Description
Carvana Co: Initiation Of Coverage – AI & 5 Major Growth Drivers!
Carvana Co.’s second quarter of 2024 earnings highlighted a compelling period of growth and profitability for the
company, earmarking significant strides toward their long-term goals in a highly competitive and expansive
market. Notably, Carvana achieved positive net income for the second consecutive quarter and reportedly set
new company records for adjusted EBITDA, margin, and GAAP operating income.
Positively, the call underlined increased retail units sold by 33% year-over-year despite concerted efforts to
enhance unit economics and maintain profitability.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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