Carma Ltd

Carma Limited (ASX: CMA) is a technology-led digital platform for buying and selling reconditioned used vehicles in Australia.

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About Carma Ltd (ASX:CMA)

Carma Limited, listed on the Australian Securities Exchange under the ticker CMA, is a technology-led automotive retail company headquartered in Strawberry Hills, New South Wales. Founded in 2021 and successfully listed in late 2025, the company specializes in providing a full-stack digital platform for the buying and selling of used vehicles, including SUVs, hatchbacks, and commercial utes, across Australia. Its primary business focus is to modernize the pre-owned vehicle market through a seamless, end-to-end online transaction model that prioritizes consumer trust, transparency, and operational efficiency.

The company’s operations are built upon a vertically integrated model that encompasses direct-from-consumer sourcing, rigorous mechanical inspection, and professional in-house reconditioning. Central to its operational footprint is a 35,000 square metre inspection and reconditioning facility located in St Peters, where vehicles undergo intensive restoration based on lean manufacturing principles. Beyond its retail platform, Carma offers AI-driven pricing tools, integrated financing solutions, and a wholesale auction channel specifically designed for automotive dealers to manage their own inventory.

Carma maintains a disruptive market position by targeting Australian consumers who seek a more convenient and reliable alternative to traditional physical dealerships and private marketplaces. Its strategic focus is on scaling its digital infrastructure and expanding its network of “Sell-to-Carma” sourcing centers to increase inventory throughput and overall market share. By acting as a guarantor of vehicle quality and offering value-added services like home delivery, the company aims to capture significant value across the entire automotive retail and logistics chain.

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