Online marketplace giant Trader Interactive finished fiscal year 2023 with record performance across its portfolio, it said.
The leading marketplaces for RVs, boats, powersports and commercial trucks, Trader Interactive said it experienced another breakout year, reporting:
- Revenue growth of 14% CAGR since FY20, reaching $161 million in FY23.
- Traffic volumes exceeding FY19 levels in every major vertical.
- 10,000 subscribed dealerships, marking a steady increase over the last few years.
- A 41% increase in dealer leads since before the pandemic (FY19).
- 1.3 million monthly unique listings by the end of FY23, nearing pre-pandemic levels.
Parent company CAR Group, which acquired 100% of Trader Interactive in 2022, has implemented new ad programs and technologies to deliver superior dealer and customer values across all platforms, it said.