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1. www.forbes.com › sites › cfoTuro’s CFO Explains How They Grew Revenues 88% In 2 Years

   www.forbes.com › sites › cfo

   Mar 12, 2024 · From 2021 to 2023, Turo’s net revenues have grown nearly 88% to $879.6 million last year. The company has been profitable since 2021, and it has filed to go public. I talked to Fisher about...

2. techcrunch.com › 2023/06/13 › turos-q1-2023-resultsTuro’s Q1 2023 results indicate it may be a while until we ...

   techcrunch.com › 2023/06/13 › turos-q1-2023-results

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   Jun 13, 2023 · Turo swung to an operating loss of $11.4 million from an operating profit of $3.9 million last year. Net loss widened to $23.9 million from a loss of $7 million a year earlier. If Turo was...

3. Videos

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     Turo Revenue & Profit for 2023

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     STARTING A TURO BUSINESS IN 2023/ HOW TO GET AHEAD

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     Watch THIS before starting on TURO 2023 (Real Host Earnings Revealed)

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4. www.morningstar.com › news › marketwatchCar-sharing marketplace Turo swings to a profit in a boost to ...

   www.morningstar.com › news › marketwatch

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   Aug 9, 2024 · Turo Inc. reversed a year-ago loss to post a profit for the six months that ended June 30 as the car-sharing marketplace moves ahead with plans to float an initial public offering.

5. techcrunch.com › 2024/03/08 › turo-car-rental-ipoProfitable car rental service Turo is still ready for an IPO ...

   techcrunch.com › 2024/03/08 › turo-car-rental-ipo

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   Mar 8, 2024 · How did Turo do in 2023? Turo posted revenues of $879.8 million last year, up 18% compared to the year before. The company’s total revenue scale is impressive, but its growth rate has ...

6. www.msn.com › en-us › moneyCar-sharing marketplace Turo swings to a profit in a boost to ...

   www.msn.com › en-us › money

   Turo has yet to set an estimated price range for its IPO, but the profit it posted for the first six months of 2024 illustrates to prospective IPO investors that its business is generating net...

7. www.youtube.com › watchMy Turo Earnings/Expenses/Profit Breakdown For 2023!! (Must ...

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   Book your consultation:https://calendly.com/antoniobowmanTuro Course:https://antonio-s-site-1d59.thinkific.com/courses/TonyLuxuryCarsSubscribe to my Youtube ...

   • Video Duration: 9 min
   • Views: 8.2K

   • Author: Tony Luxury Cars

8. People also ask

   What happened to Turo's profit in 2023?

   • Partially as a result of that gross margin dip, Turo’s profitability in calendar 2023 lagged its 2022 results. It posted its smallest operating profit since 2020 last year ($13.7 million, down from $46.6 million in 2021), and its lowest net profit since 2021 ($15.6 million, down from $154.7 million in 2022).

   Profitable car rental service Turo is still ready for an IPO, but its

   techcrunch.com/2024/03/08/turo-car-rental-ipo-profitable-growth/

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   How much did Turo lose in 2021?

   • In fact, after posting GAAP net losses in the $90 million range in both 2019 and 2020, Turo cut the figure to a $40.4 million net loss in 2021. Last year the company’s net income came to a far-shinier and positive $154.7 million, although that number is predicated on a more modest operating income result of $33.8 million.

   Turo just dropped its 2022 financials as its IPO hunt continues

   techcrunch.com/2023/03/24/turo-just-dropped-its-2022-financials-as-its-ipo-hunt-continues/

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   What happened to Turo?

   • Turo Inc. reversed a year-ago loss to post a profit for the six months that ended June 30 as the car-sharing marketplace moves ahead with plans to float an initial public offering. Turo said it swung to $9.92 million in net income in the first half of 2024, after losing $22.92 million in the year-ago period.

   Car-sharing marketplace Turo swings to a profit in a boost to potential I…

   www.msn.com/en-us/money/companies/car-sharing-marketplace-turo-swings-to-a-profit-in-a-boost-to-potential-ipo/ar-AA1owOGa

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   How did Turo grow in 2022?

   • Let’s take a closer look. In 2022 Turo generated revenue of $746.6 million, up 59% from the $469 million it brought into the business in 2021. That growth was powered, in part, by a large boost to spending at the company, which saw its sales and marketing costs grow from $52.7 million in 2021 to $111.3 million in 2022.

   Turo just dropped its 2022 financials as its IPO hunt continues

   techcrunch.com/2023/03/24/turo-just-dropped-its-2022-financials-as-its-ipo-hunt-continues/

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9. techcrunch.com › 2023/03/24 › turo-just-dropped-itsTuro just dropped its 2022 financials as its IPO hunt continues

   techcrunch.com › 2023/03/24 › turo-just-dropped-its

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   Mar 24, 2023 · Here we find that the company essentially matched its 2021 result of $81.1 million in 2022 when it reported adjusted EBITDA profit of $79.7 million. Growth? Check.