PRNewswire

Singapore, October 30: Carro, Asia Pacific's largest and fastest-growing online automotive platform, has posted a strong FY2025, achieving record revenues of S$1.2 billion and a Gross Profit of S$149 million (US$111 million). The unicorn startup also reports an EBITDA of S$43 million (US$32 million) and total assets of S$1.3 billion, according to audited FY2025 numbers.

FY2025's Gross Profit Margin continued its expansion to over 12%, as Carro deepens its strategy of a strong marketplace margin expansion, ecosystem-led ancillary income growth, and productivity optimisation. In the last 12 months, Carro also scaled up operations in Hong Kong, SAR and Japan, cementing its footprint outside of Southeast Asia.

Meanwhile, Carro's fintech business, Genie Financial Services, recorde

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