$CZOO News
Last published 2y ago
- 2y agoCZOOCazoo Receives Non-compliance Notice from NYSE Regarding 20-F Filing DelinquencyBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK online used car platform, announces receipt of a written notice (the "Notice") from the New York Stock Exchange (the "NYSE") on May 16, 2024 stating that
- 2y agoCZOOCazoo Announces Transition to Pure-Play Automotive Marketplace Business ModelBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK online used car platform which makes buying and selling a car as simple as ordering any other product online, announces its intention to transition to a
- 2y agoCZOOCazoo Announces Completion of Debt Restructuring and Related Transactions on December 6, 2023Business WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK online used car retailer, which makes buying and selling a car as simple as ordering any other product online, announces today the completion of its
- 2y agoCZOOCazoo Updates Methodology for Settlement of Exchange OfferBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK online used car retailer, which makes buying and selling a car as simple as ordering any other product online, announces an update to the methodology for
- 2y agoCZOOCazoo Announces Reverse Stock Split and Increase in Authorized Share CapitalBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo," the "Company," "we," "us" or "our"), the UK online car retailer, which makes buying and selling a car as simple as ordering any other product online, announced today that its Board
- 2y agoCZOOCazoo To Complete Exchange Offer with 100% of NoteholdersBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK online used car retailer, which makes buying and selling a car as simple as ordering any other product online, announces today the final results of its
- 2y agoCZOOCazoo Announces Expected Record Date for Distribution of Warrants and Expected Effective Date for Reverse Stock SplitBusiness WireCazoo Expects Transactions to be Completed on December 6, 2023 Cazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK online used car retailer, which makes buying and selling a car as simple as ordering any
- 2y agoCZOOCazoo Announces All Resolutions Approved at Extraordinary General MeetingBusiness WireShareholders vote in favour of Transactions to materially reduce Cazoo's indebtedness Transactions significantly reduce Cazoo's indebtedness from $630 million to $200 million Deleveraged capital structure will
- 2y agoCZOOCazoo Secures 100% Consent from Noteholders to Participate in the Exchange OfferBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK online used car retailer, which makes buying and selling a car as simple as ordering any other product online, announced that the Company has secured
- 3y agoCZOOCazoo Launches Exchange Offer Relating to Existing Convertible NotesBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's leading independent online car retailer, which makes buying and selling a car as simple as ordering any other product online, announced today that it is
- 3y agoCZOOCazoo Announces Third Quarter 2023 Financial ResultsBusiness WireNew Record Retail GPU of £1,470 in Q3 2023 Significant improvement to Gross Margin Cost reductions result in strong cash position Q3 2023 Retail GPU up 14% versus Q2 2023 and up 201% YoY Gross Margin improves
- 3y agoCZOOCazoo to Announce Third Quarter 2023 Results on October 25, 2023Business WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's independent leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces the Company
- 3y agoCZOOCazoo Announces Restructuring Agreement with Noteholders to Materially Reduce its Debt and Improve its Capital StructureBusiness WireNoteholders signal continued support for Cazoo Debt reduction provides enhanced financial flexibility to support future growth $630 million of Convertible Notes to be cancelled in exchange for $200 million of new
- 3y agoCZOOCazoo Group Ltd. (CZOO) Q2 2023 Earnings Call TranscriptEarnings Call Transcripts
- 3y agoCZOOCazoo Reports Strong Second Quarter and First Half 2023 Financial ResultsBusiness WireSignificant continued improvement in Retail GPU Year-on-year adjusted EBITDA loss reduced by over 50% Further £20+ million of annual cash savings identified for 2024 Strong Q2 2023 Retail GPU of £1,290, up 32% QoQ
- 3y agoCZOOCazoo Provides Business Performance & Strategic Update for April 2023Business WireQ2 2023 Retail GPU expected to exceed £1,200 Cost reduction plan executed and EU exit complete Exploring debt restructuring options with Noteholders Highest ever level of Retail GPU achieved in April building on
- 3y agoCZOOCazoo EU Exit Complete Following Sale of Cluno in GermanyBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's leading independent online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces the
- 3y agoCZOOCazoo Announces First Quarter 2023 Financial ResultsBusiness WireRecord Retail GPU of £980 in Q1 2023 (over £1,200 in March) Business restructuring complete Strong cash position Record Retail GPU of £980 in Q1, up 690% YoY, ahead of expectations Achieved new record level of
- 3y agoCZOOCazoo to Announce First Quarter 2023 Results on April 27, 2023Business WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's independent leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces the Company
- 3y agoCZOOCazoo Announces Filing of Annual Report on Form 20-F for Fiscal Year 2022Business WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's leading independent online car retailer, which makes buying and selling a car as simple as ordering any other product online, announces that it has filed
- 3y agoCZOOCazoo Announces Fourth Quarter and Full Year 2022 Financial ResultsBusiness WireFY 2022 record revenue of £1.25bn 120,000+ cars sold entirely online since launch Significant further improvement to Retail GPU performance Record FY 22 revenue of £1.25bn (+91% YoY) and UK Retail units of 65,366
- 3y agoCZOOCazoo to Announce Full-Year and Fourth Quarter 2022 Results on March 30, 2023Business WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces the Company will release
- 3y agoCZOOCazoo Provides Year-to-Date Business Performance UpdateBusiness WireStrong progress on GPU with significant QoQ improvement Restructuring on track and to be completed by end March COO appointment draws on deep automotive experience January & February retail GPU tracking at
- 3y agoCZOOCazoo Sells Cazana Data PlatformBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or the "Company"), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, has sold its third party data platform,
- 3y agoCZOOCazoo Agrees Sale of German Subscription BusinessBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or the "Company"), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, has agreed to sell its German
- 3y agoCZOOCazoo Announces Reverse Stock Split and Increase in Authorized Share CapitalBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo," the "Company," "we," "us" or "our"), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, announced today that
- 3y agoCZOOCazoo Announces Fourth Quarter 2022 Preliminary Financial Results and Revised 2023 PlanBusiness WireStrong end to FY22 with revised FY23 plan aimed at rapidly improving unit economics and extending cash runway Strong UK Retail unit sales of ~17,750 in Q4, up 100%+ YoY as consumers continue to shift online Q4 UK
- 3y agoCZOOCazoo Sells Its Spanish Subscription BusinessBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or the "Company"), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, has sold its Spanish subscription
- 4y agoCZOOCazoo Noteholders Voluntarily Extend Lock-Up PeriodBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or the "Company"), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces that holders
- 4y agoCZOOCazoo sells its Italian operations to Aramis GroupBusiness WireAs part of Cazoo Group Ltd's (NYSE:CZOO) strategic review of its European business, Aramis Group SA ("Aramis Group") and Cazoo Holdings Limited have reached an agreement for Aramis Group to acquire 100% of the capital
- 4y agoCZOOCazoo Announces Third Quarter 2022 Financial ResultsBusiness WireUK revenues and retail unit sales up 100% YoY with significant further progress on UK Retail GPU Record UK revenues of £347m in Q3, up 103% YoY driven by very strong UK retail sales growth Record UK Retail unit
- 4y agoCZOOCazoo Announces Third Quarter Fiscal 2022 Earnings Release Date, Conference Call and WebcastBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announced the Company will release
- 4y agoCZOOCazoo Announces Conclusion of Strategic Review of its EU BusinessBusiness WireCazoo proposes to wind down operations in mainland Europe to focus on core UK market EU withdrawal ensures business has a plan that removes requirement for further funding UK used car market largest in Europe with c.8m transactions worth over
- 4y agoCZOOCazoo Announces Second Quarter and First Half 2022 Financial ResultsBusiness WireQ2 Revenues up 145% YoY with record unit sales and significant improvement to UK Retail GPU Record revenues of £333m in Q2, up 145% YoY driven by substantial UK retail sales growth Vehicles sold up 124% YoY to 23,955 in Q2 as market share cont
- 4y agoCZOOCazoo to Announce Second Quarter and First Half 2022 Results on August 2, 2022Business WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), Europe's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announced the Company will release its second quarter and first half
- 4y agoCZOOCazoo Launches in ItalyBusiness WireLaunch in Italy follows the acquisition of brumbrum in January of this year brumbrum now fully integrated into the Cazoo proposition throughout Italy Cazoo makes buying a car as simple as ordering any other product online Over 75,000 used
- 4y agoCZOOCazoo Announces Business Realignment PlanBusiness WirePlan designed to de-risk path to profitability and to extend cash runway beyond year end 2023 Cazoo to implement a business realignment plan given current economic climate Plan designed to right-size the business and position Cazoo for profit
- 4y agoCZOOCazoo Launches in SpainBusiness WireLaunch in Spain follows successful launches in Germany & France in late 2021 Cazoo makes buying a car as simple as buying any other product online today Sold over 65,000 cars online in the UK since its launch just over two years ago Cazoo
- 4y agoCZOOCazoo Announces Filing of Annual Report on Form 20-F for Fiscal Year 2021Business WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), Europe's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online today, announced that it has filed its annual report on Form 20-F for the f
- 4y agoCZOOCazoo Announces First Quarter 2022 Financial ResultsBusiness WireRecord revenues up 159% YoY to £295m in Q1 with Retail units sold up 53% quarter on quarter Record revenues of £295m up 159% YoY driven by continued strong retail sales growth Vehicles sold up 102% YoY to 19,713 in Q1 as demand for propositio
- 4y agoCZOOCazoo Announces Fourth Quarter and Full Year 2021 Financial ResultsBusiness WireRecord year with 312% YoY increase in Revenue & 49,853 Vehicles Sold in FY 2021 Record revenues of £668m, up 312% YoY driven by significant UK retail sales growth Vehicles sold up 233% YoY, to 49,853 as consumers continue to embrace propos
- 4y agoCZOOCazoo Announces Upcoming Financial Reporting DatesBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), Europe's leading online car retailer, which makes buying and selling a car as simple and seamless as ordering any other product online, today announced the reporting date for its fourth quarter and
- 4y agoCZOOCazoo Raises $630 Million From Investor Group Led by Viking Global Investors to Support Continued Growth and Expansion in the UK and EUBusiness WireInvestor group led by Viking Global Investors to invest $630 million in 2.00% Convertible Notes Significant progress since launch with market leading platform, team, brand and infrastructure Achieved record revenues up ~300% to over £665 mill
- 4y agoCZOOCazoo to Acquire Leading Italian Online Car Retailer, brumbrumBusiness Wirebrumbrum is Italy's leading online used car retail & subscription player Offering a wide selection of cars for purchase, finance or subscription Team of over 180 with strong management and local market expertise In-house vehicle preparatio
- 4y agoJPMARVLGOOGLAMZN+5London Stock Exchange Seeks to Shed Jurassic Park Image and Lure IPOsBloomberg
- 4y agoCZOOCazoo Launches in France and GermanyBusiness Wire…driving its expansion into mainland Europe Launch in France & Germany follows highly successful UK launch 2 years ago Cazoo makes buying a car as simple as buying any other product online today Sold over 45,000 cars online since its laun
- 4y agoCZOOCazoo Announces Participation in Upcoming Investor ConferencesBusiness WireCazoo Group Ltd (NYSE:CZOO) ("Cazoo" or "the Company"), Europe's leading online car retailer, which makes buying and selling a car as simple and seamless as ordering any other product online, today announced the Company will participate virtually in the
- 4y agoCZOOCazoo Acquires Swipcar as It Drives Ahead With European ExpansionBusiness WireSwipcar is a leading Spanish digital car subscription marketplace Based in Barcelona with growing presence in Italy and Portugal Offers a wide selection of cars for all-inclusive monthly payment Team of almost 100 people with strong digita
- 5y agoCZOOCazoo Announces Third Quarter 2021 Financial ResultsBusiness WireRecord performance with Revenue up 267% YoY & significant increase in Retail GPU Cazoo Group Limited (NYSE:CZOO) ("Cazoo" or "the Company"), Europe's leading online car retailer, which makes buying and selling a car as simple as ordering any other pr
- 5y agoCZOOCazoo to Expand Its Offering Into Commercial VehiclesBusiness Wire…and to acquire UK online van retailer Vans365 Cazoo (NYSE:CZOO), Europe's leading online car retailer, which makes buying and selling a car as simple and seamless as ordering any other product online, today announced that it has agreed to acquire