OPENLANE (Media and Information Services (B2B)) Overview

  • Status
  • Public

  • Employees
  • 4,500

Employees

  • Stock Symbol
  • KAR

Stock Symbol

  • Investments
  • 35

  • Share Price
  • $17.60
  • (As of Friday Closing)

OPENLANE (Media and Information Services (B2B)) General Information

Description

Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.

Contact Information

Formerly Known As
KAR Holdings, KAR Auction Services
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Media and Information Services (B2B)
Other Industries
Automotive
Stock Exchange
NYS
Corporate Office
  • 11299 North Illinois Street
  • Carmel, IN 46032
  • United States
+1 (800) 000-0000

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OPENLANE (Media and Information Services (B2B)) Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$17.60 $17.98 $12.86 - $18.41 $1.91B 108M 822K -$1.79

OPENLANE (Media and Information Services (B2B)) Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 2,815,588 2,418,053 2,608,800 4,033,732
Revenue 1,640,800 1,645,100 1,519,400 1,450,600
EBITDA 122,700 110,800 258,000 249,900
Net Income (148,300) (154,100) 241,200 66,500
Total Assets 4,818,400 4,726,300 5,119,800 7,450,700
Total Debt 388,300 427,400 573,700 1,954,100
Public Fundamental Data provided by Morningstar, Inc. disclaimer

OPENLANE (Media and Information Services (B2B)) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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OPENLANE (Media and Information Services (B2B)) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, tr
Media and Information Services (B2B)
Carmel, IN
4,500 As of 2023
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Macclesfield, United Kingdom
00 As of 0000

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Hampshire, United Kingdom
0000 As of 0000
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OPENLANE (Media and Information Services (B2B)) Competitors (13)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Autorola Uk Ltd Corporation Macclesfield, United Kingdom 00
Constellation Automotive Group Private Equity-Backed Hampshire, United Kingdom 0000 00.00 000000000 00.00
Aston Barclay Private Equity-Backed Normanton, United Kingdom 000 000000000000
On Line Auction Group & Autorola Corporation 000
Carsales.com Corporate Backed or Acquired Richmond, Australia 0000 00.000 00000000000 00.000
You’re viewing 5 of 13 competitors. Get the full list »

OPENLANE (Media and Information Services (B2B)) Patents

OPENLANE (Media and Information Services (B2B)) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4032041-A4 Vehicle self-inspection apparatus and method Pending 22-Sep-2019 000000000 0

OPENLANE (Media and Information Services (B2B)) Executive Team (27)

Name Title Board Seat Contact Info
Peter Kelly Chief Executive Officer & Board Member
Srisu Subrahmanyam Executive Vice President, Operations & President, Services and International Markets
James Coyle Executive Vice President & President
James Money President, AFC
Brad Lakhia Chief Financial Officer, Finance & Executive Vice President
You’re viewing 5 of 27 executive team members. Get the full list »

OPENLANE (Media and Information Services (B2B)) Board Members (28)

Name Representing Role Since
000000 000000 Self Board Member 000 0000
00000 00000 OPENLANE (Media and Information Services (B2B)) Board Member 000 0000
0. 000000 OPENLANE (Media and Information Services (B2B)) Board Member 000 0000
00000 0000000 OPENLANE (Media and Information Services (B2B)) Board Member 000 0000
0000 0000 Self Board Member 000 0000
You’re viewing 5 of 28 board members. Get the full list »

OPENLANE (Media and Information Services (B2B)) Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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OPENLANE (Media and Information Services (B2B)) Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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OPENLANE (Media and Information Services (B2B)) Investments & Acquisitions (35)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Manheim Canada 14-Dec-2023 0000000000 000.00 Automotive 00000 000
CARWAVE 14-Oct-2021 0000000000 00000 Business/Productivity Software 00000 000
Canada Drives 18-Aug-2021 00000 0000 000.00 Automotive
Velocicast 04-May-2021 0000000000 000.00 Business/Productivity Software 00000 000
Ravin AI 16-Mar-2021 Early Stage VC 0000 Business/Productivity Software
You’re viewing 5 of 35 investments and acquisitions. Get the full list »

OPENLANE (Media and Information Services (B2B)) Subsidiaries (13)

Company Name Industry Location Founded
Velocicast Business/Productivity Software Roseville, CA 2015
Clearplan Automation/Workflow Software Mesa, AZ 0000
TradeRev Media and Information Services (B2B) Toronto, Canada 0000
Adesa Missouri Automotive Belton, MO 0000
CARWAVE Business/Productivity Software Escondido, CA 0000
You’re viewing 5 of 13 subsidiaries. Get the full list »

OPENLANE (Media and Information Services (B2B)) ESG

Risk Overview

Risk Rating

Updated July, 04, 2023

17.99 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

00.00

Percentile

Commercial Services

Industry

00 of 490

Rank

00.00

Percentile

Business Support Services

Subindustry

00 of 193

Rank

00.0

Percentile

To view OPENLANE (Media and Information Services (B2B))’s complete esg history, request access »

OPENLANE (Media and Information Services (B2B)) Exits (4)

Company Name Exit Date Exit Type Exit Size Status Buyers
CarLotz 21-Jan-2021 0000 00000 Completed
  • 4 buyers
Preferred Warranties 01-Jun-2013 000000000000000000 000.00 Completed
  • 00000000 (00000 00
ADESA 20-Apr-2007 0000000000 00.000 Completed
  • 5 buyers
Insurance Auto Auctions 25-May-2005 Buyout/LBO 00000 Completed
  • 6 buyers
To view OPENLANE (Media and Information Services (B2B))’s complete exits history, request access »

OPENLANE (Media and Information Services (B2B)) FAQs

  • Who is the CEO of OPENLANE (Media and Information Services (B2B))?

    Peter Kelly and Justin Zane are the CEOs of OPENLANE (Media and Information Services (B2B)).

  • Where is OPENLANE (Media and Information Services (B2B)) headquartered?

    OPENLANE (Media and Information Services (B2B)) is headquartered in Carmel, IN.

  • What is the size of OPENLANE (Media and Information Services (B2B))?

    OPENLANE (Media and Information Services (B2B)) has 4,500 total employees.

  • What industry is OPENLANE (Media and Information Services (B2B)) in?

    OPENLANE (Media and Information Services (B2B))’s primary industry is Media and Information Services (B2B).

  • Is OPENLANE (Media and Information Services (B2B)) a private or public company?

    OPENLANE (Media and Information Services (B2B)) is a Public company.

  • What is OPENLANE (Media and Information Services (B2B))’s stock symbol?

    The ticker symbol for OPENLANE (Media and Information Services (B2B)) is KAR.

  • What is the current stock price of OPENLANE (Media and Information Services (B2B))?

    As of 17-May-2024 the stock price of OPENLANE (Media and Information Services (B2B)) is $17.60.

  • What is the current market cap of OPENLANE (Media and Information Services (B2B))?

    The current market capitalization of OPENLANE (Media and Information Services (B2B)) is $1.91B.

  • What is OPENLANE (Media and Information Services (B2B))’s current revenue?

    The trailing twelve month revenue for OPENLANE (Media and Information Services (B2B)) is $1.64B.

  • Who are OPENLANE (Media and Information Services (B2B))’s competitors?

    Autorola Uk Ltd, Constellation Automotive Group, Aston Barclay, On Line Auction Group & Autorola, and Carsales.com are some of the 13 competitors of OPENLANE (Media and Information Services (B2B)).

  • What is OPENLANE (Media and Information Services (B2B))’s annual earnings per share (EPS)?

    OPENLANE (Media and Information Services (B2B))’s EPS for 12 months was -$1.79.

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