Cazoo(US:CZOO)2022-04-07 11:28Financial Performance & Growth - Cazoo achieved total unit sales of 49,853 in FY2021[11] - Cazoo's revenue for FY2021 was £668 million, representing a 312% year-over-year growth[11] - UK Retail GPU (Gross Profit per Unit) for FY2021 was £427, showing a year-over-year growth of +£656[11] - Q4 revenue reached £162 million with 34700 units sold[14] Market Opportunity & Targets - Cazoo is targeting a total addressable market (TAM) of over £300 billion across 5 countries[9] - The UK market represents over £100 billion of the total addressable market[9] - Medium-term targets for the "Big 4" countries include ~180k retail units and ~£270m in gross profit[9] - Long-term targets include ~2 million retail units and ~£6 billion in gross profit[9] - 2022 guidance projects over 100k retail units sold, generating over £2 billion in revenue[15] Expansion & Infrastructure - Cazoo has expanded its operations to 5 countries[7] - The company has established 11 in-house reconditioning sites[7,8] - Reconditioning capacity is approximately 250,000 vehicles per annum[7,18]