Record Revenue Growth
Revenue of $175.6 million grew by $16.9 million or 10.6% year-over-year, marking the strongest annual revenue growth since 2017.
Improvement in EBITDA and Cash Flow
Adjusted EBITDA of $1.6 million grew by $15.43 million year-over-year. Cash flow from operations increased by $30.1 million year-over-year.
Increase in Unit Sales
Total unit sales of 356,000 increased by 37,300 or 11.7% year-over-year, with new vehicle unit sales up 15.6%.
Launch of TC Plus
Introduced the first digital marketplace enabling online transactions for new, used, and certified pre-owned vehicles.
Dealer Network Expansion
Franchise dealer count grew by 119 dealers, a 1.4% year-over-year increase, with positive momentum across multiple business areas.
AI and Machine Learning Integration
Significant investments in AI and machine learning models led to enhanced consumer insights and improved lead conversion rates.