Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 11299 N. Illinois Street, Carmel, Indiana 46032 (Address of principal executive offices, including zip code) Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-34568 OPENLANE, Inc. (Exact name of Registrant as ...

OPENLANE, Inc. (NYSE:KAR) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Conference Call Participants Michael Eliason Peter Kelly Brad will provide more detail around our specific performance later in the call, but I would like to highlight a few key results from OPENLANE's third quarter. First, growth in both commercial and dealer transactions increased total marketplace volumes by 8% to 339,000 vehicles, with a total gross merchandise value of approximately $6 billion. We generated year-on-y ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-34568 OPENLANE, Inc. (Exact name of Registrant as specified in its charter) Indicate by check mark whether the registrant is a large accelerated filer ...

Peter Kelly Thank you, Mike and good morning, everybody. I'm delighted to be here this morning to provide you with an update on OPENLANE. Joining me on today's call is our Chief Financial Officer, Brad Lakhia. I'm going to begin with OPENLANE second quarter performance. And as usual, I will speak about our business in two segments; our marketplace segment and finance segment. I'm very pleased with our solid performance in the second quarter, particularly given an industry environment where volumes remain ti ...

| --- | --- | --- | |----------------------------------------------------------|-------|-------| | | | | | | | | | | | | | Second Quarter 2023 Earnings Slides // August 2, 2023 | | | | | | | This presentation includes forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations, are not guarantees of future performance and are subject to certain risks, trends, and uncertainties that ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-34568 OPENLANE, Inc. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer ...

But before I talk about what's changing, let me cover a few things that will not change. First, this rebrand will not apply to our floorplan business, AFC. And as mentioned in our press release, we will continue to trade under the ticker symbol, KAR, so there will be no confusion to our investor base. First, we're a pure play digital marketplace leader with deep strength in both the commercial and dealer segments of our industry, and this is an important differentiator. We are the clear industry leader in c ...

First Quarter 2023 Earnings Slides May 2, 2023 2 3 KAR Q1 2023 Highlights* | --- | --- | --- | |---------------------------------------------------------------------------------------|---------|---------| | KAR | Q1 2023 | Q1 2022 | | Total operating revenues from continuing operations | $420.6 | $369.4 | | Gross profit** | $196.4 | $158.6 | | % of revenue** | 46.7% | 42.9% | | SG&A | $108.0 | $118.9 | | Other (income) expense, net*** | $7.1 | $1.2 | | EBITDA | $80.4 | $38.4 | | Adjusted EBITDA | $58.9 | $4 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-34568 KAR Auction Services, Inc. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-34568 KAR Auction Services, Inc. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. ...