GETR · Getaround, Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.39M | $18.58M | $17.16M | - | $23.80M | $18.62M | $11.52M | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $3.69M | $4.29M | $4.12M | - | $4.16M | $4.29M | $4.17M | - | - | - |
| SG&A | $11.10M | $13.50M | $13.95M | - | $11.08M | $14.49M | $13.09M | - | - | - |
| Total Operating Expenses | $38.88M | $40.66M | $41.74M | - | $40.57M | $47.30M | $37.81M | - | $1.45M | $2.23M |
| D&A | $1.91M | $2.77M | $3.87M | - | $4.13M | $3.30M | $2.71M | - | - | - |
| Operating Income | ($16.49M) | ($22.07M) | ($24.58M) | - | ($19.10M) | ($28.68M) | ($26.30M) | - | ($1.51M) | ($2.29M) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $7.0K | ($12.0K) | $51.0K | - | ($244.0K) | ($208.0K) | ($171.0K) | - | $271.3K | $51.1K |
| Net Income | ($15.52M) | ($12.03M) | ($30.96M) | - | ($27.35M) | ($30.27M) | ($22.80M) | - | ($248.5K) | $9.1K |
| EPS - Basic | ($0.15) | ($0.12) | ($0.32) | - | ($0.29) | ($0.33) | ($0.25) | - | - | - |
| EPS - Diluted | ($0.15) | ($0.12) | ($0.32) | - | ($0.29) | ($0.33) | ($0.25) | - | - | - |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $30.80M | $30.86M | $24.54M | $15.62M | $22.16M | $24.66M | $40.94M | $64.29M | $40.1K | $25.2K |
| Accounts Receivable | $728.0K | $731.0K | $768.0K | $853.0K | $717.0K | $388.0K | $197.0K | $533.0K | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $6.41M | $7.40M | $10.78M | $15.55M | $12.55M | $7.50M | $3.82M | $3.65M | - | - |
| Current Assets | $39.34M | $38.30M | $32.97M | $26.61M | $34.08M | $36.94M | $51.72M | $74.51M | $166.6K | $237.0K |
| Total Assets | $153.31M | $149.72M | $163.99M | $161.14M | $167.21M | $175.49M | $182.90M | $205.42M | $260.37M | $259.23M |
| Current Liabilities | $66.87M | $75.33M | $76.34M | $99.71M | $86.01M | $75.63M | $56.33M | $56.94M | $6.57M | $5.01M |
| Long-term Debt | $75.35M | $54.50M | $34.84M | $22.03M | $18.17M | $3.81M | $4.11M | $4.40M | - | - |
| Total Liabilities | $186.77M | $183.63M | $191.20M | $158.02M | $153.72M | $151.77M | $131.44M | $135.92M | $6.81M | $5.42M |
| Stockholders' Equity | ($33.45M) | ($33.92M) | ($27.21M) | $3.12M | $13.49M | $23.72M | $51.46M | $69.50M | ($6.40M) | ($5.18M) |
| Retained Earnings | ($934.47M) | ($918.95M) | ($906.92M) | ($875.96M) | ($842.42M) | ($815.08M) | ($784.81M) | ($762.01M) | ($6.40M) | ($5.18M) |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($11.13M) | - | - | - | ($21.58M) | - | - | - |
| Investing Cash Flow | - | - | ($899.0K) | - | - | - | ($1.15M) | - | - | - |
| Financing Cash Flow | - | - | $21.18M | - | - | - | ($363.0K) | - | - | - |
| CapEx | - | - | $31.0K | - | - | - | $396.0K | - | - | - |
| Free Cash Flow | - | - | ($11.16M) | - | - | - | ($21.97M) | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -73.7% | -118.8% | -143.3% | - | -80.2% | -154.0% | -228.3% | - | - | - |
| EBITDA margin | -65.1% | -103.8% | -120.7% | - | -62.9% | -136.3% | -204.7% | - | - | - |
| Net margin | -69.3% | -64.7% | -180.5% | - | -114.9% | -162.6% | -197.9% | - | - | - |
| Free cash flow margin | - | - | -65.1% | - | - | - | -190.7% | - | - | - |
| FCF / Net income | - | - | 0.36 | - | - | - | 0.96 | - | - | - |
| R&D / Revenue | 16.5% | 23.1% | 24.0% | - | 17.5% | 23.0% | 36.2% | - | - | - |
| SG&A / Revenue | 49.6% | 72.6% | 81.3% | - | 46.6% | 77.8% | 113.6% | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | 1191.3% | 84.9% |
| Return on assets | -10.1% | -8.0% | -18.9% | - | -16.4% | -17.2% | -12.5% | - | -0.1% | 0.0% |
| Return on equity | 46.4% | 35.5% | 113.8% | - | -202.7% | -127.6% | -44.3% | - | 3.9% | -0.2% |
| Return on invested capital | -31.1% | -84.7% | -254.4% | - | -47.7% | -82.3% | -37.4% | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.59 | 0.51 | 0.43 | 0.27 | 0.40 | 0.49 | 0.92 | 1.31 | 0.03 | 0.05 |
| Quick ratio | 0.59 | 0.51 | 0.43 | 0.27 | 0.40 | 0.49 | 0.92 | 1.31 | 0.03 | 0.05 |
| Cash ratio | 0.46 | 0.41 | 0.32 | 0.16 | 0.26 | 0.33 | 0.73 | 1.13 | 0.01 | 0.01 |
| Leverage | ||||||||||
| Debt / Equity | -2.25 | -1.61 | -1.28 | 7.06 | 1.35 | 0.16 | 0.08 | 0.06 | - | - |
| Debt / Assets | 0.49 | 0.36 | 0.21 | 0.14 | 0.11 | 0.02 | 0.02 | 0.02 | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -4.58 | -4.41 | -6.03 | 51.66 | 12.40 | 7.40 | 3.55 | 2.96 | -40.67 | -50.04 |
| Liabilities / Assets | 1.22 | 1.23 | 1.17 | 0.98 | 0.92 | 0.86 | 0.72 | 0.66 | 0.03 | 0.02 |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | 0.12 | 0.10 | - | 0.14 | 0.11 | 0.06 | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 12d | 14d | 16d | - | 11d | 8d | 6d | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | 2.4x | 0.3x | 0.0x | - | - | - |
| P / S | 0.3x | 0.7x | 1.7x | - | 1.4x | 0.4x | 0.0x | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -5.9% | -0.2% | 48.9% | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 13.6% | 23.0% | 6.5% | - | -1167.5% | -1150.0% | -1374.9% | - | -96.7% | -168.3% |
| Net income growth (YoY) | 43.2% | 60.3% | -35.8% | - | -10902.8% | - | - | - | -1505.0% | - |
| EPS growth (YoY) | 48.3% | 63.6% | -28.0% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 49.2% | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | -95.5% | - | - | - | - | -31.1% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Product / service
$72.68M totalService Revenue$71.15M · 97.9%
Lease Revenue$1.53M · 2.1%
Peer comparison
Same SIC group: Services-Auto Rental & Leasing (No Drivers)
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| R | $12.66B | 3.9% | 16.3% |
| CAR | $11.65B | -7.6% | 28.4% |
| HTZ | $8.50B | -8.8% | 162.7% |
| SP | - | - | - |
| UHAL UHALB | $6.04B | 1.4% | 1.1% |
Comparing Getaround against the 5 most active filers in the same SIC group.