{"id":5857,"date":"2025-06-26T00:00:00","date_gmt":"2025-06-25T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=5857"},"modified":"2025-06-24T21:58:46","modified_gmt":"2025-06-24T13:58:46","slug":"carsome-delivers-record-margins-kicking-off-2025-with-us4-3m-ebitda-after-a-profitable-close-to-fy2024-markup-1184","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=5857","title":{"rendered":"Carsome delivers record margins, kicking off 2025 with US$4.3M EBITDA after a profitable close to FY2024 | Markup #1184"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdBWJouhmjVeV4BHjWgQ0rwFL1CKqqo50lesCG6Rv2QElWYfPtAR1EnwvrSwbserKUIWHyJb2WnRaOB8YyOy9O1NFjhJYN31uINgagi4jfmEq8VcBEjnzlZDxNCJ_mm63pvIH3oHg?key=8Q15-KOPW3RAmZeAwm7AGA\" alt=\"\" style=\"width:488px;height:auto\"\/><figcaption class=\"wp-element-caption\">Photo credit: Carsome<\/figcaption><\/figure>\n<\/div>\n\n\n<p><strong>Accelerating Affordability<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u201cCarsome\u2019s focus has always been on building trust through consistency,\u201d shares <a href=\"https:\/\/www.linkedin.com\/in\/aaronkee\/\">Aaron Kee,<\/a> Chief Business Officer of 500-backed integrated car e-commerce platform <a href=\"http:\/\/carsome.my\">Carsome<\/a>.<\/li>\n\n\n\n<li>It is their focus on driving profitable growth across their core markets while strengthening their integrated automotive ecosystem that led to a strong start in 2025, with a US$4.3M EBITDA in Q1 after a profitable close to FY2024.<\/li>\n\n\n\n<li>Both wholesale and retail segments delivered record margin performance, driven by improved pricing algorithms, optimized sourcing strategies, and stronger unit economics.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.linkedin.com\/in\/ericcheng85\/\">Eric Cheng<\/a>, Co-founder &amp; Group CEO revealed that the company is on track to surpass their goals, including becoming operational cash flow positive this year.<\/li>\n\n\n\n<li>\u201cTime and time again we\u2019ve seen that faster is better than big. <a href=\"https:\/\/bit.ly\/44hOIxm\">Advantages come from resourcefulness, not just resources<\/a>,\u201d shares <a href=\"https:\/\/www.linkedin.com\/in\/khailee\/\">Khailee Ng<\/a>, <a href=\"https:\/\/500.co\/\">500 Global<\/a> Managing Partner.<\/li>\n\n\n\n<li>Read the full story on <a href=\"https:\/\/bit.ly\/44hOIxm\">Tech in Asia<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Accelerating Affordability<\/p>\n","protected":false},"author":5,"featured_media":5858,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[341],"class_list":["post-5857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-carsome"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - 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