KUALA LUMPUR: Carsome Group Inc recorded earnings before interest, tax, depreciation and amortisation (Ebitda) of over US$6.4mil (RM26.37mil) in the third quarter of 2025, on the back of healthier unit economics and steady performance across its key markets.
In a statement, Southeast Asia’s largest integrated car ecommerce platform said gross profit in 3Q25 increased 7% year-on-year (y-o-y) as its retail business, delivered its strongest quarterly performance to-date.
Cumulative Ebitda for the first three quarters of the year leapt more than three times y-o-y to over US$15mil.
Meanwhile, the performance of Carsome Capital, the group’s auto-financing arm, was driven higher by strong operational uplift, with a surge in loan applications fueling higher financing disbursements, growth in hire purchase loans, and dealer financing products.
Carsome Capital also recently announced a new RM150mil working capital facility with MUFG to drive its continued financing solutions growth.
“Our focus on building differentiated, vertically integrated capabilities has transformed the business. It positions us not only for profitability, but to scale with discipline and sustain long-term growth," said Carsome Group co-founder and CEO Eric Cheng.
He added that the group is accelerating its market share expansion through targeted offerings like Carsome Value Plus, which allows it to reach a wider audience.
Simultaneously, the group is leveraging its unique partnership with JACCS Co Ltd (Japan Consumer Credit Service, or JACCS) to bridge the car financing gap, ensuring that quality vehicle ownership is accessible to more people.
