See more : Online Brands Nordic AB (publ) (OBAB.ST) Income Statement Analysis – Financial Results
Complete financial analysis of DriveItAway Inc. (DWAY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of DriveItAway Inc., a leading company in the Rental & Leasing Services industry within the Industrials sector.
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DriveItAway Inc. (DWAY)
About DriveItAway Inc.
DriveItAway Inc. develops and offers a cloud platform/consumer application that enables dealers to sell vehicles through eCommerce, with its Pay as You Go app-based subscription program. The company was founded in 2017 and is based in Haddonfield, New Jersey.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 307.28K | 55.51K | 118.59K | 3.04M | 4.52M | 2.42M | 2.46M | 3.24M | 5.71M |
| Cost of Revenue | 238.76K | 38.90K | 37.83K | 1.15M | 1.84M | 851.42K | 1.31M | 1.69M | 2.90M |
| Gross Profit | 68.52K | 16.61K | 80.76K | 1.89M | 2.67M | 1.57M | 1.14M | 1.55M | 2.81M |
| Gross Profit Ratio | 22.30% | 29.92% | 68.10% | 62.19% | 59.19% | 64.77% | 46.58% | 47.92% | 49.16% |
| Research & Development | 56.53K | 61.54K | 81.16K | 119.32K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 735.48K | 1.11M | 651.49K | 49.30K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 38.97K | 33.88K | 9.26K | 35.56K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 774.45K | 1.14M | 660.74K | 1.30M | 720.35K | 1.73M | 1.76M | 3.82M | 3.18M |
| Other Expenses | 0.00 | 646.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 830.98K | 1.20M | 741.90K | 1.30M | 720.35K | 1.73M | 1.76M | 3.82M | 3.18M |
| Cost & Expenses | 1.07M | 1.24M | 779.73K | 2.45M | 2.56M | 2.59M | 3.07M | 5.51M | 6.08M |
| Interest Income | 0.00 | 12.00 | 0.00 | 0.00 | 0.00 | 0.00 | 87.00 | 3.32K | 6.58K |
| Interest Expense | 301.09K | 750.20K | 14.54K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 36.78K | 8.44K | 114.54K | 112.54K | 115.63K | 51.61K | 57.18K | 53.71K | 41.30K |
| EBITDA | -592.26K | -716.72K | -661.14K | 732.71K | 2.13M | -167.22K | -609.17K | -2.32M | -399.99K |
| EBITDA Ratio | -192.74% | -2,118.69% | -557.50% | 22.97% | 45.81% | -4.84% | -22.67% | -68.41% | -5.75% |
| Operating Income | -762.46K | -1.19M | -661.14K | 585.45K | 1.95M | -168.58K | -613.85K | -2.27M | -369.51K |
| Operating Income Ratio | -248.13% | -2,135.07% | -557.50% | 19.27% | 43.25% | -6.98% | -24.99% | -70.07% | -6.47% |
| Total Other Income/Expenses | -167.68K | -290.21K | -14.54K | 34.71K | 63.50K | -50.25K | -52.50K | -100.29K | -71.79K |
| Income Before Tax | -930.14K | -1.48M | -675.68K | 620.16K | 2.02M | -218.83K | -666.35K | -2.37M | -441.30K |
| Income Before Tax Ratio | -302.70% | -2,657.88% | -569.76% | 20.41% | 44.65% | -9.05% | -27.13% | -73.16% | -7.73% |
| Income Tax Expense | 0.00 | 750.85K | -114.54K | -3.00 | 3.00 | 3.00 | 364.65K | -560.40K | -129.32K |
| Net Income | -930.14K | -1.48M | -675.68K | 620.16K | 2.02M | -218.83K | -1.03M | -1.82M | -456.94K |
| Net Income Ratio | -302.70% | -2,657.88% | -569.76% | 20.41% | 44.65% | -9.05% | -41.98% | -56.14% | -8.00% |
| EPS | -0.01 | -0.03 | -0.05 | 0.05 | 0.17 | -0.02 | -0.09 | -0.15 | -0.04 |
| EPS Diluted | -0.01 | -0.03 | -0.05 | 0.05 | 0.17 | -0.02 | -0.09 | -0.15 | -0.04 |
| Weighted Avg Shares Out | 106.46M | 50.01M | 13.28M | 13.40M | 12.04M | 12.01M | 12.01M | 12.00M | 11.95M |
| Weighted Avg Shares Out (Dil) | 106.46M | 50.01M | 13.50M | 13.78M | 12.04M | 12.01M | 12.01M | 12.00M | 11.95M |
DriveItAway Holdings, Inc. Partners with AllShifts, One of the Most Highly Rated Healthcare Staffing Firms In the US, to Help On-Demand Nurses Get to The Job
Philadelphia, PA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- - DriveItAway has partnered with AllShifts to enable every on-demand nurse the ability to drive and then buy his or her vehicle of choice, regardless of down payment or credit score.
DriveItAway Holdings, Inc. Fleet Owned or Under Management Surges 36% Month-Over-Month, as Supply Meets Demand
Philadelphia, PA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- PHILADELPHIA, PA, USA, August 8, 2024 – DriveItAway Holdings, Inc. (“DriveItAway” OTC: DWAY), an automotive industry leader in new digital mobility platforms with its unique “micro-lease to purchase” technology, continues to gain...
DriveItAway Holdings, Inc. Partners with Chapman Automotive Group in Philadelphia to Supply New Vehicles and To Provide Its Micro-Lease to Ownership Program to Chapman Store Customers
Philadelphia, PA, July 31, 2024 (GLOBE NEWSWIRE) -- PHILADELPHIA, PA, USA, July 31, 2024 – DriveItAway Holdings, Inc. (“DriveItAway” OTC Marketplace: DWAY), an automotive industry leader in new digital mobility platforms with its unique “micro-lease to purchase” technology, continues to...
DriveItAway Holdings, Inc. Partnerships & Growth Highlighted in Leading Automotive Trade Publication
Philadelphia, PA, July 24, 2024 (GLOBE NEWSWIRE) -- - DriveItAway has forged four major partnerships so far in 2024, to enable it to rapidly scale sales, market share, and profits in its goal to become the national retail software platform...
DriveItAway Holdings, Inc. Partners with Corporate Claims Management for Maintenance, Service and Accident Management for its Rapidly Expanding Fleet
Philadelphia, PA, July 18, 2024 (GLOBE NEWSWIRE) -- - DriveItAway 's national company-owned fleet is expanding rapidly all over the country, following its recent vehicle financing agreement, requiring professional fleet management for vehicle maintenance, mechanical service, and accident management
DriveItAway Holdings, Inc. Secures Credit Line for 2 Million Dollars in Financing From Industry Leader to Accelerate Growth
Philadelphia, PA, May 03, 2024 (GLOBE NEWSWIRE) -- - The Credit Line Funding of $2 Million is to Further the DriveItAway Mission to Solve the Personal Transportation Problem of Entry Level Employees in the U.S. by Enabling all, Regardless of...
DriveItAway Micro-Lease App and Platform Now Available for Car Dealers with Credit Line Options Provided by Westlake Fleet
Philadelphia, PA, April 24, 2024 (GLOBE NEWSWIRE) -- DriveItAway Holdings, Inc. (“DriveItAway” OTC Marketplace: DWAY), an automotive industry leader in new digital mobility platforms with its unique “micro-lease to purchase” technology, continues to gain traction and visibility in its mission...
DRIVEITAWAY'S MICRO-LEASE PLATFORM HELPS SOLVE ONE OF THE LARGEST EMPLOYMENT PROBLEMS TODAY – GETTING TO AND FROM THE JOB
Philadelphia, PA USA, March 20, 2024 (GLOBE NEWSWIRE) -- PHILADELPHIA, PA, USA, March 20, 2024 -- DriveItAway Holdings, Inc. (“DriveItAway”), (OTC Marketplace: DWAY), an automotive industry leader in new mobility platforms with its unique ‘micro-lease to purchase technology,' continues to...
DRIVEITAWAY HOLDINGS CEO PROVIDES YEAR-END MESSAGE TO SHAREHOLDERS
DriveItAway Holdings Inc. (OTC: DWAY) Chief Executive Officer, John F. Possumato provides the following year end message to shareholders. DriveItAway Holdings Inc. (OTC: DWAY) Chief Executive Officer, John F. Possumato provides the following year end message to shareholders.
John F. Possumato to Speak on “Discovering the Future of Super Apps” at the FTT Embedded Finance & Super Apps Conference in San Francisco
Founder and CEO of DriveItAway Holdings, Inc. on Panel “Learning How to Optimize Super-Apps by Leveraging Relationships with Banks, External Vendors and Customers” Founder and CEO of DriveItAway Holdings, Inc. on Panel “Learning How to Optimize Super-Apps by Leveraging Relationships...
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