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HyreCar OTCPK:HYRE.Q Stock Report

Last Price

US$0.0002

Market Cap

US$6.3k

7D

0%

1Y

-100.0%

Updated

05 Oct, 2023

Data

Company Financials

My Notes

Capture your thoughts, links and company narrative

HyreCar Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for HyreCar
Historical stock prices
Current Share PriceUS$0.0002
52 Week HighUS$0.95
52 Week LowUS$0.0001
Beta1.85
1 Month Change100.00%
3 Month Change-97.14%
1 Year Change-99.98%
3 Year Change-99.99%
5 Year Change-99.99%
Change since IPO-100.00%

Recent News & Updates

Recent updates

HyreCar - Great Potential But Not For The Faint Of Heart

Oct 05

HyreCar: Reinvigorating Growth But Caution Remains Warranted

Sep 28

HyreCar appoints Eduardo Iniguez as interim CFO

Sep 19

HyreCar surges on securing $100M credit line; sees significant fleet growth

Sep 06

HyreCar GAAP EPS of -$0.20 beats by $0.04, revenue of $10.51M beats by $0.14M

Aug 15

HyreCar stock higher after revising Q2 revenue guidance based on strong performance

Jul 12

HyreCar: There's Still Hope Here

Jun 08

HyreCar (NASDAQ:HYRE) Will Have To Spend Its Cash Wisely

May 15
HyreCar (NASDAQ:HYRE) Will Have To Spend Its Cash Wisely

HyreCar Needs To Reinvigorate Growth And Address Near-Term Capital Needs

Mar 26

Time To Worry? Analysts Just Downgraded Their HyreCar Inc. (NASDAQ:HYRE) Outlook

Mar 23
Time To Worry? Analysts Just Downgraded Their HyreCar Inc. (NASDAQ:HYRE) Outlook

HyreCar: Elevated Risks, But Worth Buying The Dip

Jan 16

HyreCar: With Some Faith, This Stock Is Still A Winner

Oct 30

Is HyreCar (NASDAQ:HYRE) Using Debt In A Risky Way?

Sep 16
Is HyreCar (NASDAQ:HYRE) Using Debt In A Risky Way?

HyreCar - Selloff On Delayed Profitability And Financing Issues At Key Strategic Partner

Aug 18

Analysts Just Slashed Their HyreCar Inc. (NASDAQ:HYRE) EPS Numbers

Aug 16
Analysts Just Slashed Their HyreCar Inc. (NASDAQ:HYRE) EPS Numbers

HyreCar: The Growth Kick Is Still Alive, But Take Care To Lock In Gains Soon

Jul 10

Is HyreCar (NASDAQ:HYRE) A Risky Investment?

May 16
Is HyreCar (NASDAQ:HYRE) A Risky Investment?

HyreCar Inc. (NASDAQ:HYRE): When Will It Breakeven?

Mar 06
HyreCar Inc. (NASDAQ:HYRE): When Will It Breakeven?

HyreCar shares slide on raising $25.85M capital through equity offering

Feb 04

Rainbows and Unicorns: HyreCar Inc. (NASDAQ:HYRE) Analysts Just Became A Lot More Optimistic

Jan 30
Rainbows and Unicorns: HyreCar Inc. (NASDAQ:HYRE) Analysts Just Became A Lot More Optimistic

Is HyreCar (NASDAQ:HYRE) A Risky Investment?

Jan 24
Is HyreCar (NASDAQ:HYRE) A Risky Investment?

What Kind Of Investors Own Most Of HyreCar Inc. (NASDAQ:HYRE)?

Dec 20
What Kind Of Investors Own Most Of HyreCar Inc. (NASDAQ:HYRE)?

HyreCar: Taking My Foot Off The Pedal

Nov 16

Shareholder Returns

HYRE.QUS TransportationUS Market
7D0%-5.0%-3.5%
1Y-100.0%-0.8%22.1%

Return vs Industry: HYRE.Q underperformed the US Transportation industry which returned 19.3% over the past year.

Return vs Market: HYRE.Q underperformed the US Market which returned 15.2% over the past year.

Price Volatility

Is HYRE.Q's price volatile compared to industry and market?
HYRE.Q volatility
HYRE.Q Average Weekly Movement42.9%
Transportation Industry Average Movement6.2%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: HYRE.Q's share price has been volatile over the past 3 months.

Volatility Over Time: HYRE.Q's weekly volatility has increased from 36% to 43% over the past year.

About the Company

FoundedEmployeesCEOWebsite
201476n/awww.hyrecar.com

HyreCar Inc. operates a car-sharing marketplace in the United States. Its marketplace allows car owners to rent their idle cars to ride-sharing service drivers. The company sourcing vehicles from individual owners, as well as commercial owners of vehicles including car dealerships and fleet owners.

HyreCar Inc. Fundamentals Summary

How do HyreCar's earnings and revenue compare to its market cap?
HYRE.Q fundamental statistics
Market capUS$6.27k
Earnings (TTM)-US$18.36m
Revenue (TTM)US$39.89m

0.0x

P/S Ratio

0.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HYRE.Q income statement (TTM)
RevenueUS$39.89m
Cost of RevenueUS$26.11m
Gross ProfitUS$13.78m
Other ExpensesUS$32.14m
Earnings-US$18.36m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.59
Gross Margin34.55%
Net Profit Margin-46.02%
Debt/Equity Ratio23.5%

How did HYRE.Q perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/05 19:55
End of Day Share Price 2023/10/05 00:00
Earnings2022/09/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HyreCar Inc. is covered by 6 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas WhiteD.A. Davidson & Co.
Jon HickmanLadenburg Thalmann & Company
Mark ArgentoLake Street Capital Markets, LLC