Carsome Group Inc, Southeast Asia’s largest integrated car ecommerce platform, has announced another quarter of profitability, reporting an earnings before interest, taxes, depreciation, and amortization (EBITDA) of over $6.4 million for the third quarter of 2025.

The firm said in a statement on Wednesday that the results were driven by healthier unit economics and steady performance across its key markets.

The firm’s gross profit in the third quarter increased by 7 percent year-on-year, anchored by its retail business, which delivered its strongest quarterly performance to-date.

Its cumulative EBITDA for the first three quarters of the year reached over $15 million, over three times higher year on year.

Meanwhile, Carsome Capital, the group’s auto-financing arm, ramped up significantly in the third quarter, driven by a strong operational uplift, with over two times surge in
loan applications fueling higher financing disbursements, growth in hire purchase loans, and dealer financing products.

Carsome Capital also recently announced a new MYR 150 million ($36.42 million) working capital facility with MUFG to drive its continued financing solutions growth.

“Our focus on building differentiated, vertically integrated capabilities has transformed the business. It positions us not only for profitability, but to scale with discipline and sustain long-term growth,

“Moving forward, we are accelerating our market share expansion through targeted offerings like Carsome Value Plus, which allows us to reach a wider audience,” said Eric Cheng, Carsome Group Co-founder and Chief Executive Officer.

“Simultaneously, we are leveraging our unique partnership with JACCS Co., Ltd. (Japan Consumer Credit Service, or JACCS) to bridge the crucial car financing gap, ensuring that quality vehicle ownership is accessible to more people,” he added.

MUFG extends $36M working capital facility to Carsome Capital