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Private company

CarLotz, Inc.

American retail-auto dealers and gasoline stations company1

In its 2022 annual report the company says: “CarLotz operates a consignment-to-retail used vehicle marketplace that provides our corporate vehicle sourcing partners and retail sellers of used vehicles with the ability to easily access the retail sales channel. We operate a technology-enabled buying, sourcing and selling model that offers an omni-channel experience and diverse selection of vehicles.”48 It is headquartered in Richmond, Virginia.1

Last updated Oct 21, 2026.

Overview

  • IndustryRetail-Auto Dealers & Gasoline Stations1
  • HeadquartersRichmond, Virginia1
  • Incorporated inDE2
  • Business address611 Bainbridge Street, Suite 100, Richmond, Va 232242
  • Filer category, Emerging growth company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

4.1%Gross margin3
-53.0%Operating margin3
-15.4%Net margin3
117.9%Revenue growth, 20213
-18.7%Return on equity3
-$121.4MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Selling, general and admin36¢$93.1M
  • Other costs63¢$163.9M
  • Interest1¢$1.6M
  • Income tax0¢$10.0K

Out of $258.5M in revenue.3 The company lost money this year.

Financial statements

Revenue3$258.5M in 2021+152% since 2019
0$100.0M$200.0M$300.0M2019: $102.5M$102.5M20192020: $118.6M$118.6M2020+16%2021: $258.5M$258.5M2021+118%
Gross profit3$10.6M in 2021+22% since 2019
0$5.0M$10.0M$15.0M2019: $8.7M$8.7M20192020: $11.3M$11.3M2020+29%2021: $10.6M$10.6M2021−6%
Operating income3-$137.1M in 2021+1224% since 2019
-$150.0M-$100.0M-$50.0M02019: -$10.4M-$10.4M20192020: -$6.9M-$6.9M2020−34%2021: -$137.1M-$137.1M2021+1901%
Net income3-$39.9M in 2021+215% since 2019
-$40.0M-$30.0M-$20.0M-$10.0M02019: -$12.7M-$12.7M20192020: -$6.6M-$6.6M2020−48%2021: -$39.9M-$39.9M2021+509%
Fiscal year2018201920202021
Revenue$102.5M3$118.6M3$258.5M3
Gross profit$8.7M3$11.3M3$10.6M3
Selling, general and admin$18.2M3$17.5M3$93.1M3
Operating expenses$147.7M3
Operating income-$10.4M3-$6.9M3-$137.1M3
Interest$651.0K3$518.0K3$1.6M3
Income before tax-$39.9M3
Income tax$11.0K3$10.0K3$10.0K3
Net income-$12.7M3-$6.6M3-$39.9M3
Earnings per share-$0.223-$0.113-$0.363
Earnings per share (diluted)-$0.223-$0.113-$0.363
Shares (weighted, basic)110.6M shares3
Shares (weighted, diluted)110.6M shares3

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Corporate structure

CarLotz, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of CarLotz, Inc.

  • CarLotz, Inc. Richmond, Virginia

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What CarLotz, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$25.3M3 Dec 31, 2021$2.9M3 Dec 31, 2020+771.0%
Accumulated depreciation$2.6M3 Dec 31, 2021$1.0M3 Dec 31, 2020+150.4%
Property and equipment, net$22.6M3 Dec 31, 2021$1.9M3 Dec 31, 2020+1111.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$75.0M3 Dec 31, 2021$2.2M3 Dec 31, 2020+3298.1%
Marketable securities, current$116.6M3 Dec 31, 2021$1.0M3 Dec 31, 2020+11197.4%
Debt securities available for sale$118.0M3 Dec 31, 2021$657.0K3 Dec 31, 2020+17856.2%
Equity securities at fair value$558.0K3 Dec 31, 2021$375.0K3 Dec 31, 2020+48.8%
Long-term investments$1.9M3 Dec 31, 2021$03 Dec 31, 2020

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, net$13.7M3 Dec 31, 2021$03 Dec 31, 2020

Inventory

ItemLatestA year beforeChange
Inventory, total$41.0M3 Dec 31, 2021$11.2M3 Dec 31, 2020+265.9%

Leadership

Who has led CarLotz, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Luis Igancio Solorzano Aizpuru2019
  2. Michael W. Bor2021–2022
  3. Lev Peker2022

Chair

  1. Michael W. Bor2021–2022

President

  1. Raffaele R. Vitale2019
  2. Ozan Kaya2022

Chief financial officer

  1. Joseba Asier Picaza Ucar2019
  2. Thomas W. Stoltz2021–2022

Chief operating officer

  1. Juan Duarte Hinterholzer2019
20202025
Board members and other officers (14)

Former names

  • Acamar Partners Acquisition Corp.Nov 26, 2018 to Jan 21, 20212

Timeline

  1. Dec 9, 20228-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights28
  2. Dec 8, 20228-K Shareholder vote29
  3. Dec 7, 20228-K Other events30
  4. Dec 5, 20228-K Other events31
  5. Nov 10, 20228-K Exit or restructuring costs; Impairment; Other events32
  6. Nov 8, 20228-K Results of operations33
  7. Oct 11, 20228-K Entered a material agreement34
  8. Sep 30, 20228-K Other events35
  9. Aug 12, 20228-K Entered a material agreement36
  10. Aug 9, 20228-K Results of operations; Other events37
  11. Jul 5, 20228-K Executive or director change; Regulation FD disclosure38
  12. Jun 21, 20228-K Exit or restructuring costs; Impairment; Regulation FD disclosure39
  13. Apr 25, 2022New chief executive Lev Peker becomes CEO8
  14. Jan 25, 2021New chief executive Michael W. Bor becomes CEO9
  15. Feb 21, 2019New chief executive Luis Igancio Solorzano Aizpuru becomes CEO10

Calendar

When it reported results

  1. Nov 8, 2022Reported quarterly or annual results33
  2. Aug 9, 2022Reported quarterly or annual results37
  3. May 9, 2022Reported quarterly or annual results40
  4. Mar 15, 2022Reported quarterly or annual results41
  5. Nov 8, 2021Reported quarterly or annual results42

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

128 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 19 major events, 53 insider forms, 12 large holders, 39 other. The latest 20:

  1. Feb 14, 2023SC 13G/A AMENDMENT NO. 1 EDGAR
  2. Dec 19, 202215-12G EDGAR
  3. Dec 13, 2022EFFECT EDGAR
  4. Dec 13, 2022EFFECT EDGAR
  5. Dec 12, 20224 EDGAR
  6. Dec 12, 20224 EDGAR
  7. Dec 12, 20224 EDGAR
  8. Dec 12, 20224 EDGAR
  9. Dec 12, 20224 EDGAR
  10. Dec 12, 20224 EDGAR
  11. Dec 12, 20224 EDGAR
  12. Dec 12, 20224 EDGAR
  13. Dec 12, 20224 EDGAR
  14. Dec 12, 20224 EDGAR
  15. Dec 12, 20224 EDGAR
  16. Dec 12, 20224 EDGAR
  17. Dec 12, 20224 OWNERSHIP DOCUMENT EDGAR
  18. Dec 12, 2022SC 13D/A EDGAR
  19. Dec 9, 2022S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 EDGAR
  20. Dec 9, 2022S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 EDGAR

The 128 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

16 open-market trades by officers, directors and large owners since October 2021: 1 buys and 15 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Nov 25, 2022Peker LevChief Executive OfficerSale1,153$0.18$208Form 4
Nov 23, 2022Kaya OzanPresidentSale129,969$0.18$23.4KForm 4
Oct 21, 2022Peker LevChief Executive OfficerSale5,056$0.25$1.3KForm 4
Sep 23, 2022Peker LevChief Executive OfficerSale657$0.34$223Form 4
Aug 24, 2022Peker LevChief Executive OfficerSale724$0.45$326Form 4
Jul 21, 2022Peker LevChief Executive OfficerSale78,971$0.47$37.1KForm 4
Jun 24, 2022Peker LevChief Executive OfficerSale18,923$0.46$8.7KForm 4
Jun 3, 2022Peker LevChief Executive OfficerSale20,145$0.53$10.7KForm 4
May 18, 2022Peker LevChief Executive OfficerBuy32,525$0.60$19.5KForm 4
May 11, 2022Bor Michael W10% ownerSale125,000$0.68$85.0KForm 4
May 10, 2022Bor Michael W10% ownerSale180,465$0.77$139.0KForm 4
Mar 24, 2022Bor Michael W10% ownerSale8,371$1.60$13.4KForm 4
Feb 1, 2022Bor Michael W10% ownerSale9,769$2.06$20.1KForm 4
Feb 1, 2022Foley John W IIChief Operating OfficerSale3,241$2.06$6.7KForm 4
Feb 1, 2022Sanders ElizabethChief Administrative OfficerSale408$2.06$840Form 4
Feb 1, 2022Valerian Daniel AChief Technology OfficerSale2,269$2.06$4.7KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How CarLotz, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCarLotz, Inc.1
  • CIK0001759008
  • Employer ID (EIN)83-24561291
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)5500 Retail-Auto Dealers & Gasoline Stations1
  • Business address611 Bainbridge Street, Suite 100, Richmond, VA 232241
  • Phone(804) 728-38331
  • Shares outstanding119,703,273 as of Nov 7, 20225
  • Public float$334.9M as of Jun 30, 20213
  • On EDGAR sinceNov 26, 20181
  • Filings312 in all: 4 (83), 425 (50), 8-K (42), 3 (28), 10-Q (12), SC 13G (12), SC 13G/A (12), 424B3 (8)1
    All 34 form types

    SC 13D/A (8), CORRESP (7), EFFECT (6), S-8 POS (4), UPLOAD (4), 10-K (3), 25-NSE (3), DEFA14A (3), POS AM (3), S-1/A (3), DEF 14A (2), S-1 (2), S-4/A (2), S-8 (2), SC 13D (2), 10-Q/A (1), 15-12G (1), 3/A (1), 4/A (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERT (1), DEFM14A (1), DRS (1), S-4 (1)

  • Latest filingsAnnual report (10-K) Mar 15, 2022
    Quarterly report (10-Q) Nov 8, 2022
    Proxy statement (DEF 14A) Apr 29, 2022
    Latest 8-K (8-K) Dec 9, 2022

Sources

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    SEC EDGAROther events
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