Kaixin Auto (KXIN) Revenue & Revenue Breakdown
Kaixin Auto Revenue Highlights
Latest Revenue (Y)
$31.54M
Latest Revenue (Q)
$12.68M
Main Segment (Y)
New-car wholesales
Main Geography (Y)
Used-car sales
Kaixin Auto Revenue by Period
Kaixin Auto Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $31.54M | -61.93% |
| 2022-12-31 | $82.84M | -67.37% |
| 2021-12-31 | $253.84M | 665.50% |
| 2020-12-31 | $33.16M | -90.09% |
| 2019-12-31 | $334.70M | -22.42% |
| 2018-12-31 | $431.40M | 100.00% |
| 2017-12-31 | - | - |
Kaixin Auto generated $31.54M in revenue during NA 2023, up -61.93% compared to the previous quarter, and up 7.31% compared to the same period a year ago.
Kaixin Auto Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $12.68M | 100.00% |
| 2023-09-30 | $6.34M | -66.38% |
| 2023-06-30 | $18.86M | 100.00% |
| 2023-03-31 | $9.43M | -80.97% |
| 2022-12-31 | $49.54M | 100.00% |
| 2022-09-30 | $24.77M | -25.60% |
| 2022-06-30 | $33.30M | -107.67% |
| 2021-12-31 | $-433.91M | 332.10% |
| 2020-12-31 | $-100.42M | -130.00% |
| 2019-12-31 | $334.70M | 234.85% |
| 2019-06-30 | $99.95M | 21435.61% |
| 2019-03-31 | $464.13K | 100.00% |
| 2018-12-31 | - | 100.00% |
| 2018-09-30 | - | 100.00% |
| 2018-06-30 | - | 100.00% |
| 2018-03-31 | - | 100.00% |
| 2017-12-31 | - | 100.00% |
| 2017-09-30 | - | 100.00% |
| 2017-06-30 | - | 100.00% |
| 2017-03-31 | - | - |
Kaixin Auto generated $12.68M in revenue during Q4 2023, up 100.00% compared to the previous quarter, and up 51.18% compared to the same period a year ago.
Kaixin Auto Revenue Breakdown
Kaixin Auto Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|
| Used-car sales | $1.42M | $251.05M | - | - |
| New-car wholesales | $30.05M | $2.79M | - | - |
| Technology Service | $67.00K | - | - | - |
| Product And Service Other | - | - | $164.00K | $2.06M |
| Product | - | - | $33.00M | $332.63M |
Kaixin Auto's latest annual revenue breakdown by segment (product or service), as of Dec 23: New-car wholesales (95.28%), Used-car sales (4.50%), and Technology Service (0.21%).
Kaixin Auto Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|
| New-car wholesales | $2.79M | - | - |
| Used-car sales | $251.05M | - | - |
| Product And Service Other | - | $164.00K | $2.06M |
| Product | - | $33.00M | $332.63M |
Kaixin Auto's latest annual revenue breakdown by geography, as of Dec 21: Used-car sales (98.90%), and New-car wholesales (1.10%).
Kaixin Auto Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| GPI | Group 1 Automotive | $17.87B | $4.70B |
| SAH | Sonic Automotive | $14.37B | $3.45B |
| RUSHA | Rush Enterprises | $7.93B | $2.03B |
| CANG | Cango | $1.70B | $64.42M |
| KAR | KAR Auction Services | $1.65B | $431.80M |
| CZOO | Cazoo Group | $1.25B | $218.93M |
| LAZY | Lazydays | $1.08B | $270.59M |
| VRM | Vroom | $893.20M | $9.02M |
| CARS | Cars | $689.18M | $180.18M |
| KFS | Kingsway Financial Services | $103.24M | $26.45M |
| KXIN | Kaixin Auto | $31.54M | $12.68M |
KXIN Revenue FAQ
What is Kaixin Auto’s yearly revenue?
Kaixin Auto's yearly revenue for 2023 was $31.54M, representing a decrease of -61.93% compared to 2022. The company's yearly revenue for 2022 was $82.84M, representing a decrease of -67.37% compared to 2021. KXIN's yearly revenue for 2021 was $253.84M, representing an increase of 665.50% compared to 2020.
What is Kaixin Auto’s quarterly revenue?
Kaixin Auto's quarterly revenue for Q4 2023 was $12.68M, a 100.00% increase from the previous quarter (Q3 2023), and a -74.41% decrease year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $6.34M, a -66.38% decrease from the previous quarter (Q2 2023), and a -74.41% decrease year-over-year (Q3 2022). KXIN's quarterly revenue for Q2 2023 was $18.86M, a 100.00% increase from the previous quarter (Q1 2023), and a -43.37% decrease year-over-year (Q2 2022).
What is Kaixin Auto’s revenue growth rate?
Kaixin Auto's revenue growth rate for the last 3 years (2021-2023) was -87.58%, and for the last 5 years (2019-2023) was -90.58%.
What are Kaixin Auto’s revenue streams?
Kaixin Auto's revenue streams in c 23 are Used-car sales, New-car wholesales, and Technology Service. Used-car sales generated $1.42M in revenue, accounting 4.50% of the company's total revenue, down -99.43% year-over-year. New-car wholesales generated $30.05M in revenue, accounting 95.28% of the company's total revenue, up 978.54% year-over-year. Technology Service generated $67K in revenue, accounting 0.21% of the company's total revenue
What is Kaixin Auto’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Kaixin Auto was New-car wholesales. This segment made a revenue of $30.05M, representing 95.28% of the company's total revenue.