OPENLANE, Inc.KAR

Market cap

$3.1B

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Auction fees	-	-	-	-	-	-	-	-	-	888	878	370	395	444
Service revenue	-	-	-	-	-	-	-	-	-	737	707	590	620	587
Purchased vehicle sales	-	-	-	-	-	-	-	-	296	295	377	183	237	327
Finance revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	431
Total operating revenues	1,886	1,963	2,173	2,365	2,640	3,150	3,458	3,770	2,782	2,188	2,252	1,519	1,645	1,789
Cost of services (exclusive of depreciation and amortization)	-	-	-	-	-	-	-	-	1,617	1,285	1,300	834	868	956
Finance interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	124
Provision for credit losses	8	10	12	17	19	41	39	39	40	44	9	19	59	54
Selling, general and administrative	389	419	490	471	502	583	640	733	662	545	558	445	430	409
Depreciation and amortization	180	190	194	197	213	241	265	270	189	191	183	100	102	95
Gain on sale of business	-	-	-	-	-	-	-	-	-	-	-	-	-	32
Gain on sale of property	0	2	-0	0	-1	-0	1	1	-0	-	-	34	-	-
Goodwill and Intangible Asset Impairment	-	-	-	-	-	-	-	-	-	30	-	-	251	-
Total operating expenses	1,604	1,696	1,917	1,987	2,212	2,651	2,892	3,145	2,468	2,051	2,041	1,346	1,650	1,606
Operating profit (loss)	282	267	257	378	427	499	566	624	314	136	211	174	-5	182
Interest expense	143	119	105	86	91	139	164	192	190	129	127	119	156	22
Other expense (income), net	5	4	3	4	5	1	2	4	8	-2	18	1	16	-2
Loss on extinguishment of debt	-53	-	-5	-30	-	-5	-27	-	-2	-	-	-17	-1	-
Income (loss) from continuing operations before income taxes	-	-	-	-	-	-	-	-	-	-	102	39	-146	158
Income taxes	18	60	82	96	126	133	36	108	38	5	35	10	8	48
Income (loss) from continuing operations	-	-	-	-	-	-	-	-	92	1	67	29	-155	110
Income from discontinued operations, net of income taxes	-	-	-	-	-	-	-	-	96	-	-	213	1	-
Net income (loss)	-	-	68	169	215	222	362	328	189	1	67	241	-154	110
Income (loss) from continuing operations	-	-	-	-	-	-	-	-	0.7	-0.16	0.16	-0.1	-1.83	0.46
Income from discontinued operations	-	-	-	-	-	-	-	-	0.73	-	-	1.4	0.01	-
Net income (loss)	0.53	0.67	0.49	1.21	1.53	1.62	2.66	2.44	1.43	-0.16	0.16	1.3	-1.82	0.46
Income (loss) from continuing operations	-	-	-	-	-	-	-	-	0.7	-0.16	0.16	-0.1	-1.83	0.45
Income from discontinued operations	-	-	-	-	-	-	-	-	0.72	-	-	1.4	0.01	-
Net income (loss)	0.52	0.66	0.48	1.19	1.51	1.6	2.62	2.42	1.42	-0.16	0.16	1.3	-1.82	0.45