. In the current economic environment, CZOO believes the right course of action for 2023 is to focus on further improving its unit economics, reducing its fixed cost base and maximizing its cash runway. The 2023 top line ambitions have been reset to 40,000-50,000 U.K. retail units. Following the reset, retail unit sales are expected to return to growth in FY24 and beyond. CZOO said its Q4 U.K. revenue came to ~£315M and FY22 revenue to £1.25M. The company's U.K. retail units sold of around ~17,750 in Q4 and ~65,000 in FY22 U.K. retail GPU stood at ~£600 in Q4. The company had cash, cash equivalents and self-funded vehicles of over £325M at year-end. Additionally, CZOO appointed COO Paul Whitehead CEO, effective from the start of April. The roles of executive chairman and CEO will be split, with Alex Chesterman continuing in the role of full time executive chairman. Also, David Hobbs will step down from the board, effective from close of business on Jan. 31. Mary Reilly will join the board as a class I director, effective Feb. 1. Separately, the board has approved a share consolidation plan to bring the company's share price back into compliance with NYSE's listing standards. Source: Press Release
Recent Insider Transactions • Nov 23Founder recently bought US$1.7m worth of stockOn the 18th of November, Alexander Chesterman bought around 5m shares on-market at roughly US$0.32 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Alexander has been a buyer over the last 12 months, purchasing a net total of US$2.7m worth in shares.
Board Change • Nov 16High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Founder, Chairman & CEO Alex Chesterman is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Seeking Alpha • Oct 27Cazoo reports Q3 resultsCazoo press release (NYSE:CZOO): Q3 vehicles sold up 82% Y/Y to 23,775 in Q3. Revenue of £347M (+102.9% Y/Y). Record UK Retail unit sales at 18,889, up 100% Y/Y as the consumer shift to online accelerates. UK Retail GPU of £488, up by a further £179 versus Q2. Cash of £308M and self-funded inventory of over £150M, in line with management’s expectations. Despite the continued weak macroeconomic environment affecting growth amongst our peers and across other retail sectors, we have maintained our strong Q3 momentum into October where we expect to maintain our growth rate of over 100% YoY and to continue to significantly increase our market share. During Q4, we expect to see continued strong progress, with UK retail unit sales growth continuing at over 100% YoY, along with significant further improvement to our UK Retail GPU. We continue to expect to reach cash flow breakeven without the need for additional external funding.
Reported Earnings • Sep 30First half 2022 earnings released: UK£0.32 loss per share (vs UK£0.19 loss in 1H 2021)First half 2022 results: UK£0.32 loss per share (further deteriorated from UK£0.19 loss in 1H 2021). Revenue: UK£627.9m (up 153% from 1H 2021). Net loss: UK£241.5m (loss widened 137% from 1H 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Online Retail industry in the US.
Seeking Alpha • Sep 08Cazoo stocks gains on plans to withdraw from EUCazoo Group (NYSE:CZOO) shares popped ~7% pre-market on Thursday after the online car retailer concluded strategic review of its EU business. The company has proposed to wind down operations in mainland Europe to focus on core UK market, a move that will result in estimated net savings of over £100M by end of 2023. As a result, Cazoo (CZOO) will initiate an orderly wind down of its operations in Germany and Spain and is in talks with its employee representatives in France and Italy. It will facilitate a structured closure for its customers, employees and suppliers and has notified the relevant employee representatives and unions in each market. Despite the challenging macro-economic backdrop, the growth in the UK remains strong, with retail unit sales up over 100% year-on-year in July and August. The firm is optimistic about future opportunities and its ability to capture a 5% or greater UK market share. Cazoo (CZOO) targets cash flow breakeven by the end of 2023, at which point it expects to still have ~£100M of cash on its balance sheet.
Major Estimate Revision • Aug 10Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -UK£0.48 to -UK£0.56 per share. Revenue forecast unchanged at UK£1.41b. Online Retail industry in the US expected to see average net income growth of 5.7% next year. Consensus price target up from US$1.48 to US$1.60. Share price fell 5.8% to US$0.95 over the past week.
Reported Earnings • Aug 03First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up UK£102.1m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Over the next year, revenue is forecast to grow 75%, compared to a 15% growth forecast for the industry in the US.
Board Change • Aug 02High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Founder, Chairman & CEO Alex Chesterman is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Seeking Alpha • Aug 02Cazoo reports Q2 resultsCazoo press release (NYSE:CZOO): Q2 Revenue of £333M (+144.9% Y/Y). Vehicles sold up 124% YoY to 23,955 in Q2 as market share continues to grow considerably Retail units sold in Q2 at record 17,033, up 94% YoY despite the tough economic backdrop Material improvement to UK Retail GPU in Q2 at £309, up by £185 in comparison to Q1 2022. Alex Chesterman OBE, Founder & CEO of Cazoo, commented "I am particularly pleased that despite the weak economic environment affecting growth in other retail businesses and sectors, we have maintained our strong momentum into Q3 with record retail unit sales and revenues in July, whilst also growing our UK website inventory to record levels, highlighting the progress we have made with our reconditioning capabilities. Our balance sheet remains strong with over £575m of cash and self-financed inventory at the end of June."
Board Change • Apr 27High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. CFO & Director Stephen Morana is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Seeking Alpha • Apr 11Cazoo: Bullish Earnings Close Out A Record YearCazoo's fiscal 2021 earnings results capped off the strong year. Revenue for the year increased by 312% to reach a new record. The stock price is down nearly 70% from its 52-week high as growth stocks continue to falter in the new investing environment.
Reported Earnings • Apr 09Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: UK£668.0m (up 312% from FY 2020). Net loss: UK£550.0m (loss widened 456% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 200%, compared to a 16% growth forecast for the retail industry in the US.
분석 기사 • Dec 23Estimating The Intrinsic Value Of Cazoo Group Ltd (NYSE:CZOO)In this article we are going to estimate the intrinsic value of Cazoo Group Ltd ( NYSE:CZOO ) by taking the forecast...
Seeking Alpha • Sep 13Cazoo Wants To Disrupt The European Car Buying ExperienceCazoo is a fast growing British and European online car retailer. These markets are an estimated $700 billion opportunity. Less than 2% of this is currently transacted online. The company is burning through cash as it rushes to grow gross margins and expand into new European markets.
