This company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsHyreCar（8HY）株式概要HyreCar Inc. operates a car-sharing marketplace in the United States. 詳細8HY ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6リスク分析キャッシュランウェイが1年未満である 意味のある時価総額がありません ( €287K )German市場と比較して、過去 3 か月間の株価の変動が非常に大きい過去5年間で収益は年間28.1%減少しました。 +2 さらなるリスクすべてのリスクチェックを見る8HY Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.0001100.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-28m218m2016201920222025202620282031Revenue US$218.2mEarnings US$16.2mAdvancedSet Fair ValueView all narrativesHyreCar Inc. 競合他社Micromobility.comSymbol: OTCPK:MCOMMarket cap: US$645.5kMove About GroupSymbol: OM:MOVMarket cap: SEK 82.9kAutoriders InternationalSymbol: BSE:512277Market cap: ₹1.2bBird GlobalSymbol: OTCPK:BRDS.QMarket cap: US$15.8k価格と性能株価の高値、安値、推移の概要HyreCar過去の株価現在の株価US$0.000152週高値US$1.5352週安値US$0.0001ベータ2.391ヶ月の変化0%3ヶ月変化0%1年変化-99.99%3年間の変化-100.00%5年間の変化n/aIPOからの変化-100.00%最新ニュースお知らせ • Feb 04HyreCar Inc.(NasdaqCM:HYRE) dropped from NASDAQ Composite IndexHyreCar Inc. has been removed from NASDAQ Composite Index .お知らせ • Jan 28+ 1 more updateHyreCar Inc. Terminates Michael Furnari as Chief Business Development OfficerOn January 19, 2023, the Board of Directors (the ‘Board’) of HyreCar Inc. (the ‘Company’) terminated the employment of Michael Furnari, effective January 20, 2023. The Company had placed Michael Furnari, the then Chief Business Development Officer of the Company, on an unpaid leave of absence beginning December 8, 2022.お知らせ • Jan 18HyreCar Inc. Appoints Eduardo Iniguez as Chief Financial OfficerOn January 11, 2023, the Board of Directors of HyreCar Inc. appointed Eduardo Iniguez to serve as the Company’s Chief Financial Officer. Mr. Iniguez had been serving as the Company’s Interim Chief Financial Officer since September 30, 2022 and will continue to serve as the Company’s Interim Chief Executive Officer in addition to his role as Chief Financial Officer.お知らせ • Dec 17HyreCarInc.'s Securities to Be Delisted from the Nasdaq Capital MarketOn December 13, 2022, HyreCar Inc. (the “Company”) received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the Company’s non-compliance with the $35 million market value of listed securities requirement set forth in Nasdaq Listing Rule 5550(b)(2) as of December 12, 2022, the Company’s securities will be suspended from trading on and delisted from The Nasdaq Capital Market at the opening of business on December 22, 2022 unless the Company requests a hearing before a Nasdaq Hearings Panel (the “Panel”) to appeal Nasdaq’s delisting determination by 4:00 p.m. Eastern Time on December 20, 2022. The Company plans to timely request a hearing before the Panel, which request will stay any further suspension or delisting action by Nasdaq at least pending completion of the hearing process and the expiration of any extension period that may be granted by the Panel following the hearing. In accordance with the Nasdaq Listing Rules, the Panel has the discretion to grant the Company an extension through June 12, 2023. Notwithstanding, there can be no assurance that the Panel will determine to continue the Company’s listing or that the Company will timely evidence compliance with the terms of any extension that may be granted by the Panel following the hearing. As previously disclosed, on June 14, 2022, Nasdaq notified the Company that, based upon the Company’s non-compliance with the $35 million market value of listed securities requirement over the previous 30-consecutive business days, and in accordance with the Nasdaq Listing Rules, the Staff granted the Company a 180-calendar day period to regain compliance. The Company did not regain compliance by December 12, 2022, which resulted in the Staff’s issuance of the delisting determination.お知らせ • Dec 13HyreCar Inc. Appoints Eduardo Iniguez as Interim CEOHyreCar Inc. announced that on December 9, 2022, it has announced the appointment of Eduardo Iniguez as Interim CEO of HyreCar. Iniguez is laser-focused on managing the joint venture as it continues to acquire and deploy cars through the line. At the same time, he will continue to optimize operating expenses to accelerate the company’s path towards cash flow breakeven. Prior to HyreCar, Iniguez was the VP of Corporate Finance at AllClear, a global aerospace and defense manufacturing, distribution, and logistics company. There, he served as CFO of one of the company’s joint ventures and had direct responsibility for 11 P&Ls with the GMs of five business units, including the largest privately-held aerospace distribution company in the world, indirectly reporting to him. He led multiple successful mergers and acquisitions, partnering with some of the most respected private equity firms to scale businesses and increase enterprise value. In the past seven months at HyreCar, he has led the restructuring of headcount to build lean, high-performing teams and aggressively managed spend to balance growth and margin expansion, resulting in annualized savings of over $2.8 million.Reported Earnings • Nov 16Third quarter 2022 earnings released: US$0.23 loss per share (vs US$0.29 loss in 3Q 2021)Third quarter 2022 results: US$0.23 loss per share (improved from US$0.29 loss in 3Q 2021). Revenue: US$10.3m (up 6.4% from 3Q 2021). Net loss: US$5.39m (loss narrowed 12% from 3Q 2021). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.最新情報をもっと見るRecent updatesお知らせ • Feb 04HyreCar Inc.(NasdaqCM:HYRE) dropped from NASDAQ Composite IndexHyreCar Inc. has been removed from NASDAQ Composite Index .お知らせ • Jan 28+ 1 more updateHyreCar Inc. Terminates Michael Furnari as Chief Business Development OfficerOn January 19, 2023, the Board of Directors (the ‘Board’) of HyreCar Inc. (the ‘Company’) terminated the employment of Michael Furnari, effective January 20, 2023. The Company had placed Michael Furnari, the then Chief Business Development Officer of the Company, on an unpaid leave of absence beginning December 8, 2022.お知らせ • Jan 18HyreCar Inc. Appoints Eduardo Iniguez as Chief Financial OfficerOn January 11, 2023, the Board of Directors of HyreCar Inc. appointed Eduardo Iniguez to serve as the Company’s Chief Financial Officer. Mr. Iniguez had been serving as the Company’s Interim Chief Financial Officer since September 30, 2022 and will continue to serve as the Company’s Interim Chief Executive Officer in addition to his role as Chief Financial Officer.お知らせ • Dec 17HyreCarInc.'s Securities to Be Delisted from the Nasdaq Capital MarketOn December 13, 2022, HyreCar Inc. (the “Company”) received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the Company’s non-compliance with the $35 million market value of listed securities requirement set forth in Nasdaq Listing Rule 5550(b)(2) as of December 12, 2022, the Company’s securities will be suspended from trading on and delisted from The Nasdaq Capital Market at the opening of business on December 22, 2022 unless the Company requests a hearing before a Nasdaq Hearings Panel (the “Panel”) to appeal Nasdaq’s delisting determination by 4:00 p.m. Eastern Time on December 20, 2022. The Company plans to timely request a hearing before the Panel, which request will stay any further suspension or delisting action by Nasdaq at least pending completion of the hearing process and the expiration of any extension period that may be granted by the Panel following the hearing. In accordance with the Nasdaq Listing Rules, the Panel has the discretion to grant the Company an extension through June 12, 2023. Notwithstanding, there can be no assurance that the Panel will determine to continue the Company’s listing or that the Company will timely evidence compliance with the terms of any extension that may be granted by the Panel following the hearing. As previously disclosed, on June 14, 2022, Nasdaq notified the Company that, based upon the Company’s non-compliance with the $35 million market value of listed securities requirement over the previous 30-consecutive business days, and in accordance with the Nasdaq Listing Rules, the Staff granted the Company a 180-calendar day period to regain compliance. The Company did not regain compliance by December 12, 2022, which resulted in the Staff’s issuance of the delisting determination.お知らせ • Dec 13HyreCar Inc. Appoints Eduardo Iniguez as Interim CEOHyreCar Inc. announced that on December 9, 2022, it has announced the appointment of Eduardo Iniguez as Interim CEO of HyreCar. Iniguez is laser-focused on managing the joint venture as it continues to acquire and deploy cars through the line. At the same time, he will continue to optimize operating expenses to accelerate the company’s path towards cash flow breakeven. Prior to HyreCar, Iniguez was the VP of Corporate Finance at AllClear, a global aerospace and defense manufacturing, distribution, and logistics company. There, he served as CFO of one of the company’s joint ventures and had direct responsibility for 11 P&Ls with the GMs of five business units, including the largest privately-held aerospace distribution company in the world, indirectly reporting to him. He led multiple successful mergers and acquisitions, partnering with some of the most respected private equity firms to scale businesses and increase enterprise value. In the past seven months at HyreCar, he has led the restructuring of headcount to build lean, high-performing teams and aggressively managed spend to balance growth and margin expansion, resulting in annualized savings of over $2.8 million.Reported Earnings • Nov 16Third quarter 2022 earnings released: US$0.23 loss per share (vs US$0.29 loss in 3Q 2021)Third quarter 2022 results: US$0.23 loss per share (improved from US$0.29 loss in 3Q 2021). Revenue: US$10.3m (up 6.4% from 3Q 2021). Net loss: US$5.39m (loss narrowed 12% from 3Q 2021). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Michael Root was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Nov 11HyreCar Inc. Receives a Letter from Nasdaq Regarding Minimum Bid PriceOn November 4, 2022, HyreCar Inc. ("the Company") received a letter ("the Notice") from the listing qualifications staff ("the Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, it is not in compliance with the minimum bid price requirement set in Nasdaq Listing Rule 5550(a)(2) for continued listing. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has no immediate effect on the listing of the Company's common stock, par value $0.00001 per share ("the Common Stock"), which continues to trade on the Nasdaq Capital Market under the symbol HYRE. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until May 3, 2023, to regain compliance. If at any time before May 3, 2023, the closing bid price of the Company’s Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, subject to Nasdaq’s discretion to extend this period pursuant to Nasdaq Listing Rule 5810(c)(3)(H), Nasdaq will provide written notification that the Company has achieved compliance with the minimum bid price requirement, and the matter would be resolved. If the Company does not regain compliance during the compliance period ending May 3, 2023, then Nasdaq may grant the Company a second 180 calendar day period to regain compliance, provided the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. The Company will continue to monitor the closing bid price of its Common Stock and seek to regain compliance with all applicable Nasdaq requirements within the allotted compliance periods. If the Company does not regain compliance within the allotted compliance periods, including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel. There can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second period of 180 days to regain compliance or maintain compliance with the other Nasdaq listing requirements.お知らせ • Nov 08HyreCar Inc. to Report Q3, 2022 Results on Nov 14, 2022HyreCar Inc. announced that they will report Q3, 2022 results After-Market on Nov 14, 2022お知らせ • Sep 21HyreCar Inc. announced that it has received $4.999999 million in fundingOn September 19, 2022, HyreCar Inc. closed the transaction. The transaction included participation from 4 investors.お知らせ • Sep 20+ 1 more updateHyrecar Appoints Eduardo Iniguez as Interim CFOHyreCar Inc. announced that it has appointed Eduardo Iniguez as interim Chief Financial Officer. Serge De Bock will leave the company to assume a senior leadership position at another company. He will remain in his current CFO role at HyreCar through September 30, 2022. Eduardo Iniguez, HyreCar’s Head of Finance, will assume the role of Interim CFO to lead the Finance, Accounting and Compliance functions. Previously, Iniguez was the VP of Corporate Finance at AllClear Aerospace & Defense, the largest privately held aerospace distribution company in the world. In that role, Iniguez served as the Chief Financial Officer for one of the company’s joint ventures while overseeing the company’s Finance and Accounting functions. He brings more than 14 years of experience in operational finance, treasury, budgeting, net working capital management, and public accounting. Through years of managing complex M&A deals and direct responsibility for 11 P&Ls, he brings a disciplined approach to financial analysis and management, including a solid track record of managing cash burn and improving EBITDA performance. Iniguez received his Master of Business Administration and Bachelor of Science from the University of Southern California.Reported Earnings • Aug 17Second quarter 2022 earnings released: US$0.20 loss per share (vs US$0.46 loss in 2Q 2021)Second quarter 2022 results: US$0.20 loss per share (up from US$0.46 loss in 2Q 2021). Revenue: US$10.5m (up 16% from 2Q 2021). Net loss: US$4.38m (loss narrowed 53% from 2Q 2021). Over the next year, revenue is forecast to grow 32%, compared to a 7.4% growth forecast for the Transportation industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 09HyreCar Inc. to Report Q2, 2022 Results on Aug 15, 2022HyreCar Inc. announced that they will report Q2, 2022 results After-Market on Aug 15, 2022お知らせ • Aug 03HyreCar Receives Non-Compliance Letter from NasdaqOn July 27, 2022, HyreCar Inc. (the Company") received a letter (the Notice") from the listing qualifications staff (the Staff") of The Nasdaq Stock Market LLC (Nasdaq") notifying the Company that, it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has noimmediate effect on the listing of the Company's common stock, par value $0.00001 per share (the Common Stock"), which continues to trade on the Nasdaq Capital Market under the symbol HYRE." In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until January 23, 2023, to regain compliance. If at any time before January 23, 2023, the closing bid price of the Company's Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, subject to Nasdaq's discretion to extend this period pursuant to Nasdaq Listing Rule 5810(c)(3)(H), Nasdaq will provide written notification that the Company has achieved compliance with the minimum bid price requirement, and the matter would be resolved. If the Company does not regain compliance during the compliance period ending January 23, 2023, then Nasdaq may grant the Company a second 180 calendar day period to regain compliance, provided the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. The Company will continue to monitor the closing bid price of its Common Stock and seek to regain compliance with all applicable Nasdaq requirements within the allotted compliance periods. If the Company does not regain compliance within the allotted compliance periods, including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel. There can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second period of 180 days to regain compliance or maintain compliance with the other Nasdaq listing requirements.Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Michael Root was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Jul 13HyreCar Inc. Revises Revenue Guidance for the Second Quarter of 2022HyreCar Inc. revised revenue guidance for the second quarter of 2022. The company issued revised guidance of expected net revenue between $10.4 million and $10.6 million, narrowing previous guidance of expected net revenue between $10.2 million and $10.7 million, based on the company’s strong performance in the second quarter.Board Change • Jul 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Michael Root was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Jun 22HyreCar Inc. Receives Notice of Delisting or Failure to Satisfy Continued Listing Rule or Standard from NasdaqOn June 14, 2022, HyreCar Inc. received a letter from the listing qualifications department staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the Company’s minimum Market Value of Listed Securities (“MVLS”) was below the minimum of $35 million required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq listing rule 5550(b)(2). The Staff also noted the Company does not meet the alternative standards under Nasdaq listing rule 5550(b)(1) or 5550(b)(3) for continued listing on the Nasdaq Capital Market. The Notice has no immediate effect on the listing of the Company’s common stock, par value $0.00001 per share (the “Common Stock”), which continues to trade on the Nasdaq Capital Market under the symbol “HYRE.” In accordance with Nasdaq listing rule 5810(c)(3)(C), the Company has 180 calendar days, or until December 12, 2022, to regain compliance. The Notice states that to regain compliance, the Company’s MVLS must close at $35 million or more for a minimum of ten consecutive business days (or such longer period of time as the Nasdaq staff may require in some circumstances, but generally not more than 20 consecutive business days) during the compliance period ending December 12, 2022. If the Company does not regain compliance by December 12, 2022, the Staff will provide written notice to the Company that the Common Stock is subject to delisting. At that time, the Company may appeal any such delisting determination to a hearings panel.お知らせ • May 26Hyrecar Inc. Announces Executive ChangesHyreCar Inc. announced the appointment of Greg Tatem as Chief Technology Officer and the transition of Ken Grimes to an executive advisory role, effective May 23, 2022. With over 25 years of experience leading strong development teams, Tatem brings a deep technical background and experience in e-commerce, user segmentation and front-end technology to HyreCar. He previously held leadership, technology and engineering roles at Wine.com and Williams Sonoma. Tatem’s expertise in leading teams and building customer-centric software will be invaluable in his new role as CTO.Reported Earnings • May 17First quarter 2022 earnings released: US$0.24 loss per share (vs US$0.38 loss in 1Q 2021)First quarter 2022 results: US$0.24 loss per share (up from US$0.38 loss in 1Q 2021). Revenue: US$9.55m (up 28% from 1Q 2021). Net loss: US$5.33m (loss narrowed 26% from 1Q 2021). Over the next year, revenue is forecast to grow 34%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.お知らせ • May 12HyreCar Inc. to Report Q1, 2022 Results on May 16, 2022HyreCar Inc. announced that they will report Q1, 2022 results After-Market on May 16, 2022お知らせ • May 03HyreCar Inc., Annual General Meeting, Jun 23, 2022HyreCar Inc., Annual General Meeting, Jun 23, 2022, at 10:00 Pacific Standard Time. Agenda: To elect one (1) Class I member to its Board of Directors; to ratify the appointment of dbbmckennon as its independent registered public accounting firm for the fiscal year ending December 31, 2022; and to transact such other matters as may properly come before the Annual Meeting and any adjournment or postponement thereof.Breakeven Date Change • Apr 27No longer forecast to breakevenThe 5 analysts covering HyreCar no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$3.20m in 2023. New consensus forecast suggests the company will make a loss of US$11.9m in 2023.Breakeven Date Change • Mar 17No longer forecast to breakevenThe 4 analysts covering HyreCar no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$3.20m in 2023. New consensus forecast suggests the company will make a loss of US$11.4m in 2023.お知らせ • Feb 03HyreCar Inc. Announces Executive ChangesHyreCar Inc. announced that A.J. Lee has been appointed Senior Vice President, Growth, and Megan Behrens, Senior Vice President, Product & Operations, has expanded the scope of her responsibilities. These appointments replace Henry Park’s role as COO, who resigned from HyreCar as of January 31, 2022.Reported Earnings • Nov 10Third quarter 2021 earnings released: US$0.29 loss per share (vs US$0.10 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$9.65m (up 42% from 3Q 2020). Net loss: US$6.15m (loss widened 234% from 3Q 2020).お知らせ • Oct 01HYRE Investors Have Opportunity to Lead HyreCar Inc. Securities Fraud LawsuitHoward G. Smith announced that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against HyreCar Inc. Class Period: May 14, 2021 and August 10, 2021 The complaint filed in this class action alleges that throughout the Class Period, Defendants failed to disclose to investors that: (1) HyreCar had materially understated its insurance reserves; (2) HyreCar had systematically failed to pay valid insurance claims incurred prior to the Class Period; (3) HyreCar had incurred significant expenses transitioning to its new third-party insurance claims administrator and processing claims incurred from prior periods; (4) HyreCar had failed to appropriately price risk in its insurance products and was experiencing elevated claims incidence as a result; (5) HyreCar had been forced to dramatically reform its claims underwriting, policies, and procedures in response to unacceptably high claims severity and customer complaints; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Lead Plaintiff Deadline: October 26, 2021.お知らせ • Aug 28Robbins Geller Rudman & Dowd LLP Files Class Action Suit against HyreCar IncRobbins Geller Rudman & Dowd LLP announced that it filed a class action lawsuit charging HyreCar Inc. and certain of its executives with violations of the Securities Exchange Act of 1934 and seeking to represent purchasers of HyreCar securities between May 14, 2021 and August 10, 2021, inclusive (the "Class Period"). The HyreCar class action lawsuit was commenced on August 27, 2021 in the Central District of California.Breakeven Date Change • Aug 12Forecast breakeven pushed back to 2023The 5 analysts covering HyreCar previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 9.4% per year to 2022. The company is expected to make a profit of US$455.6k in 2023. Average annual earnings growth of 90% is required to achieve expected profit on schedule.Reported Earnings • Aug 11Second quarter 2021 earnings released: US$0.46 loss per share (vs US$0.22 loss in 2Q 2020)The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$9.06m (up 62% from 2Q 2020). Net loss: US$9.34m (loss widened 142% from 2Q 2020).Executive Departure • Jul 13Chief Financial Officer Robert Brogi has left the companyDuring their tenure, earnings grew by 28% annually compared to the industry average, which went down by 29%. On the 5th of July, Robert Brogi left the company after 2.8 in the role. As of March 2021, Robert still personally held 162.37k shares (€192k worth at the time). Robert is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.42 years.Recent Insider Transactions • Jun 05Insider recently sold €256k worth of stockOn the 3rd of June, Grace Wang sold around 18k shares on-market at roughly €14.52 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.0m. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months.Recent Insider Transactions • May 21Independent Director recently sold €116k worth of stockOn the 18th of May, Michael Root sold around 10k shares on-market at roughly €11.63 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €106k more than they bought in the last 12 months.Reported Earnings • May 15First quarter 2021 earnings released: US$0.38 loss per share (vs US$0.25 loss in 1Q 2020)The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: US$7.45m (up 29% from 1Q 2020). Net loss: US$7.21m (loss widened 78% from 1Q 2020).Reported Earnings • Apr 01Full year 2020 earnings released: US$0.87 loss per share (vs US$0.90 loss in FY 2019)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: US$25.2m (up 59% from FY 2019). Net loss: US$15.2m (loss widened 22% from FY 2019).お知らせ • Feb 25HyreCar Inc. Announces Executive Leadership AppointmentsHyreCar Inc. announced leadership appointments for newly created executive roles to leverage significant growth opportunities. Brian Allan (58)will assume the role of President, HyreCar Inc. after serving as the company’s Senior Vice-President of Strategic Partnerships. Mr. Allan has led HyreCar’s dealer and strategic partnership initiatives increasing institutional vehicle supply and incremental revenue opportunities since 2018. Mr. Allan joined HyreCar after a 30-year career as Group General Manager at Galpin Motors. Mr. Allan also served on several OEM dealer councils and advisory boards for automotive and technology firms. Ken Grimes (38) will assume the role of Chief Technology Officer after serving as Vice-President, Technology. Mr. Grimes led the technology team after succeeding HyreCar co-founder Abhi Arora in early 2019. Mr. Grimes is a veteran systems engineer and entrepreneur with over 18 years of management, research, and development expertise. His experience includes specialized modernizing legacy tech stacks with hyper-scale technologies including distributed systems, blockchain, and IoT. Megan Behrens (27) will assume the role of Senior Vice-President of Product & Operations after serving in critical roles since HyreCar’s inception in 2016. Ms. Behrens’s most recent position was Vice-President of Product where she held direct responsibility for customer retention, satisfaction, and lifetime value objectives. She also holds a degree in accounting from Cal State Fullerton. The executive appointments are effective March 1, 2021.お知らせ • Feb 05HyreCar Inc. has completed a Follow-on Equity Offering in the amount of $25.85 million.HyreCar Inc. has completed a Follow-on Equity Offering in the amount of $25.85 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 2,200,000 Price\Range: $11.75 Discount Per Security: $0.705Is New 90 Day High Low • Jan 30New 90-day high: €7.60The company is up 157% from its price of €2.96 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 32% over the same period.お知らせ • Jan 29HyrecCar Partners with AmeriDrive Holdings to Create National Network of Vehicle Supply and Fleet Maintenance OperationsHyreCar Inc. announced new and expanded strategic partnerships to significantly increase car supply on the HyreCar platform in key markets. The formal partnerships include AmeriDrive Holdings and Cogent Bank’s Specialty Lending Unit. The infrastructure and capital provided by these partnerships will be leveraged to enable HyreCar to enter the next level of growth and scalability. These companies and their partners represent some of the nation’s most successful organizations that serve the mobility and transportation as a service industry.Is New 90 Day High Low • Jan 09New 90-day high: €6.65The company is up 109% from its price of €3.18 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 24% over the same period.Is New 90 Day High Low • Dec 08New 90-day high: €6.40The company is up 121% from its price of €2.90 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.Reported Earnings • Nov 13Third quarter 2020 earnings released: US$0.10 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: US$6.81m (up 84% from 3Q 2019). Net loss: US$1.84m (loss narrowed 49% from 3Q 2019).Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectationsRevenue exceeded analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 55% compared to a 8.5% decline forecast for the Transportation industry in Germany.Is New 90 Day High Low • Nov 10New 90-day high: €3.70The company is up 18% from its price of €3.14 on 11 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.お知らせ • Nov 05HyreCar Inc. to Report Q3, 2020 Results on Nov 11, 2020HyreCar Inc. announced that they will report Q3, 2020 results on Nov 11, 2020Is New 90 Day High Low • Oct 12New 90-day high: €3.32The company is up 36% from its price of €2.44 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.お知らせ • Aug 08HyreCar Inc. to Report Q2, 2020 Results on Aug 13, 2020HyreCar Inc. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 13, 2020株主還元8HYDE TransportationDE 市場7D0%-0.5%-0.9%1Y-100.0%10.3%1.9%株主還元を見る業界別リターン: 8HY過去 1 年間で10.3 % の収益を上げたGerman Transportation業界を下回りました。リターン対市場: 8HYは、過去 1 年間で1.9 % のリターンを上げたGerman市場を下回りました。価格変動Is 8HY's price volatile compared to industry and market?8HY volatility8HY Average Weekly Movement10,188.6%Transportation Industry Average Movement4.4%Market Average Movement5.8%10% most volatile stocks in DE Market13.4%10% least volatile stocks in DE Market2.8%安定した株価: 8HYの株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 8HYの 週次ボラティリティ は、過去 1 年間で5014%から10189%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト201476n/awww.hyrecar.comもっと見るHyreCar Inc. 基礎のまとめHyreCar の収益と売上を時価総額と比較するとどうか。8HY 基礎統計学時価総額€286.89k収益（TTM）-€17.09m売上高(TTM)€37.13m0.0xP/Sレシオ0.0xPER（株価収益率8HY は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計8HY 損益計算書（TTM）収益US$39.89m売上原価US$26.11m売上総利益US$13.78mその他の費用US$32.14m収益-US$18.36m直近の収益報告Sep 30, 2022次回決算日該当なし一株当たり利益（EPS）-0.57グロス・マージン34.55%純利益率-46.02%有利子負債／自己資本比率23.5%8HY の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/06/10 12:27終値2023/06/07 00:00収益2022/09/30年間収益2021/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋HyreCar Inc. これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Thomas WhiteD.A. Davidson & Co.Jon HickmanLadenburg Thalmann & CompanyMark ArgentoLake Street Capital Markets, LLC3 その他のアナリストを表示
お知らせ • Feb 04HyreCar Inc.(NasdaqCM:HYRE) dropped from NASDAQ Composite IndexHyreCar Inc. has been removed from NASDAQ Composite Index .
お知らせ • Jan 28+ 1 more updateHyreCar Inc. Terminates Michael Furnari as Chief Business Development OfficerOn January 19, 2023, the Board of Directors (the ‘Board’) of HyreCar Inc. (the ‘Company’) terminated the employment of Michael Furnari, effective January 20, 2023. The Company had placed Michael Furnari, the then Chief Business Development Officer of the Company, on an unpaid leave of absence beginning December 8, 2022.
お知らせ • Jan 18HyreCar Inc. Appoints Eduardo Iniguez as Chief Financial OfficerOn January 11, 2023, the Board of Directors of HyreCar Inc. appointed Eduardo Iniguez to serve as the Company’s Chief Financial Officer. Mr. Iniguez had been serving as the Company’s Interim Chief Financial Officer since September 30, 2022 and will continue to serve as the Company’s Interim Chief Executive Officer in addition to his role as Chief Financial Officer.
お知らせ • Dec 17HyreCarInc.'s Securities to Be Delisted from the Nasdaq Capital MarketOn December 13, 2022, HyreCar Inc. (the “Company”) received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the Company’s non-compliance with the $35 million market value of listed securities requirement set forth in Nasdaq Listing Rule 5550(b)(2) as of December 12, 2022, the Company’s securities will be suspended from trading on and delisted from The Nasdaq Capital Market at the opening of business on December 22, 2022 unless the Company requests a hearing before a Nasdaq Hearings Panel (the “Panel”) to appeal Nasdaq’s delisting determination by 4:00 p.m. Eastern Time on December 20, 2022. The Company plans to timely request a hearing before the Panel, which request will stay any further suspension or delisting action by Nasdaq at least pending completion of the hearing process and the expiration of any extension period that may be granted by the Panel following the hearing. In accordance with the Nasdaq Listing Rules, the Panel has the discretion to grant the Company an extension through June 12, 2023. Notwithstanding, there can be no assurance that the Panel will determine to continue the Company’s listing or that the Company will timely evidence compliance with the terms of any extension that may be granted by the Panel following the hearing. As previously disclosed, on June 14, 2022, Nasdaq notified the Company that, based upon the Company’s non-compliance with the $35 million market value of listed securities requirement over the previous 30-consecutive business days, and in accordance with the Nasdaq Listing Rules, the Staff granted the Company a 180-calendar day period to regain compliance. The Company did not regain compliance by December 12, 2022, which resulted in the Staff’s issuance of the delisting determination.
お知らせ • Dec 13HyreCar Inc. Appoints Eduardo Iniguez as Interim CEOHyreCar Inc. announced that on December 9, 2022, it has announced the appointment of Eduardo Iniguez as Interim CEO of HyreCar. Iniguez is laser-focused on managing the joint venture as it continues to acquire and deploy cars through the line. At the same time, he will continue to optimize operating expenses to accelerate the company’s path towards cash flow breakeven. Prior to HyreCar, Iniguez was the VP of Corporate Finance at AllClear, a global aerospace and defense manufacturing, distribution, and logistics company. There, he served as CFO of one of the company’s joint ventures and had direct responsibility for 11 P&Ls with the GMs of five business units, including the largest privately-held aerospace distribution company in the world, indirectly reporting to him. He led multiple successful mergers and acquisitions, partnering with some of the most respected private equity firms to scale businesses and increase enterprise value. In the past seven months at HyreCar, he has led the restructuring of headcount to build lean, high-performing teams and aggressively managed spend to balance growth and margin expansion, resulting in annualized savings of over $2.8 million.
Reported Earnings • Nov 16Third quarter 2022 earnings released: US$0.23 loss per share (vs US$0.29 loss in 3Q 2021)Third quarter 2022 results: US$0.23 loss per share (improved from US$0.29 loss in 3Q 2021). Revenue: US$10.3m (up 6.4% from 3Q 2021). Net loss: US$5.39m (loss narrowed 12% from 3Q 2021). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 04HyreCar Inc.(NasdaqCM:HYRE) dropped from NASDAQ Composite IndexHyreCar Inc. has been removed from NASDAQ Composite Index .
お知らせ • Jan 28+ 1 more updateHyreCar Inc. Terminates Michael Furnari as Chief Business Development OfficerOn January 19, 2023, the Board of Directors (the ‘Board’) of HyreCar Inc. (the ‘Company’) terminated the employment of Michael Furnari, effective January 20, 2023. The Company had placed Michael Furnari, the then Chief Business Development Officer of the Company, on an unpaid leave of absence beginning December 8, 2022.
お知らせ • Jan 18HyreCar Inc. Appoints Eduardo Iniguez as Chief Financial OfficerOn January 11, 2023, the Board of Directors of HyreCar Inc. appointed Eduardo Iniguez to serve as the Company’s Chief Financial Officer. Mr. Iniguez had been serving as the Company’s Interim Chief Financial Officer since September 30, 2022 and will continue to serve as the Company’s Interim Chief Executive Officer in addition to his role as Chief Financial Officer.
お知らせ • Dec 17HyreCarInc.'s Securities to Be Delisted from the Nasdaq Capital MarketOn December 13, 2022, HyreCar Inc. (the “Company”) received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the Company’s non-compliance with the $35 million market value of listed securities requirement set forth in Nasdaq Listing Rule 5550(b)(2) as of December 12, 2022, the Company’s securities will be suspended from trading on and delisted from The Nasdaq Capital Market at the opening of business on December 22, 2022 unless the Company requests a hearing before a Nasdaq Hearings Panel (the “Panel”) to appeal Nasdaq’s delisting determination by 4:00 p.m. Eastern Time on December 20, 2022. The Company plans to timely request a hearing before the Panel, which request will stay any further suspension or delisting action by Nasdaq at least pending completion of the hearing process and the expiration of any extension period that may be granted by the Panel following the hearing. In accordance with the Nasdaq Listing Rules, the Panel has the discretion to grant the Company an extension through June 12, 2023. Notwithstanding, there can be no assurance that the Panel will determine to continue the Company’s listing or that the Company will timely evidence compliance with the terms of any extension that may be granted by the Panel following the hearing. As previously disclosed, on June 14, 2022, Nasdaq notified the Company that, based upon the Company’s non-compliance with the $35 million market value of listed securities requirement over the previous 30-consecutive business days, and in accordance with the Nasdaq Listing Rules, the Staff granted the Company a 180-calendar day period to regain compliance. The Company did not regain compliance by December 12, 2022, which resulted in the Staff’s issuance of the delisting determination.
お知らせ • Dec 13HyreCar Inc. Appoints Eduardo Iniguez as Interim CEOHyreCar Inc. announced that on December 9, 2022, it has announced the appointment of Eduardo Iniguez as Interim CEO of HyreCar. Iniguez is laser-focused on managing the joint venture as it continues to acquire and deploy cars through the line. At the same time, he will continue to optimize operating expenses to accelerate the company’s path towards cash flow breakeven. Prior to HyreCar, Iniguez was the VP of Corporate Finance at AllClear, a global aerospace and defense manufacturing, distribution, and logistics company. There, he served as CFO of one of the company’s joint ventures and had direct responsibility for 11 P&Ls with the GMs of five business units, including the largest privately-held aerospace distribution company in the world, indirectly reporting to him. He led multiple successful mergers and acquisitions, partnering with some of the most respected private equity firms to scale businesses and increase enterprise value. In the past seven months at HyreCar, he has led the restructuring of headcount to build lean, high-performing teams and aggressively managed spend to balance growth and margin expansion, resulting in annualized savings of over $2.8 million.
Reported Earnings • Nov 16Third quarter 2022 earnings released: US$0.23 loss per share (vs US$0.29 loss in 3Q 2021)Third quarter 2022 results: US$0.23 loss per share (improved from US$0.29 loss in 3Q 2021). Revenue: US$10.3m (up 6.4% from 3Q 2021). Net loss: US$5.39m (loss narrowed 12% from 3Q 2021). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Michael Root was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Nov 11HyreCar Inc. Receives a Letter from Nasdaq Regarding Minimum Bid PriceOn November 4, 2022, HyreCar Inc. ("the Company") received a letter ("the Notice") from the listing qualifications staff ("the Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, it is not in compliance with the minimum bid price requirement set in Nasdaq Listing Rule 5550(a)(2) for continued listing. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has no immediate effect on the listing of the Company's common stock, par value $0.00001 per share ("the Common Stock"), which continues to trade on the Nasdaq Capital Market under the symbol HYRE. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until May 3, 2023, to regain compliance. If at any time before May 3, 2023, the closing bid price of the Company’s Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, subject to Nasdaq’s discretion to extend this period pursuant to Nasdaq Listing Rule 5810(c)(3)(H), Nasdaq will provide written notification that the Company has achieved compliance with the minimum bid price requirement, and the matter would be resolved. If the Company does not regain compliance during the compliance period ending May 3, 2023, then Nasdaq may grant the Company a second 180 calendar day period to regain compliance, provided the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. The Company will continue to monitor the closing bid price of its Common Stock and seek to regain compliance with all applicable Nasdaq requirements within the allotted compliance periods. If the Company does not regain compliance within the allotted compliance periods, including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel. There can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second period of 180 days to regain compliance or maintain compliance with the other Nasdaq listing requirements.
お知らせ • Nov 08HyreCar Inc. to Report Q3, 2022 Results on Nov 14, 2022HyreCar Inc. announced that they will report Q3, 2022 results After-Market on Nov 14, 2022
お知らせ • Sep 21HyreCar Inc. announced that it has received $4.999999 million in fundingOn September 19, 2022, HyreCar Inc. closed the transaction. The transaction included participation from 4 investors.
お知らせ • Sep 20+ 1 more updateHyrecar Appoints Eduardo Iniguez as Interim CFOHyreCar Inc. announced that it has appointed Eduardo Iniguez as interim Chief Financial Officer. Serge De Bock will leave the company to assume a senior leadership position at another company. He will remain in his current CFO role at HyreCar through September 30, 2022. Eduardo Iniguez, HyreCar’s Head of Finance, will assume the role of Interim CFO to lead the Finance, Accounting and Compliance functions. Previously, Iniguez was the VP of Corporate Finance at AllClear Aerospace & Defense, the largest privately held aerospace distribution company in the world. In that role, Iniguez served as the Chief Financial Officer for one of the company’s joint ventures while overseeing the company’s Finance and Accounting functions. He brings more than 14 years of experience in operational finance, treasury, budgeting, net working capital management, and public accounting. Through years of managing complex M&A deals and direct responsibility for 11 P&Ls, he brings a disciplined approach to financial analysis and management, including a solid track record of managing cash burn and improving EBITDA performance. Iniguez received his Master of Business Administration and Bachelor of Science from the University of Southern California.
Reported Earnings • Aug 17Second quarter 2022 earnings released: US$0.20 loss per share (vs US$0.46 loss in 2Q 2021)Second quarter 2022 results: US$0.20 loss per share (up from US$0.46 loss in 2Q 2021). Revenue: US$10.5m (up 16% from 2Q 2021). Net loss: US$4.38m (loss narrowed 53% from 2Q 2021). Over the next year, revenue is forecast to grow 32%, compared to a 7.4% growth forecast for the Transportation industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 09HyreCar Inc. to Report Q2, 2022 Results on Aug 15, 2022HyreCar Inc. announced that they will report Q2, 2022 results After-Market on Aug 15, 2022
お知らせ • Aug 03HyreCar Receives Non-Compliance Letter from NasdaqOn July 27, 2022, HyreCar Inc. (the Company") received a letter (the Notice") from the listing qualifications staff (the Staff") of The Nasdaq Stock Market LLC (Nasdaq") notifying the Company that, it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has noimmediate effect on the listing of the Company's common stock, par value $0.00001 per share (the Common Stock"), which continues to trade on the Nasdaq Capital Market under the symbol HYRE." In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until January 23, 2023, to regain compliance. If at any time before January 23, 2023, the closing bid price of the Company's Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, subject to Nasdaq's discretion to extend this period pursuant to Nasdaq Listing Rule 5810(c)(3)(H), Nasdaq will provide written notification that the Company has achieved compliance with the minimum bid price requirement, and the matter would be resolved. If the Company does not regain compliance during the compliance period ending January 23, 2023, then Nasdaq may grant the Company a second 180 calendar day period to regain compliance, provided the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. The Company will continue to monitor the closing bid price of its Common Stock and seek to regain compliance with all applicable Nasdaq requirements within the allotted compliance periods. If the Company does not regain compliance within the allotted compliance periods, including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel. There can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second period of 180 days to regain compliance or maintain compliance with the other Nasdaq listing requirements.
Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Michael Root was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Jul 13HyreCar Inc. Revises Revenue Guidance for the Second Quarter of 2022HyreCar Inc. revised revenue guidance for the second quarter of 2022. The company issued revised guidance of expected net revenue between $10.4 million and $10.6 million, narrowing previous guidance of expected net revenue between $10.2 million and $10.7 million, based on the company’s strong performance in the second quarter.
Board Change • Jul 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Michael Root was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Jun 22HyreCar Inc. Receives Notice of Delisting or Failure to Satisfy Continued Listing Rule or Standard from NasdaqOn June 14, 2022, HyreCar Inc. received a letter from the listing qualifications department staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the Company’s minimum Market Value of Listed Securities (“MVLS”) was below the minimum of $35 million required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq listing rule 5550(b)(2). The Staff also noted the Company does not meet the alternative standards under Nasdaq listing rule 5550(b)(1) or 5550(b)(3) for continued listing on the Nasdaq Capital Market. The Notice has no immediate effect on the listing of the Company’s common stock, par value $0.00001 per share (the “Common Stock”), which continues to trade on the Nasdaq Capital Market under the symbol “HYRE.” In accordance with Nasdaq listing rule 5810(c)(3)(C), the Company has 180 calendar days, or until December 12, 2022, to regain compliance. The Notice states that to regain compliance, the Company’s MVLS must close at $35 million or more for a minimum of ten consecutive business days (or such longer period of time as the Nasdaq staff may require in some circumstances, but generally not more than 20 consecutive business days) during the compliance period ending December 12, 2022. If the Company does not regain compliance by December 12, 2022, the Staff will provide written notice to the Company that the Common Stock is subject to delisting. At that time, the Company may appeal any such delisting determination to a hearings panel.
お知らせ • May 26Hyrecar Inc. Announces Executive ChangesHyreCar Inc. announced the appointment of Greg Tatem as Chief Technology Officer and the transition of Ken Grimes to an executive advisory role, effective May 23, 2022. With over 25 years of experience leading strong development teams, Tatem brings a deep technical background and experience in e-commerce, user segmentation and front-end technology to HyreCar. He previously held leadership, technology and engineering roles at Wine.com and Williams Sonoma. Tatem’s expertise in leading teams and building customer-centric software will be invaluable in his new role as CTO.
Reported Earnings • May 17First quarter 2022 earnings released: US$0.24 loss per share (vs US$0.38 loss in 1Q 2021)First quarter 2022 results: US$0.24 loss per share (up from US$0.38 loss in 1Q 2021). Revenue: US$9.55m (up 28% from 1Q 2021). Net loss: US$5.33m (loss narrowed 26% from 1Q 2021). Over the next year, revenue is forecast to grow 34%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.
お知らせ • May 12HyreCar Inc. to Report Q1, 2022 Results on May 16, 2022HyreCar Inc. announced that they will report Q1, 2022 results After-Market on May 16, 2022
お知らせ • May 03HyreCar Inc., Annual General Meeting, Jun 23, 2022HyreCar Inc., Annual General Meeting, Jun 23, 2022, at 10:00 Pacific Standard Time. Agenda: To elect one (1) Class I member to its Board of Directors; to ratify the appointment of dbbmckennon as its independent registered public accounting firm for the fiscal year ending December 31, 2022; and to transact such other matters as may properly come before the Annual Meeting and any adjournment or postponement thereof.
Breakeven Date Change • Apr 27No longer forecast to breakevenThe 5 analysts covering HyreCar no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$3.20m in 2023. New consensus forecast suggests the company will make a loss of US$11.9m in 2023.
Breakeven Date Change • Mar 17No longer forecast to breakevenThe 4 analysts covering HyreCar no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$3.20m in 2023. New consensus forecast suggests the company will make a loss of US$11.4m in 2023.
お知らせ • Feb 03HyreCar Inc. Announces Executive ChangesHyreCar Inc. announced that A.J. Lee has been appointed Senior Vice President, Growth, and Megan Behrens, Senior Vice President, Product & Operations, has expanded the scope of her responsibilities. These appointments replace Henry Park’s role as COO, who resigned from HyreCar as of January 31, 2022.
Reported Earnings • Nov 10Third quarter 2021 earnings released: US$0.29 loss per share (vs US$0.10 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$9.65m (up 42% from 3Q 2020). Net loss: US$6.15m (loss widened 234% from 3Q 2020).
お知らせ • Oct 01HYRE Investors Have Opportunity to Lead HyreCar Inc. Securities Fraud LawsuitHoward G. Smith announced that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against HyreCar Inc. Class Period: May 14, 2021 and August 10, 2021 The complaint filed in this class action alleges that throughout the Class Period, Defendants failed to disclose to investors that: (1) HyreCar had materially understated its insurance reserves; (2) HyreCar had systematically failed to pay valid insurance claims incurred prior to the Class Period; (3) HyreCar had incurred significant expenses transitioning to its new third-party insurance claims administrator and processing claims incurred from prior periods; (4) HyreCar had failed to appropriately price risk in its insurance products and was experiencing elevated claims incidence as a result; (5) HyreCar had been forced to dramatically reform its claims underwriting, policies, and procedures in response to unacceptably high claims severity and customer complaints; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Lead Plaintiff Deadline: October 26, 2021.
お知らせ • Aug 28Robbins Geller Rudman & Dowd LLP Files Class Action Suit against HyreCar IncRobbins Geller Rudman & Dowd LLP announced that it filed a class action lawsuit charging HyreCar Inc. and certain of its executives with violations of the Securities Exchange Act of 1934 and seeking to represent purchasers of HyreCar securities between May 14, 2021 and August 10, 2021, inclusive (the "Class Period"). The HyreCar class action lawsuit was commenced on August 27, 2021 in the Central District of California.
Breakeven Date Change • Aug 12Forecast breakeven pushed back to 2023The 5 analysts covering HyreCar previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 9.4% per year to 2022. The company is expected to make a profit of US$455.6k in 2023. Average annual earnings growth of 90% is required to achieve expected profit on schedule.
Reported Earnings • Aug 11Second quarter 2021 earnings released: US$0.46 loss per share (vs US$0.22 loss in 2Q 2020)The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$9.06m (up 62% from 2Q 2020). Net loss: US$9.34m (loss widened 142% from 2Q 2020).
Executive Departure • Jul 13Chief Financial Officer Robert Brogi has left the companyDuring their tenure, earnings grew by 28% annually compared to the industry average, which went down by 29%. On the 5th of July, Robert Brogi left the company after 2.8 in the role. As of March 2021, Robert still personally held 162.37k shares (€192k worth at the time). Robert is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.42 years.
Recent Insider Transactions • Jun 05Insider recently sold €256k worth of stockOn the 3rd of June, Grace Wang sold around 18k shares on-market at roughly €14.52 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.0m. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months.
Recent Insider Transactions • May 21Independent Director recently sold €116k worth of stockOn the 18th of May, Michael Root sold around 10k shares on-market at roughly €11.63 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €106k more than they bought in the last 12 months.
Reported Earnings • May 15First quarter 2021 earnings released: US$0.38 loss per share (vs US$0.25 loss in 1Q 2020)The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: US$7.45m (up 29% from 1Q 2020). Net loss: US$7.21m (loss widened 78% from 1Q 2020).
Reported Earnings • Apr 01Full year 2020 earnings released: US$0.87 loss per share (vs US$0.90 loss in FY 2019)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: US$25.2m (up 59% from FY 2019). Net loss: US$15.2m (loss widened 22% from FY 2019).
お知らせ • Feb 25HyreCar Inc. Announces Executive Leadership AppointmentsHyreCar Inc. announced leadership appointments for newly created executive roles to leverage significant growth opportunities. Brian Allan (58)will assume the role of President, HyreCar Inc. after serving as the company’s Senior Vice-President of Strategic Partnerships. Mr. Allan has led HyreCar’s dealer and strategic partnership initiatives increasing institutional vehicle supply and incremental revenue opportunities since 2018. Mr. Allan joined HyreCar after a 30-year career as Group General Manager at Galpin Motors. Mr. Allan also served on several OEM dealer councils and advisory boards for automotive and technology firms. Ken Grimes (38) will assume the role of Chief Technology Officer after serving as Vice-President, Technology. Mr. Grimes led the technology team after succeeding HyreCar co-founder Abhi Arora in early 2019. Mr. Grimes is a veteran systems engineer and entrepreneur with over 18 years of management, research, and development expertise. His experience includes specialized modernizing legacy tech stacks with hyper-scale technologies including distributed systems, blockchain, and IoT. Megan Behrens (27) will assume the role of Senior Vice-President of Product & Operations after serving in critical roles since HyreCar’s inception in 2016. Ms. Behrens’s most recent position was Vice-President of Product where she held direct responsibility for customer retention, satisfaction, and lifetime value objectives. She also holds a degree in accounting from Cal State Fullerton. The executive appointments are effective March 1, 2021.
お知らせ • Feb 05HyreCar Inc. has completed a Follow-on Equity Offering in the amount of $25.85 million.HyreCar Inc. has completed a Follow-on Equity Offering in the amount of $25.85 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 2,200,000 Price\Range: $11.75 Discount Per Security: $0.705
Is New 90 Day High Low • Jan 30New 90-day high: €7.60The company is up 157% from its price of €2.96 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 32% over the same period.
お知らせ • Jan 29HyrecCar Partners with AmeriDrive Holdings to Create National Network of Vehicle Supply and Fleet Maintenance OperationsHyreCar Inc. announced new and expanded strategic partnerships to significantly increase car supply on the HyreCar platform in key markets. The formal partnerships include AmeriDrive Holdings and Cogent Bank’s Specialty Lending Unit. The infrastructure and capital provided by these partnerships will be leveraged to enable HyreCar to enter the next level of growth and scalability. These companies and their partners represent some of the nation’s most successful organizations that serve the mobility and transportation as a service industry.
Is New 90 Day High Low • Jan 09New 90-day high: €6.65The company is up 109% from its price of €3.18 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 24% over the same period.
Is New 90 Day High Low • Dec 08New 90-day high: €6.40The company is up 121% from its price of €2.90 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
Reported Earnings • Nov 13Third quarter 2020 earnings released: US$0.10 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: US$6.81m (up 84% from 3Q 2019). Net loss: US$1.84m (loss narrowed 49% from 3Q 2019).
Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectationsRevenue exceeded analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 55% compared to a 8.5% decline forecast for the Transportation industry in Germany.
Is New 90 Day High Low • Nov 10New 90-day high: €3.70The company is up 18% from its price of €3.14 on 11 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
お知らせ • Nov 05HyreCar Inc. to Report Q3, 2020 Results on Nov 11, 2020HyreCar Inc. announced that they will report Q3, 2020 results on Nov 11, 2020
Is New 90 Day High Low • Oct 12New 90-day high: €3.32The company is up 36% from its price of €2.44 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
お知らせ • Aug 08HyreCar Inc. to Report Q2, 2020 Results on Aug 13, 2020HyreCar Inc. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 13, 2020
