Carvana (CVNA) - 2024 Q4 - Annual Results

E x h i b i t 9 9 . 1 Annual Results 1 2024 Highlights FINANCIAL RESULTS EFFICIENCY & SCALABILITY CUSTOMER EXPERIENCE • Achieved record company-level profitability for full year 2024 ◦ Net income of $404 million, Net income margin of 3.0$990 million, GAAP Operating margin of 7.2% ◦ Adjusted EBITDA of $1.378 billion, Adjusted EBITDA margin of 10.1% • Returned to significant retail unit growth ◦ Retail units sold of 416,348, a 33% increase year-over-year • Delivered substantial co ...