TMTB: CVNA EBAY ETSY DASH First Takes

CVNA +30%: Absolutely crushes revs GP and EBITDA at $235 vs street at $131M and bogeys of $175 (we were at $185M). EBITDA margin 7.7% vs. 4.5%

RESULTS: Q1
ADJ EBITDA $235M vs. loss $24M y/y, EST $130.9M
Revenue $3.06B, +17% y/y, EST $2.68B
Retail vehicle unit sales 91,878, +16% y/y, EST 84,094
Retail vehicle gross profit per unit $6,432, +49% y/y, EST $2,854