HyreCar (HYRE) Reports FY 21 Revenue of $35.72M, EPS of ($1.26)

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HyreCar Announces Full-Year 2021 Results

March 15, 2022 4:05 PM EDT

Full-Year Revenues Increased 41% to $35.7 Million

2021 Rental Days Increased 27% to 1,286,000

LOS ANGELES--(BUSINESS WIRE)-- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate update for the year ended December 31, 2021.

Full-Year 2021 Financial Highlights

Revenue was $35.7 million, compared to $25.2 million in 2020, an increase of 41%. Net Loss of ($26.0) million and earnings per share of ($1.26), compared to ($15.2) million and ($0.87) in 2020. Adjusted EBITDA of ($19.3) million and Adjusted EBITDA per share of ($0.93), compared to ($11.0)... More