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Kaixin Auto (KXIN) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

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

DateRevenueChange
2023-12-31$31.54M-61.93%
2022-12-31$82.84M-67.37%
2021-12-31$253.84M665.50%
2020-12-31$33.16M-90.09%
2019-12-31$334.70M-22.42%
2018-12-31$431.40M100.00%
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

DateRevenueChange
2023-12-31$12.68M100.00%
2023-09-30$6.34M-66.38%
2023-06-30$18.86M100.00%
2023-03-31$9.43M-80.97%
2022-12-31$49.54M100.00%
2022-09-30$24.77M-25.60%
2022-06-30$33.30M-107.67%
2021-12-31$-433.91M332.10%
2020-12-31$-100.42M-130.00%
2019-12-31$334.70M234.85%
2019-06-30$99.95M21435.61%
2019-03-31$464.13K100.00%
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/ServiceDec 23Dec 21Dec 20Dec 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

CountryDec 21Dec 20Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
GPIGroup 1 Automotive$17.87B$5.22B
SAHSonic Automotive$14.37B$3.49B
RUSHARush Enterprises$7.93B$1.90B
CANGCango$1.70B$64.42M
KARKAR Auction Services$1.65B$448.40M
CZOOCazoo Group$1.25B$218.93M
LAZYLazydays$1.08B$270.59M
VRMVroom$893.20M$57.74M
CARSCars$689.18M$179.65M
KFSKingsway Financial Services$103.24M$27.14M
KXINKaixin 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.