Lyft market cap is $11.9 b, and annual revenue was $3.62 b in FY 2019

Lyft Gross profit (Q2, 2020)88 M

Lyft Gross profit margin (Q2, 2020), %25.9%

Lyft Net income (Q2, 2020)-437.1 M

Lyft EBIT (Q2, 2020)-487.5 M

Lyft Cash, 30-Jun-2020841.1 M

Lyft EV12 B

Lyft revenue was $3.62 b in FY, 2019 which is a 67.7% year over year increase from the previous period.

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Gross bookings | 1.9b | 4.6b | 8.1b | |

## Revenue | 343.3m | 1.1b | 2.2b | 3.6b |

| 71% | 209% | 103% | 68% |

## Cost of goods sold | 279.0m | 659.5m | 1.2b | 2.2b |

## Gross profit | 64.3m | 400.3m | 913.2m | 1.4b |

| 19% | 38% | 42% | 40% |

## Sales and marketing expense | 434.3m | 567.0m | 803.8m | 814.1m |

## R&D expense | 64.7m | 136.6m | 300.8m | 1.5b |

## General and administrative expense | 160.0m | 221.4m | 447.9m | 1.2b |

## Operating expense total | 756.9m | 1.1b | 1.9b | 4.1b |

## EBIT | (692.6m) | (708.3m) | (977.7m) | (2.7b) |

| (202%) | (67%) | (45%) | (75%) |

## Interest income | 7.0m | 20.2m | 66.5m | 102.5m |

## Pre tax profit | (682.4m) | (687.7m) | (910.6m) | (2.6b) |

## Income tax expense | 401.0k | 556.0k | 738.0k | 2.4m |

## Net Income | (682.8m) | (688.3m) | (911.3m) | (2.6b) |

## EPS | (35.5) | (43.0) | (11.4) |

- Source: CNBC, The Information, S-1 Filings 2019

- Source: CNBC, The Information, S-1 Filings 2019

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 1.1b | 517.7m | 358.3m |

## Prepaid Expenses | 173.0m | 282.6m | 397.2m |

## Current Assets | 2.6b | 2.3b | 3.2b |

## PP&E | 14.2m | 109.3m | 188.6m |

## Goodwill | 152.1m | 158.7m | |

## Total Assets | 3.0b | 3.8b | 5.7b |

## Accounts Payable | 66.9m | 32.3m | 38.8m |

## Short-term debt | 94.2m | ||

## Current Liabilities | 696.8m | 1.4b | 2.5b |

## Long-term debt | 382.1m | ||

## Non-Current Liabilities | 15.3m | 30.5m | |

## Total Debt | 476.3m | ||

## Total Liabilities | 712.1m | 1.5b | 2.8b |

## Common Stock | 3.0k | ||

## Preferred Stock | 4.3b | 5.2b | |

## Additional Paid-in Capital | 55.6m | 73.9m | 8.4b |

## Retained Earnings | (2.0b) | (2.9b) | (5.5b) |

## Total Equity | 2.3b | 2.3b | 2.9b |

## Debt to Equity Ratio | 0.2 x | ||

## Debt to Assets Ratio | 0.1 x | ||

## Financial Leverage | 1.3 x | 1.6 x | 2 x |

- Source: CNBC, The Information, S-1 Filings 2019

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|

## Cash | 329.5m | 417.4m | 543.9m | 597.9m | 841.1m |

## Prepaid Expenses | 345.5m | 367.5m | 426.4m | 474.9m | 320.3m |

## Current Assets | 1.4b | 3.7b | 3.5b | 3.1b | 3.1b |

## PP&E | 120.5m | 138.1m | 160.0m | 360.5m | 353.6m |

## Goodwill | 150.7m | 150.9m | 150.8m | 180.6m | 182.8m |

## Total Assets | 3.2b | 5.7b | 5.7b | 5.6b | 5.2b |

## Accounts Payable | 39.4m | 12.7m | 36.2m | 540.5m | 48.2m |

## Short-term debt | 73.7m | 92.5m | 88.9m | 44.1m | 48.3m |

## Current Liabilities | 1.8b | 2.1b | 2.4b | 2.6b | 2.0b |

## Long-term debt | 263.8m | 295.2m | 359.2m | 388.0m | 916.4m |

## Non-Current Liabilities | 268.4m | ||||

## Total Debt | 337.4m | 387.6m | 448.0m | 432.1m | 964.7m |

## Total Liabilities | 2.0b | 2.4b | 2.7b | 3.0b | 2.9b |

## Common Stock | 3.0k | 3.0k | 3.0k | 3.0k | |

## Preferred Stock | 5.2b | ||||

## Additional Paid-in Capital | 150.0m | 8.0b | 8.2b | 8.6b | 8.7b |

## Retained Earnings | (4.1b) | (4.7b) | (5.2b) | (5.9b) | (6.4b) |

## Total Equity | 1.2b | 3.3b | 3.0b | 2.6b | 2.3b |

## Debt to Equity Ratio | 0.3 x | 0.1 x | 0.1 x | 0.2 x | 0.4 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.2 x |

## Financial Leverage | 2.7 x | 1.7 x | 1.9 x | 2.1 x | 2.3 x |

- Source: CNBC, The Information, S-1 Filings 2019

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | (682.8m) | (688.3m) | (911.3m) | (2.6b) |

## Depreciation and Amortization | 527.0k | 2.6m | 18.8m | 108.4m |

## Accounts Payable | 24.9m | 21.4m | (40.8m) | 5.1m |

## Cash From Operating Activities | (487.2m) | (393.5m) | (280.7m) | (105.7m) |

## Purchases of PP&E | (8.8m) | (7.5m) | (68.7m) | (178.1m) |

## Cash From Investing Activities | (407.9m) | (991.4m) | (1.0b) | (1.6b) |

## Cash From Financing Activities | 775.4m | 2.0b | 852.2m | 1.6b |

## Net Change in Cash | (119.6m) | 664.0m | (472.4m) | (142.0m) |

- Source: CNBC, The Information, S-1 Filings 2019

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|

## Net Income | (1.1b) | (1.8b) | (2.2b) | (398.1m) | (835.2m) |

## Depreciation and Amortization | 23.1m | 54.2m | 84.4m | 35.5m | 79.9m |

## Accounts Payable | 1.2m | (22.4m) | (733.0k) | 500.0m | 4.2m |

## Cash From Operating Activities | (84.8m) | (69.5m) | (59.5m) | (206.9m) | (958.6m) |

## Purchases of PP&E | (25.1m) | (68.3m) | (128.4m) | ||

## Cash From Investing Activities | 670.3m | (1.7b) | (1.5b) | 787.7m | 880.6m |

## Long-term Borrowings | (12.3m) | (36.0m) | |||

## Cash From Financing Activities | (788.2m) | 1.6b | 1.6b | (16.6m) | 568.0m |

## Net Change in Cash | (202.6m) | (164.0m) | (20.8m) | 564.0m | 489.5m |

- Source: CNBC, The Information, S-1 Filings 2019

USD | FY, 2016 |
---|---|

## Revenue/Employee | 233.7k |

Lyft's Unique Users was reported to be 23 m in Aug, 2018.

Y, 2015 | Feb, 2016 | Q1, 2016 | Apr, 2016 | May, 2016 | Jun, 2016 | Q2, 2016 | Jul, 2016 | Q3, 2016 | Q4, 2016 | Y, 2016 | Jan, 2017 | Feb, 2017 | Q1, 2017 | Jun, 2017 | Q2, 2017 | Jul, 2017 | Aug, 2017 | Sep, 2017 | Q3, 2017 | Oct, 2017 | Q4, 2017 | Y, 2017 | Mar, 2018 | Q1, 2018 | Apr, 2018 | May, 2018 | Q2, 2018 | Aug, 2018 | Sep, 2018 | Q3, 2018 | Q4, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue per Active Client | $15.88 | $14.11 | $18.03 | $18.53 | $21.42 | $25.29 | $26.59 | $27.34 | $28.27 | $32.67 | $33.65 | $36.04 | $37.86 | $39.77 | $42.82 | $44.40 | $45.06 | $39.06 | ||||||||||||||||||||||

## Rides | 29 m | 36.50 m | 44.30 m | 52.60 m | 70.40 m | 85.80 m | 103.10 m | 116.30 m | 132.50 m | 146.30 m | 162.20 m | 178.40 m | ||||||||||||||||||||||||||||

## Riders | 3.50 m | 4.50 m | 5.70 m | 6.60 m | 8.10 m | 9.40 m | 11.40 m | 12.60 m | 14 m | 15.50 m | 17.40 m | 18.60 m | 30.70 m | 20.50 m | 21.80 m | 22.30 m | 22.90 m | |||||||||||||||||||||||

## Drivers | 315 k | 315 k | 700 k | 1.40 m | 1.40 m | 1.10 m | 1.90 m | |||||||||||||||||||||||||||||||||

## Monthly Rides | 7 m | 11.40 m | 12.70 m | 12.40 m | 13.90 m | 28 m | ||||||||||||||||||||||||||||||||||

## Unique Passengers | 2.40 m | 2.80 m | ||||||||||||||||||||||||||||||||||||||

## Driver Earnings to Date | $10 b | |||||||||||||||||||||||||||||||||||||||

## Rides to Date | 53.30 m | 162 m | 350 m | 500 m | 500 m | 1 b | 1 b | |||||||||||||||||||||||||||||||||

## Active Cities | 258 | 347 | 429 | 500 | 350 | |||||||||||||||||||||||||||||||||||

## Average Cost for Business Travells (US) | $19.69 | |||||||||||||||||||||||||||||||||||||||

## Daily Rides | 1 m | 1 m | ||||||||||||||||||||||||||||||||||||||

## Daily Rides (New York City) | 122 k | |||||||||||||||||||||||||||||||||||||||

## Downloads (US) | 1.26 m | |||||||||||||||||||||||||||||||||||||||

## Markets | 300 | 300 | ||||||||||||||||||||||||||||||||||||||

## Monthly Active Users (US) | 4.50 m | 4.70 m | 3.60 m | |||||||||||||||||||||||||||||||||||||

## Monthly Average Driver Income | $377 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Atlanta) | $42 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Austin) | $37 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Boston) | $55 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Charlotte) | $23 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Chicago) | $52 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Columbus) | $23 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Dallas) | $36 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Denver) | $40 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Detroit) | $21 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Fort Lauderdale) | $85 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Houston) | $34 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Indianapolis) | $24 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Las Vegas) | $43 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Los Angeles) | $48 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Miami) | $51 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Minneapolis) | $52 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (New York City) | $54 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Orlando) | $40 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Philadelphia) | $46 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Pittsburgh) | $50 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Portland) | $41 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Ricmond) | $32 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Saint Louis) | $20 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Salt Lake City) | $42 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (San Antonio) | $32 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (San Diego) | $36 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (San Francisco) | $89 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (San Jose) | $49 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Seattle) | $53 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Tampa) | $28 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User (Washington) | $46 | |||||||||||||||||||||||||||||||||||||||

## Monthly Average Spend per User(Phonex) | $40 | |||||||||||||||||||||||||||||||||||||||

## Rides (US and Toronto) | 162.60 m | 375.50 m | ||||||||||||||||||||||||||||||||||||||

## Tips Earned | $100 m | $400 m | $500 m | $750 m | ||||||||||||||||||||||||||||||||||||

## Unique Users | 23 m | 23 m | ||||||||||||||||||||||||||||||||||||||

## Vehicles (New York City) | 34 k | |||||||||||||||||||||||||||||||||||||||

## Weekly Rides | 10 m |

Y, 2018 | Y, 2017 | |
---|---|---|

Hispanic, percent | 9 % | 7 % |

Asian, percent | 22.9 % | 19.1 % |

Black / African American, percent | 10.2 % | 6 % |

White, percent | 52.4 % | 63.4 % |

Other | 5.5 % | 4.4 % |

- Source: take.lyft.com

Y, 2018 | Y, 2017 | |
---|---|---|

Male (Tech), percent | 26.3 % | 82 % |

Female (Tech), percent | 7 % | 18 % |

Male (Management), percent | 21.9 % | |

Female (Management), percent | 11.4 % |

- Source: take.lyft.com