Buy KAR
Amount
Latest price
$25.78
(£1.00 = $1.364)
Number of shares (est.)
0
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Metrics
Market Cap
$2.77B
P/E ratio
35.48
EPS
$0.727
Beta
1.40
Dividend rate
N/A
Dividend yield
N/A
About
OPENLANE, Inc. provides sellers and buyers across the global wholesale used vehicle industry with technology-driven remarketing solutions. The Company offers a digital marketplace for used vehicles, connecting sellers and buyers across North America and Europe. Its end-to-end platform supports the whole car, financing, logistics and other ancillary and related services. Its segments include Marketplace and Finance. Marketplace segment serves its customer base through digital marketplaces in the United States, Canada and Europe and vehicle logistics center locations across Canada. This segment includes private label remarketing solutions, which are offered to automobile manufacturers, captive finance companies and other commercial customers to offer vehicles digitally. Through Automotive Finance Corporation, the Finance segment provides short-term, inventory-secured financing, known as floorplan financing, primarily to independent vehicle dealers throughout the United States and Canada.
CEO
Mr. Peter J. Kelly
Employees
4,800
Sector
Cars
Company HQ
CARMEL, United States of America
Website
News
OPENLANE, Inc. (KAR) Q1 2025 Earnings Call Transcript
OPENLANE, Inc. (NYSE:KAR ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Jared Harnish - IR Peter Kelly - CEO Ryan Miller - VP of Finance, Marketplace Business Conference Call Participants Craig Kennison - Baird Rajat Gupta - JPMorgan Jeff Lick - Stephens Bret Jordan - Jefferies Operator Good day, and welcome to the OPENLANE's First Quarter 2025 Earnings Call. All participants will be in a listen-only mode.
OPENLANE, Inc. Reports First Quarter 2025 Financial Results
Marketplace dealer volume growth of 15% YoY Revenue of $460 million, representing 7% YoY growth, driven by 10% YoY Marketplace growth Income from continuing operations of $37 million, representing 99% YoY growth Adjusted EBITDA of $83 million, representing 11% YoY growth Cash flow from operating activities of $123 million, representing 22% YoY growth Authorized new $250 million share repurchase program CARMEL, Ind. , May 7, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its first quarter financial results for the period ended March 31, 2025.
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