HyreCar has been public for only a little over a year. During that time the platform has grown dramatically in volumes, while improving gross margins. Sales are trending towards close to doubling for the year and, with the completion...
I’ve held off on my August recap much like a war veteran will refrain from telling tales from the trenches. Not that my experiences are nearly as terrible as a real war, but in the figurative sense, August left...
LOS ANGELES, August 14, 2019 – HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, today reported financial results and provided a corporate update for the second quarter ended June 30, 2019. “HyreCar’s second quarter revenues grew to $3.8 million,...
This was a very hectic week in the market, with major swings in the indexes and in our universe of smaller companies. Earnings season for most smaller companies is the first two weeks of August, which creates ample reasons...
Last week, HYRE sold shares at $3. I have to admit, this came as a total surprise to me. With HyreCar going cash-flow neutral in the 2nd quarter, I had been operating under the assumption that they wouldn’t need...
Tailwinds' Take: with a small discount, this deal appears to be well received by the market. HYRE is in a land-grab for market share and these funds could really accelerate growth particularly if this is being used to roll...
LOS ANGELES, July 11, 2019 – HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, has added an experienced outside sales team and scalable customer service infrastructure to support dealership and institutional vehicle growth initiatives. The newly established team of...
In what is shaping up as a never-ending quest to provide newsletter coverage from anyplace not named "home", this week's letter comes from Raleigh, NC. I'm here to keep my daughter company for the weekend as she is toiling...
With the recent IPOs of UBER and LYFT, Mobility-as-a-Service (MAAS) is an industry that is drawing major investor attention. Unfortunately, that attention hasn't been extremely positive as both these companies are hemorrhaging cash and seem to have very little...
Today was the first day of the B Riley Conference in Los Angeles at the Beverly Hilton, a hotel that has a 60's feel to it. It's updated and in great shape, but the layout of the space is...
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