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CARMA LIMITED — Capital/Financing Update 2026
Jan 14, 2026
64665_rns_2026-01-14_06f7d179-83c0-472e-95c2-0e7ade454083.pdf
Capital/Financing Update
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ASX Announcement
15 January 2026
ABN 20 648 091 418
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Carma Limited
Retail Deliveries Update
In December 2025 Carma delivered 244 Retail Units, with a total of 746 delivered in the three months to December 2025. This is a 18% increase compared with the 633 Retail Units delivered in the prior three months to September 2025, and a 29% increase compared with the 577 Retail Units delivered in the three months to December 2024.
The number of Retail Units delivered from month to month can vary based on period specific factors including the number of operating and delivery days in the relevant month, public and school holidays and other seasonal factors.
| Period | Retail Units delivered | Retail Revenue1 | Reconditioning Days inperiod2 |
|---|---|---|---|
| July2025 | 166 | $5.3m | 23 |
| August 2025 | 232 | $7.2m | 21 |
| September 2025 | 235 | $7.1m | 22 |
| Q1 FY 2026 | 633 | $19.6m | 66 |
| October 2025 | 249 | $7.5m | 22 |
| November 2025 | 253 | $7.5m | 20 |
| December 2025 | 244 | $7.0m | 18 |
| Q2 FY 2026 | 746 | **$22.0m ** | 60 |
Note:
[1] Retail Revenue is the revenue generated from the sale of used vehicles to retail customers online made through Carma’s website. Carma also earns revenue from the sale of used vehicles to wholesale customers, and other revenue including origination of customer loans, extended coverage and the referral of insurance products. The figures in the table are unaudited.
2 Reconditioning Days is the number of days reconditioning operations were active. Reconditioning operations were temporarily paused for a planned seasonal shutdown on 25 December 2025 and recommenced on 5 January 2026.
Background
Carma’s IPO Prospectus dated 16 October 2025 included a table (Figure 41, page 69 – included below) which showed the quarterly retail inventory units delivered for the period Q1 FY 2023 to Q1 FY 2026.
In order to assist investors in understanding the key drivers, monthly variability and seasonality of revenue in its early stage as a listed company, Carma has decided that for a minimum of the prospectus forecast period to June 2026, it will release to the ASX its monthly Retail Units delivered and Retail Revenue .
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This announcement has been authorised by the CEO
For all investor enquires: For all media enquires: Lachlan MacGregor, CEO Sling & Stone (02) 8319 3210 (02) 8073 5390 [email protected] [email protected]
About Carma Limited
Carma is transforming the way Australians buy and sell pre-owned cars. Headquartered in Sydney, Australia, Carma is a fully digital platform that delivers a simpler, smarter and more transparent experience. With an extensive range of quality vehicles, every car is rigorously inspected and reconditioned through a process that's verified by the NRMA, who have named Carma their Preferred Used Car Dealership.
Customers can buy online and checkout in under 10 minutes with fixed pricing, integrated finance, extended coverage, and a 7-day return policy. Selling is just as seamless: customers receive a fast, data-driven offer and instant payment. It’s a safer, smarter alternative to private sales, without the hassle or risk. Visit carma.com.au to learn more.
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