CARSOME Delivers Profitable Q2, Posts Over USD 5 Million in EBITDA

Petaling Jaya, 14 August 2025 – CARSOME Group Inc (CARSOME or the Group), Southeast Asia’s largest integrated car e-commerce platform, delivered its most profitable quarter to date in Q2 2025, posting an EBITDA of over USD 5 million and continuing its trajectory of sustained, quality earnings. 

In Q2 2025, the Group recorded a 19% year-on-year (Y-o-Y) increase in gross profit, underpinned by continued strength across both its Wholesale and Retail businesses. Group-wide disciplined cost management continued to support operational efficiency. Q2 2025 EBITDA more than quadrupled Y-o-Y, outpacing gross profit per unit (GPU) growth, reflecting improved monetization and productivity gains as the Group sharpens its operational playbook. Cumulative EBITDA for the first half of the year reached over USD 10 million, a seven-fold increase from the same period last year.

“Our agile operating model continues to drive market share gains in a rapidly evolving environment. We remain confident in delivering sustained profitable growth throughout the year, even amid regional macroeconomic uncertainties,” said Eric Cheng, Co-founder and Group CEO of CARSOME.

Eric Cheng, Co-founder and Group CEO of CARSOME.

“We view mobility access as a structural need in Southeast Asia, not just a consumer preference. By anchoring our solutions in quality assurance and post-sale confidence, we are not only meeting current demand but cementing our long-term market leadership. Our newly introduced CARSOME Value Plus range is one example of how we are broadening access to reliable vehicles for more market segments. This aligns with the broader national push for accessible mobility and to ease cost pressures,” he added. 

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