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Unaudited Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income
£ in Thousands
3 Months Ended 5 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
USD ($)
$ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Jun. 30, 2021
USD ($)
$ / shares
shares
Jun. 30, 2021
GBP (£)
£ / shares
shares
Jun. 30, 2020
GBP (£)
£ / shares
Dec. 31, 2020
GBP (£)
£ / shares
Dec. 31, 2019
GBP (£)
£ / shares
Dec. 31, 2018
GBP (£)
£ / shares
Loss from operations       £ (107,812) £ (30,324) £ (99,035) £ (17,678) £ (179)
Finance income       166 185 486 170
Finance expense       (1,793) (627) (1,298) (456)
Other income (expense):                
Net (loss) income       (102,113) (30,766) (102,687) (17,964)  
Revenue       248,209 [1] 39,945 [1] 162,208 1,176
Cost of sales       (236,850) (41,381) (165,082) (2,246)
Gross profit/(loss)       11,359 (1,436) (2,874) (1,070)
Marketing expenses       (29,355) (10,354) (36,110) (3,899)
Selling and distribution expenses       (20,389) (5,298) (17,693) (2,059)
Administrative expenses       (69,427) (13,236) (42,358) (10,650) (179)
Loss before tax       (109,439) (30,766)      
Loss before tax from continuing operations           (99,847) (17,964) (179)
Tax credit       7,326 969
Loss for the year from continued operations           (98,878) (17,964) (179)
Discontinued Operations                
Loss after tax for the year from discontinued operations           (3,809)
Loss for the year       (102,113) (30,766) (102,687) (17,964) (179)
Other comprehensive income       76  
Other comprehensive income                
Exchange differences on translation of foreign operations       76        
Total comprehensive loss       £ (102,037) £ (30,766) £ (102,687) £ (17,964) £ (179)
Net loss per ordinary share, basic and diluted (in Pounds per share and Dollars per share) | £ / shares           £ (0.69) £ (0.18) £ 0.00
Net loss from continuing operations per ordinary share, basic and diluted (in Pounds per share and Dollars per share) | £ / shares           £ (0.66) £ (0.18) £ 0.00
Earnings per share:                
Net loss per ordinary share, basic (in Pounds per share and Dollars per share) | (per share)       £ (0.67) £ (0.28)      
Net loss per ordinary share, diluted (in Pounds per share and Dollars per share) | (per share)       £ (0.67) £ (0.28)      
AJAX I                
Formation and operational costs | $   $ 1,852,924            
Loss from operations | $ $ (3,006,974) (1,852,924) $ (5,954,111)          
Other income (expense):                
Interest income – bank | $   65            
Interest earned on marketable securities held in Trust Account | $ 42,956 97,827 156,937          
Unrealized gain (loss) on marketable securities held in Trust Account | $ (40,129) 11,540 (12,552)          
Change in fair value of derivative liability | $ (8,904,914) (111,326,374) 64,296,618          
Other income (expense), net | $ (8,902,087) (111,216,942) 64,441,003          
Net (loss) income | $ $ (11,909,061) $ (113,069,866) $ 58,486,892          
Basic and diluted weighted average shares outstanding, Class A ordinary shares subject to redemption (in Shares) | shares 69,038,016 72,074,470 65,544,174 65,544,174        
Basic and diluted net income per share, Class A ordinary shares subject to redemption (in Pounds per share and Dollars per share) | $ / shares $ 0.00 $ 0.00 $ 0.89          
Basic and diluted weighted average shares outstanding, Non-redeemable ordinary shares (in Pounds per share and Dollars per share) | $ / shares 20,405,417 13,618,324 23,899,259          
Basic and diluted net income (loss) per share, Non-redeemable ordinary shares (in Pounds per share and Dollars per share) | $ / shares $ (0.58) $ (8.31) $ 2.44          
Earnings per share:                
General and administrative expenses | $ $ 3,006,974   $ 5,954,111          
[1] Revenue excludes £7.5 million of sales where Cazoo sold vehicles as an agent for third parties and only the net commission received from those sales is recorded within revenue.