Getaround Inc

Company Profile

Getaround Inc had its IPO on 2021-04-26 under the ticker symbol GETR.

The company operates in the Technology sector and Software-Application industry. Getaround Inc has a staff strength of 262 employees.

Stock update

Shares of Getaround Inc opened at $0.41 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.41 - $0.45, and closed at $0.44.

This is a +0.91% increase from the previous day's closing price.

A total volume of 95,947 shares were traded at the close of the day’s session.

In the last one week, shares of Getaround Inc have increased by +6.73%.

Getaround Inc's Key Ratios

Getaround Inc has a market cap of $38.40 million, indicating a price to book ratio of 0 and a price to sales ratio of 1.7959.

In the last 12-months Getaround Inc’s revenue was $59.89 million with a gross profit of $57.02 million and an EBITDA of $-94488000. The EBITDA ratio measures Getaround Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Getaround Inc’s operating margin was -175.21% while its return on assets stood at 0% with a return of equity of 0%.

In Q3, Getaround Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 12.4%.

Getaround Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.48 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Getaround Inc’s profitability.

Getaround Inc stock is trading at a EV to sales ratio of 3.2455 and a EV to EBITDA ratio of -8.2278. Its price to sales ratio in the trailing 12-months stood at 1.7959.

Getaround Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$260.37 million

Total Liabilities

$6.57 million

Operating Cash Flow

$-515000.00

Capital Expenditure

$515000

Dividend Payout Ratio

0%

Getaround Inc ended 2024 with $260.37 million in total assets and $0 in total liabilities. Its intangible assets were valued at $260.37 million while shareholder equity stood at $-6401750.00.

Getaround Inc ended 2024 with $0 in deferred long-term liabilities, $6.57 million in other current liabilities, 259963920.00 in common stock, $-6402417.00 in retained earnings and $105.96 million in goodwill. Its cash balance stood at $40119.00 and cash and short-term investments were $40119.00. The company’s total short-term debt was $40,253,000 while long-term debt stood at $0.

Getaround Inc’s total current assets stands at $166558.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $439000.00 compared to accounts payable of $6.14 million and inventory worth $0.

In 2024, Getaround Inc's operating cash flow was $-515000.00 while its capital expenditure stood at $515000.

Comparatively, Getaround Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.44

52-Week High

$10.17

52-Week Low

$0.23

Analyst Target Price

$2.58

Getaround Inc stock is currently trading at $0.44 per share. It touched a 52-week high of $10.17 and a 52-week low of $10.17. Analysts tracking the stock have a 12-month average target price of $2.58.

Its 50-day moving average was $0.47 and 200-day moving average was $1.02 The short ratio stood at 0.57 indicating a short percent outstanding of 0%.

Around 820.2% of the company’s stock are held by insiders while 3583.3% are held by institutions.