2 Cheap Cars Group

2 Cheap Cars Group EBIT

The EBIT of 2 Cheap Cars Group (2CC.NZ) as of Nov 6, 2026 is 3.53 M NZD. In the previous year, EBIT was 9.43 M NZD — a change of -62.53% (lower).

EBIT

3.53 MNZD

YoY

-62.53%

Last updated:

In 2025, 2 Cheap Cars Group's EBIT was 3.53 M NZD, a -62.53% increase from the 9.43 M NZD EBIT recorded in the previous year.

The 2 Cheap Cars Group EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT
Date
EBIT
Jan 1, 2021
5.04 M NZD
Jan 1, 2022
2.16 M NZD
Jan 1, 2023
2.88 M NZD
Jan 1, 2024
9.43 M NZD
Jan 1, 2025
3.53 M NZD
The 2 Cheap Cars Group EBIT history
YEAREBITYoY
3.53 MNZD-62.53%
9.43 MNZD+227.60%
2.88 MNZD+33.19%
2.16 MNZD-57.14%
5.04 MNZD—

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2 Cheap Cars Group Revenue

2 Cheap Cars Group Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
65.37 M NZD
5.04 M NZD
3.20 M NZD
Jan 1, 2022
64.23 M NZD
2.16 M NZD
2.59 M NZD
Jan 1, 2023
82.70 M NZD
2.88 M NZD
1.29 M NZD
Jan 1, 2024
86.78 M NZD
9.43 M NZD
6.24 M NZD
Jan 1, 2025
80.17 M NZD
3.53 M NZD
3.30 M NZD

2 Cheap Cars Group Margins

2 Cheap Cars Group stock margins

The 2 Cheap Cars Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of 2 Cheap Cars Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for 2 Cheap Cars Group.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
20.93 %
7.71 %
4.89 %
Jan 1, 2022
19.54 %
3.36 %
4.04 %
Jan 1, 2023
17.89 %
3.48 %
1.56 %
Jan 1, 2024
23.81 %
10.86 %
7.19 %
Jan 1, 2025
19.95 %
4.41 %
4.12 %

2 Cheap Cars Group Stock analysis

What does 2 Cheap Cars Group do? NZ Automotive Investments Ltd. generates revenue through its Automotive Retail segment operating under the 2 Cheap Cars brand, which sells used vehicles across 12 New Zealand dealerships. The company also earns income from its Finance segment via NZ Motor Finance, which provides vehicle financing and sells guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products. Subsidiaries like 2 Cheap Cars Limited and NZ Motor Finance Limited handle vehicle sales and finance services, while 2 Cheap Rental Cars Limited supports rental operations. The company’s revenue streams include vehicle sales, agent commissions from third-party finance and insurance products, and insurance product sales. The business targets individual customers seeking used vehicles and financing solutions in New Zealand. 2 Cheap Cars Limited focuses on used vehicle retailing, while NZ Motor Finance Limited caters to customers requiring vehicle loans and insurance products. The company’s segments operate under distinct brands: 2 Cheap Cars for retail and NZ Motor Finance for financing, with additional subsidiaries like 2CC International Limited and Car Plus K.K. supporting international and specialized services. Revenue is derived from direct vehicle sales, finance services, and insurance product distribution. 2 Cheap Cars Limited, a subsidiary, earns from vehicle sales and third-party finance and insurance agent commissions. NZ Motor Finance Limited generates income through vehicle financing and the sale of GAP and PPI insurance. The company’s structure includes multiple subsidiaries, each contributing to specific revenue streams without overlapping operations. The business model relies on combining retail vehicle sales with financial services to create a comprehensive customer solution in New Zealand’s used car market. 2 Cheap Cars Group is one of the most popular companies on Eulerpool.

EBIT Details

Analyzing 2 Cheap Cars Group's EBIT

2 Cheap Cars Group's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of 2 Cheap Cars Group's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

2 Cheap Cars Group's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in 2 Cheap Cars Group’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about 2 Cheap Cars Group stock

EBIT of 2 Cheap Cars Group is 3.53 M NZD in 2025.

EBIT of 2 Cheap Cars Group changed from 9.43 M NZD to 3.53 M NZD, representing a -62.53% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EBIT 2 Cheap Cars Group since 2006 – with annual values, charts, and detailed analysis.

"Earnings before interest and taxes", abbreviated as EBIT, is also referred to as the operating result of a company. It is a key figure that allows the profit to be assessed over a specific period of time, usually a fiscal year. Taxes and interest are not deducted from EBIT, making it suitable for international comparisons of different companies.

Net income
+ Tax expense
+ Interest expense and other financial expenses
- Interest income and other financial income
= EBIT (operating profit)

EBIT's NZD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track EBIT's 2 Cheap Cars Group historically and in real time.

The sales revenue is important for evaluating a stock.

EBIT is an acronym for "Earnings Before Interest and Tax" and represents a company's gross profit before taxes and interest are deducted. The EBIT amount is often used as a metric to evaluate a company.

History

The EBIT was originally introduced in the 1940s when the US Internal Revenue Service (IRS) passed a new tax law. This law required companies to calculate their profit before deducting taxes and interest on loans (or "interest and taxes"). Since then, the EBIT has been used as one of the key financial indicators in evaluating a company.

Usage

The EBIT can be used to assess a company by comparing its financial results to a benchmark or a comparative value. The EBIT is also used to determine how much the company's shareholders will receive from its operating income.

Calculation

EBIT is calculated by deducting taxes and interest on loans from the company's net profit. This amount can be calculated in various ways, but the most common method is as follows:

EBIT = Net profit + interest and taxes

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Net profit of XYZ Co. = $1,000,000
Interest and taxes = $ 500,000
EBIT of XYZ Co. = $1,500,000

Application

The EBIT value is often used to determine and evaluate the financial stability of a company. The EBIT value can also be used to determine how much money a company can spend on investments or dividends.

Use of EBIT in stock investment

Investors use EBIT to determine if a stock is over- or undervalued. If a company has a high EBIT value, it may indicate that its stock is overvalued, as the profit it generates could be lower than what it would generate with a different stock.

Advantages of EBIT

EBIT is a helpful measure for determining the financial stability of a company. There are several advantages associated with using EBIT, such as:
- EBIT eliminates the impact of financing on the company's earnings.
- It is a useful measure for determining the profits that a company can distribute to its shareholders.
- It can be used to determine whether a stock is overvalued or undervalued.

Disadvantages of EBIT

There are also some disadvantages to using EBIT, such as:
- EBIT cannot be used as the sole measure to evaluate a company as it does not reflect the overall profit of the company.
- EBIT can be influenced by unforeseen events such as a tax increase.
- EBIT is not always a reliable indicator of a company's future profit development.

Conclusion

The EBIT is an important measure used to evaluate a company. It can be used to determine how much money a company can generate from its operational results and whether a stock is overvalued or undervalued. However, the EBIT also has some disadvantages as it does not reflect the overall profitability of a company and can be influenced by unforeseen events. Therefore, it is important to consider the EBIT in conjunction with other financial indicators to obtain a complete picture of the company.

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Income Statement — 2 Cheap Cars Group

All Key Metrics — 2 Cheap Cars Group