K Car
케이카 · 381970
Consumer Discretionary Retailing · KOSPI
Market cap US$306.7M (₩423.3B)
Overview
K Car is South Korea's largest company-owned used-car platform, sourcing and reselling pre-owned vehicles directly to individual consumers through a nationwide network of branches and an e-commerce home-delivery service.
Buyers can either visit a physical branch or order online and have the car delivered to their door, a model the company pioneered in the domestic auto industry. It also operates a car-rental division, offering both short- and long-term rentals of new and used vehicles to individuals, corporations, and public institutions. Listed on KOSPI, Korea's main stock exchange, it runs its used-car business through both retail and wholesale auction channels.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$1.5B
- FY2024US$1.7B
- FY2025US$1.8B
Operating profit
- FY2023US$42.8M
- FY2024US$49.4M
- FY2025US$55.1M
Net income
- FY2023US$20.6M
- FY2024US$31.9M
- FY2025US$36.9M
Key ratios (FY2025)
Why it matters
More than half of K Car's retail used-car transactions now flow through its online home-delivery channel, making e-commerce the dominant sales route within its own network.
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