HyreCar Inc. (HYRE) Financials

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HYRE Income statement / Annual

Last year (2021), HyreCar Inc.'s total revenue was $35.72 M, an increase of 41.55% from the previous year. In 2021, HyreCar Inc.'s net income was -$25.95 M. See HyreCar Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016
Period Ended 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Operating Revenue $35.72 M $25.23 M $15.85 M $9.78 M $3.22 M $515,437.00
Cost of Revenue $25.94 M $16.96 M $9.84 M $5.13 M $2.91 M $427,936.00
Gross Profit $9.77 M $8.27 M $6.01 M $4.65 M $311,326.00 $87,501.00
Gross Profit Ratio 0.27 0.33 0.38 0.48 0.1 0.17
Research and Development Expenses $5.79 M $3.05 M $2.50 M $1.41 M $687,039.00 $117,059.00
General & Administrative Expenses $21.94 M $12.33 M $8.56 M $7.60 M $1.82 M $438,055.00
Selling & Marketing Expenses $10.01 M $8.14 M $7.64 M $4.79 M $1.87 M $370,947.00
Selling, General & Administrative Expenses $31.96 M $20.47 M $16.21 M $12.39 M $3.69 M $809,002.00
Other Expenses $2.01 M $56,887.00 $174,481.00 $0.00 $0.00 $0.00
Operating Expenses $37.75 M $23.52 M $18.70 M $13.80 M $4.38 M $926,061.00
Cost And Expenses $63.69 M $40.48 M $28.54 M $18.94 M $7.29 M $1.35 M
Interest Income $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $0.00 $24,299.00 $2,500.00 $2.04 M $202,454.00 $31,153.00
Depreciation & Amortization $77,034.00 $133,721.00 $244,881.00 $900.00 -$1,528.00 $3,837.00
EBITDA -$27.90 M -$15.12 M -$12.44 M -$9.20 M -$4.07 M -$834,723.00
EBITDA Ratio -0.78 -0.6 -0.78 -0.94 -1.26 -1.62
Operating Income Ratio -0.78 -0.6 -0.8 -0.94 -1.26 -1.63
Total Other Income/Expenses Net $2.02 M $32,588.00 $171,981.00 -$2.08 M -$203,982.00 -$27,316.00
Income Before Tax -$25.95 M -$15.22 M -$12.52 M -$11.24 M -$4.27 M -$865,876.00
Income Before Tax Ratio -0.73 -0.6 -0.79 -1.15 -1.32 -1.68
Income Tax Expense $526.00 $800.00 $800.00 $800.00 $800.00 $800.00
Net Income -$25.95 M -$15.22 M -$12.52 M -$11.24 M -$4.27 M -$866,676.00
Net Income Ratio -0.73 -0.6 -0.79 -1.15 -1.33 -1.68
EPS -1.26 -0.87 -0.9 -1.31 -0.41 -0.0828
EPS Diluted -1.26 -0.87 -0.9 -1.31 -0.41 -0.0828
Weighted Average Shares Out $20.64 M $17.56 M $13.96 M $8.56 M $10.47 M $10.47 M
Weighted Average Shares Out Diluted $20.64 M $17.56 M $13.96 M $8.56 M $10.47 M $10.47 M
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