CARSOME Delivers Record MYR 33m EBITDA in Q2 2026

PETALING JAYA, Sept 3, 2026 — CARSOME Group Inc., Southeast Asia’s largest integrated car e-commerce platform, reported record financial results for the second quarter ended June 30, 2026, marking its tenth consecutive profitable quarter. The Group sold 35,903 units, up 11% year-on-year, while quarterly gross profit rose 15% to ~MYR 175 million (USD 43.8 million), driven by a continued mix shift toward retail and financing.

CARSOME record

Quarterly EBITDA surged 38% YoY to ~MYR 33 million (USD 8.3 million), its highest to date, reflecting strong operating leverage as volumes scaled. Co-Founder and Group CEO Eric Cheng said, “We sold 11% more cars, grew gross profit by 15%, and grew EBITDA by 38%. Ten consecutive quarters of positive EBITDA gives us a strong foundation to scale sustainably.”

Operationally, CARSOME expanded its footprint with three new locations in Malaysia — Sg. Petani, Bukit Tinggi in Klang, and Sg. Buloh — bringing its nationwide presence to 55 inspection centres and showrooms. In Indonesia, four new sites opened in Greater Jakarta, raising its total to 10. The Group also partnered with Suzuki Cars Malaysia as its exclusive trade-in partner, strengthening retail and trade-in reach.

Eric Cheng, Co-Founder and Group CEO of CARSOME, said, “Q2 delivered what we set out at the start of the year. We sold 11% more cars, grew gross profit by 15%, and grew EBITDA by 38%. Each line growing faster than the one before is what operating leverage looks like in practice. Ten consecutive quarters of positive EBITDA gives us a strong foundation, and we remain focused on scaling the business sustainably and capturing the opportunity ahead in Southeast Asia’s used-car market.”

#businessnews