Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Carma Limited ( (AU:CMA) ) has provided an announcement.
Carma Limited reported strong growth for the quarter ended 31 December 2025, with 1,199 vehicles sold, a 66% increase on the prior corresponding period, driven by gains in both retail and wholesale channels. Revenue rose 48% to $27.4 million, gross profit nearly doubled to $2.5 million with a 45% uplift in gross profit per unit, and operational efficiency improved sharply, as average vehicles reconditioned per shift jumped 91%. The company completed a $100 million IPO during the quarter, leaving it with $58.3 million in cash and deposits and additional undrawn bailment finance capacity, which management says will support growth initiatives including its expanding ‘Sell-to Carma’ offering and recently upgraded reconditioning facilities. Carma’s board reports that the use of IPO funds is tracking in line with its prospectus, with spending progressing across marketing, technology, operations and working capital, reinforcing its efforts to consolidate its position in Australia’s pre-owned vehicle market.
The most recent analyst rating on (AU:CMA) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Carma Limited stock, see the AU:CMA Stock Forecast page.
More about Carma Limited
Carma Limited is an Australian online used-car retailer focused on buying, reconditioning and selling pre-owned vehicles to both retail and wholesale customers. The company operates inspection and reconditioning facilities, including an expanded site at St Peters in Sydney, and is positioning itself as a trusted, convenient brand for Australians seeking speed, ease and quality in the pre-owned car market.
Average Trading Volume: 211,812
For a thorough assessment of CMA stock, go to TipRanks’ Stock Analysis page.