- In Q2 2025, the group’s gross profit rose 19% year-on-year
- Ebitda quadrupled year-on-year, outpacing gross profit per unit growth
Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, delivered what it claims is its most profitable quarter to date in Q2 2025, posting an Ebitda of over US$5 million (RM21 million) and continuing its trajectory of sustained, high-quality earnings.
In a statement, the company noted that in Q2 2025 the group recorded a 19% year-on-year (YoY) increase in gross profit, underpinned by continued strength across both its Wholesale and Retail businesses. Group-wide disciplined cost management continued to support operational efficiency.
It added that Q2 2025 Ebitda more than quadrupled YoY, outpacing gross profit per unit growth, reflecting improved monetisation and productivity gains as the group sharpens its operational playbook. Cumulative Ebitda for the first half of the year reached over US$10 million (RM42 million), a seven-fold increase on the same period last year.
Eric Cheng, co-founder and group CEO of Carsome, said: “Our agile operating model continues to drive market share gains in a rapidly evolving environment. We remain confident in delivering sustained profitable growth throughout the year, even amid regional macroeconomic uncertainties.
“We view mobility access as a structural need in Southeast Asia, not just a consumer preference. By anchoring our solutions in quality assurance and post-sale confidence, we are not only meeting current demand but cementing our long-term market leadership,” he added.
“Our newly introduced Carsome Value Plus range is one example of how we are broadening access to reliable vehicles for more market segments. This aligns with the broader national push for accessible mobility and to ease cost pressures,” Cheng said.
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