HyreCar (HYRE) stock price, revenue, and financials

HyreCar market cap is $70.4 m, and annual revenue was $15.85 m in FY 2019

$70.4 M

HYRE Mkt cap, 21-Oct-2020

$5.8 M

HyreCar Revenue Q1, 2020
HyreCar Gross profit (Q1, 2020)2.2 M
HyreCar Gross profit margin (Q1, 2020), %37.6%
HyreCar Net income (Q1, 2020)-4.1 M
HyreCar EBIT (Q1, 2020)-4.1 M
HyreCar Cash, 30-Jun-20207.2 M
HyreCar EV65.3 M

HyreCar Revenue

HyreCar revenue was $15.85 m in FY, 2019

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HyreCar Income Statement

Annual

USDFY, 2018FY, 2019

Revenue

9.8m15.9m

Cost of goods sold

5.1m9.8m

Gross profit

4.6m6.0m

Gross profit Margin, %

48%38%

Sales and marketing expense

4.8m7.6m

R&D expense

1.4m2.5m

General and administrative expense

7.6m8.6m

Operating expense total

13.8m18.7m

EBIT

(9.2m)(12.7m)

EBIT margin, %

(94%)(80%)

Interest expense

2.0m2.5k

Pre tax profit

(11.2m)(12.5m)

Income tax expense

800.0800.0

Net Income

(11.2m)(12.5m)

Quarterly

USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

2.3m581.5k3.5m3.8m3.7m5.8m

Cost of goods sold

1.2m1.2m1.6m1.5m1.4m3.6m

Gross profit

1.1m(654.2k)2.0m2.3m2.3m2.2m

Gross profit Margin, %

47%(113%)56%61%63%38%

Sales and marketing expense

793.2k1.4m1.2m1.3m2.3m2.3m

R&D expense

297.0k588.0k480.0k568.7k560.2k743.8k

General and administrative expense

3.2m1.2m2.0m2.6m3.2m3.2m

Operating expense total

4.2m3.2m3.7m4.4m6.0m6.3m

EBIT

(3.2m)(1.8m)(1.7m)(2.1m)(3.7m)(4.1m)

EBIT margin, %

(139%)(304%)(49%)(55%)(99%)(71%)

Interest expense

1.9m3.3k810.01.1k639.019.0

Pre tax profit

1.8m(1.7m)(4.1m)

Income tax expense

800.0

Net Income

(5.0m)(1.8m)(1.7m)(2.0m)(3.6m)(4.1m)

HyreCar Balance Sheet

Annual

USDFY, 2018FY, 2019

Cash

6.8m10.7m

Accounts Receivable

161.2k84.7k

Current Assets

7.1m11.1m

PP&E

10.6k9.1k

Total Assets

7.4m11.4m

Accounts Payable

856.9k2.2m

Current Liabilities

2.0m4.5m

Total Liabilities

2.0m4.5m

Common Stock

117.0164.0

Additional Paid-in Capital

21.9m35.9m

Retained Earnings

(16.5m)(29.0m)

Total Equity

5.4m6.8m

Financial Leverage

1.4 x1.7 x

HyreCar Cash Flow

Annual

USDFY, 2018FY, 2019

Net Income

(12.5m)

Depreciation and Amortization

900.070.4k

Accounts Receivable

(120.2k)76.5k

Accounts Payable

(362.5k)1.4m

Cash From Operating Activities

(6.5m)(8.1m)

Purchases of PP&E

(233.1k)(1.2k)

Cash From Investing Activities

(197.7k)(6.2k)

Short-term Borrowings

(50.0k)(263.9k)

Cash From Financing Activities

13.3m12.0m

Net Change in Cash

6.6m3.9m

Interest Paid

64.4k

Income Taxes Paid

800.0800.0

Quarterly

USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(6.8m)(8.6m)(1.7m)(3.7m)(7.4m)(4.1m)(7.9m)

Depreciation and Amortization

392.0623.012.9k32.1k51.2k19.2k38.3k

Accounts Receivable

(19.8k)(87.6k)9.2k5.5k(8.3k)6.1k25.4k

Accounts Payable

561.3k(434.9k)180.4k138.9k202.7k646.5k443.4k

Cash From Operating Activities

(1.9m)(4.8m)(1.3m)(2.6m)(5.7m)(2.9m)(5.5m)

Purchases of PP&E

(4.2k)(4.2k)(2.2k)(1.2k)(1.2k)

Cash From Investing Activities

31.3k(36.4k)(7.2k)(6.2k)(6.2k)

Short-term Borrowings

(50.0k)(50.0k)

Cash From Financing Activities

13.6m13.6m925.9k945.1k12.0m28.6k2.0m

Net Change in Cash

11.7m8.5m(426.0k)(1.7m)6.4m(2.8m)(3.5m)

Interest Paid

61.4k64.4k810.019.019.0

Income Taxes Paid

2.6k800.0

HyreCar Ratios

USDQ2, 2018

EV/EBIT

-13 x

EV/CFO

-21.3 x

Financial Leverage

1.3 x

HyreCar Employee Rating

3.930 votes
Culture & Values
4.2
Work/Life Balance
4
Senior Management
4
Salary & Benefits
3.7
Career Opportunities
4.1
Source