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    LOTZ   US1425521085

CARLOTZ, INC.

(LOTZ)
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CarLotz : to Present at J.P. Morgan's Virtual Auto Conference

07/28/2021 | 04:06pm EDT

RICHMOND, Va., July 28, 2021 (GLOBE NEWSWIRE) -- CarLotz (NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced that Michael Bor, Co-Founder and Chief Executive Officer, and Tom Stoltz, Chief Financial Officer, will present at the J.P. Morgan Virtual Auto Conference on Thursday, August 12, 2021 at 3:20 PM ET.

A webcast of the presentation will be accessible on the investor relations section of the CarLotz website, https://investors.carlotz.com/. An archived replay of the webcast will be available following the live presentation.

About CarLotz 
CarLotz is a used vehicle consignment and Retail Remarketing™ business that provides our corporate vehicle sourcing partners and retail sellers of used vehicles with the ability to access the previously unavailable retail sales channel, while simultaneously providing buyers with prices that are, on average, below those of traditional dealerships. Our mission is to create the world’s greatest vehicle buying and selling experience. We operate a technology-enabled buying, sourcing and selling model that offers a seamless omnichannel experience and comprehensive selection of vehicles, while allowing for a fully contactless end-to-end e-commerce interface that enables no hassle buying and selling. Our proprietary Retail Remarketing™ technology provides our corporate vehicle sourcing partners with real-time performance metrics and data analytics, along with custom business intelligence reporting that enables price and vehicle triage optimization between the wholesale and retail channel. Through our marketplace model, we generate significant value for both sellers and buyers through price, selection, and experience.

Investors:

CarLotzIR@icrinc.com


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Source: CarLotz, Inc.

2021 GlobeNewswire, Inc., source Press Releases

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Analyst Recommendations on CARLOTZ, INC.
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Financials (USD)
Sales 2021 244 M - -
Net income 2021 - - -
Net cash 2021 61,4 M - -
P/E ratio 2021 -5,83x
Yield 2021 -
Capitalization 450 M 450 M -
EV / Sales 2021 1,59x
EV / Sales 2022 0,77x
Nbr of Employees 168
Free-Float 77,9%
Chart CARLOTZ, INC.
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Technical analysis trends CARLOTZ, INC.
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Last Close Price 3,96 $
Average target price 9,50 $
Spread / Average Target 140%
EPS Revisions
Managers and Directors
Michael W. Bor Chairman & Chief Executive Officer
Thomas W. Stoltz Chief Financial Officer
Daniel A. Valerian Chief Technology Officer
John Foley Chief Operating Officer
Liz Sanders Chief Administrative Officer
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