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AUTO1 Group (LTS:0A9L) Cash Paid for Insurance Activities


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What is AUTO1 Group Cash Paid for Insurance Activities?

Cash Paid for Insurance Activities only applicable to companies reporting Cash Flow from Operations in direct method.


AUTO1 Group Business Description

Industry
Traded in Other Exchanges
Address
Bergmannstrabe 72, Berlin, DEU, 10961
AUTO1 Group is a digital platform that facilitates the buying and selling of used cars online. It provides a simple and convenient way for both individual customers and professional car dealers across Europe to purchase and sell used cars at transparent prices, without the need for negotiation. AUTO1 Group has two main operating segments: Merchant and Retail. In the Merchant segment, used cars are sold to commercial car dealers through the AUTO1.com brand. The Merchant revenue includes auction fees, logistics services fees, and other charges associated with the provision of vehicles to dealers. The Retail segment focuses on selling used cars to private customers under the Autohero brand. However, the majority of the revenue is generated from the Merchant segment.