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HyreCar (HyreCar) Profitability Rank : 0 (As of Sep. 2022)


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What is HyreCar Profitability Rank?

HyreCar has the Profitability Rank of 0.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

HyreCar's Operating Margin % for the quarter that ended in Sep. 2022 was -52.56%. As of today, HyreCar's Piotroski F-Score is 0.


Competitive Comparison of HyreCar's Profitability Rank

For the Rental & Leasing Services subindustry, HyreCar's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HyreCar's Profitability Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HyreCar's Profitability Rank distribution charts can be found below:

* The bar in red indicates where HyreCar's Profitability Rank falls into.



HyreCar Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

HyreCar has the Profitability Rank of 0.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

HyreCar's Operating Margin % for the quarter that ended in Sep. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=-5.399 / 10.272
=-52.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

HyreCar has an F-score of 0. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


HyreCar Profitability Rank Related Terms

Thank you for viewing the detailed overview of HyreCar's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


HyreCar (HyreCar) Business Description

Traded in Other Exchanges
N/A
Address
915 Wilshire Boulevard, Suite 1950, Los Angeles, CA, USA, 90017
HyreCar Inc is a peer-to-peer car-sharing marketplace that allows car owners to rent their idle cars to ride-sharing service drivers. The company generates its revenue in the form of transaction fees, insurance fee, and from other sources such as referrals, motor vehicle record fees, late rental fees, and other fees charged to drivers in specific situations. It operates in a single segment, which is Rental.
Executives
Vazquez Eduardo Iniguez officer: Interim CFO C/O HYRECAR INC. 915 WILSHIRE BLVD., SUITE 1950, LOS ANGELES CA 90017
Brian Allan officer: President 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Bock Serge De officer: Chief Financial Officer 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Arctis Global Llc 10 percent owner AM TOWERS, 207 CALLE DEL PARQUE, 7TH FLOOR, SAN JUAN PR 00912-3242
Greg Tatem officer: Chief Technology Officer 915 WILSHIRE BLVD., SUITE 1950, LOS ANGELES CA 90017
Jayaprakash Vijayan director 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Joseph Furnari director, officer: CEO and CFO C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Michael Furnari officer: CBD Officer C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Grace Wang director 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Robert Scott Brogi officer: Chief Financial Officer C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Henry Park officer: Chief Operating Officer C/O HYRECAR INC., 355 SOUTH GRAND STREET, SUITE 1650, LOS ANGELES CA 90071
Michael Root director C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Ken Grimes officer: Chief Technology Officer 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Anshu Bansal director, 10 percent owner C/O HYRECAR INC., 355 SOUTH GRAND AVENUE, SUITE 1650, LOS ANGELES CA 90071
Brooke Skinner-ricketts director C/O HYRECAR, INC., 355 SOUTH GRAND AVE, SUITE 1650, LOS ANGELES CA 90071

HyreCar (HyreCar) Headlines

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