CARSOME Achieves Record Results, Marks Second Consecutive Profitable Year

• EBITDA more than doubled to USD 23 million

• Gross profit increased 16% year-on-year (Y-o-Y) to USD 142 million

• Strategic partnerships with leading financial institutions

Petaling Jaya, 3 March 2026 – CARSOME Group Inc. (CARSOME), Southeast Asia’s largest integrated car e-commerce platform, reported a milestone year in FY2025 with EBITDA more than doubling to USD 23 million, firmly establishing the structural profitability path CARSOME embarked on in the last two years. Gross profit rose 16% Y-o-Y, and gross profit per unit (GPU) increased 22% Y-o-Y to a record high.

This profitable growth was led by CARSOME’s core business in Malaysia and Singapore, where volumes continued to be strong despite softer regional market conditions. In particular, CARSOME introduced various new initiatives to deliver even more value to our customers, such as expanded financing for our dealers and the affordable Value Plus proposition for retail customers. During the year, CARSOME also established a number of key strategic partnerships with leading financial institutions, underscoring confidence in the Group’s prospects.

Eric Cheng, CARSOME Group Co-Founder and Group Chief Executive Officer, said, “FY2025 marks an important milestone for CARSOME. After several years of building strong foundations, we are now seeing these efforts grow and sustain our profitability. As new car sales continue to evolve, the used car segment remains an important area of opportunity across our business verticals. Towards that end, we are especially proud to be expanding access to car ownership for everyday consumers through affordable vehicles and responsible financing. With the support of our partners and a clear value proposition, we are entering our next phase of growth from a position of strength.”