Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statement of Profit or Loss and Other Comprehensive Income

v3.22.1
Consolidated Statement of Profit or Loss and Other Comprehensive Income - GBP (£)
£ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Continuing operations      
Revenue [1] £ 667,814 £ 162,208 £ 1,176
Cost of sales (642,915) (165,082) (2,246)
Gross profit/(loss) 24,899 (2,874) (1,070)
Marketing expenses (65,225) (36,110) (3,899)
Selling and distribution expenses (54,893) (17,693) (2,059)
Administrative expenses (234,371) (42,358) (10,650)
Loss from operations (329,590) (99,035) (17,678)
Finance income 233 486 170
Finance expense (5,716) (1,298) (456)
Other income and expenses (214,140)
Loss before tax (549,213) (99,847) (17,964)
Tax credit 5,704 969
Loss from continuing operations (543,509) (98,878) (17,964)
Discontinued operations      
Loss after tax from discontinued operations (3,809)
Loss for the year (543,509) (102,687) (17,964)
Other comprehensive income      
Exchange differences on translation of foreign operations (1,577)
Total comprehensive loss for the year £ (545,086) £ (102,687) £ (17,964)
Earnings per share:      
Basic loss per ordinary share (in Pounds per share) £ (0.81) £ (0.2) £ (0.05)
Diluted loss per ordinary share (in Pounds per share) (0.81) (0.2) (0.05)
Earnings per share from continuing operations:      
Basic loss per ordinary share from continuing operations (in Pounds per share) (0.81) (0.19) (0.05)
Diluted loss per ordinary share from continuing operations (in Pounds per share) £ (0.81) £ (0.19) £ (0.05)
[1] Revenue excludes £17.4 million of sales in 2021 where Cazoo sold vehicles as an agent for third parties and only the net commission received from those sales is recorded within revenue (2020, 2019: £nil).