CarLotz Inc - Ordinary Shares - Class A

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Carlotz - Co's Profit-Sharing Corporate Vehicle Sourcing Partner Informed That It Has Paused Consignments To Co

Published: 05/26/2021 10:42 GMT
CarLotz Inc - Ordinary Shares - Class A (LOTZ) - Carlotz - Co's Profit-sharing Corporate Vehicle Sourcing Partner Informed That It Has Paused Consignments to Co.
Carlotz - During 3 Months Ended March 31, 2021, Sourcing Partner Accounted for More Than 60% of Cars Sold and Sourced.
Carlotz Inc - for Q2 to Date Sourcing Partner Accounted for Less Than 50% of Cars Sold and About 25% of Cars Sourced.
Carlotz Inc - New Hub Pipeline Remains Strong and We Continue to Expect 14 to 16 Hub Openings This Year.
Carlotz Inc - Grand Openings of a Few New Hub Locations Will Come Later in Year Than Originally Planned.
Carlotz Inc - 2021 Contribution From New Hub Locations Will Be Less Than Previously Anticipated Due to Timing.
Carlotz Inc -sees FY 2021 Net Revenue of $272 to $317 Million, Which Represents More Than a 125% Increase Over 2020 Net Revenue.
Carlotz Inc -sees FY 2021 Retail Units Sold of 13,000 to 15,000.