Detail akcie Americas Car online

Business Summary: America's Car-Mart, Inc. is an automotive retailer in the United States. The Company operates in the integrated auto sales and finance segment of the used car market. In this industry, the nature of the sale and the financing of the transaction, financing processes, the type of customer and the methods used to distribute the Company’s products and services, including the actual servicing of the contracts, as well as the regulatory environment in which the Company operates, all have similar characteristics. The Company’s operations are principally conducted through its two operating subsidiaries, America’s Car Mart, Inc., an Arkansas corporation (Car-Mart of Arkansas) and Colonial Auto Finance, Inc., an Arkansas corporation (Colonial). The Company primarily sells older model used vehicles and provides financing for substantially all of its customers. The Company operates approximately 156 dealerships located primarily in small cities throughout the South-Central United States.
Financial Summary: BRIEF: For the nine months ended 31 January 2024, America's Car-Mart, Inc. revenues increased 1% to $1.03B. Net loss applicable to common stockholders totaled $31.8M vs. income of $18.3M. Revenues reflect Interest and other income increase of 22% to $175.1M. Net loss reflects Provision for credit losses increase of 28% to $321.3M (expense), Interest Expense increase of 87% to $47.6M (expense).