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**Company Information:**

**Name:** Carvana Co.

**Ticker Symbol:** CVNA

**Exchange:** New York Stock Exchange (NYSE)

**Business Overview:**

Carvana is an online used car retailer that offers a fully digital car-buying experience. Customers can browse, finance, and purchase vehicles entirely online and have them delivered to their doorstep or picked up at a Carvana vending machine.

**Financial Performance:**

* **Revenue:** $12.8 billion in 2022, a 15% increase from 2021

* **Net Income:** $49 million in 2022, compared to a loss of $1.1 billion in 2021

* **Earnings Per Share (EPS):** $0.14 in 2022, compared to a loss of $2.64 in 2021

**Growth and Expansion:**

* Carvana has rapidly expanded its operations in recent years, increasing its number of vending machines and delivery hubs.

* The company plans to continue expanding its geographic footprint and investing in technology to enhance the customer experience.

**Industry Outlook:**

The used car market is expected to continue growing in the coming years, driven by factors such as rising new car prices and the increasing popularity of online car buying.

**Key Strengths:**

* Fully digital car-buying experience

* Extensive inventory of used vehicles

* Convenient delivery and pickup options

* Strong brand recognition

**Key Risks:**

* Competition from traditional car dealerships and other online retailers

* Fluctuations in used car prices

* Economic downturns that could impact consumer spending

**Investment Considerations:**

Carvana is a high-growth company with a disruptive business model. However, it is also a relatively young company with a history of losses. Investors should carefully consider the risks and potential rewards before investing in CVNA.

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