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Financial Snapshot

Revenue
TTM
$328.8M
Gross Margin
TTM
4.03%
Net Income
TTM
-$136.7M
Current Assets
2023 Q2
Current Liabilities
2023 Q2
Current Ratio
2023 Q2
132.51%
Total Assets
2023 Q2
Total Liabilities
2023 Q2
Book Value
2023 Q2
-$130.8M
Cash
2023 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$79.01M

Stock Price

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Market Cap: $1.6999 Thousand

About SHIFT TECHNOLOGIES, INC.

Shift Technologies, Inc. provides online automobile purchasing services. The company is headquartered in San Francisco, California and currently employs 970 full-time employees. The company went IPO on 2019-03-22. The Company’s segments include Retail and Wholesale. The Retail segment represents retail sales of used vehicles through the Company’s e-commerce platform and fees earned on sales of value-added products associated with those vehicle sales, such as vehicle service contracts, asset protection waiver coverage, prepaid maintenance plans, and appearance protection plans. The Wholesale segment represents sales of used vehicles through wholesale auctions or directly to a wholesaler (DTW). Its technology platform provides a seamless consumer experience for buying a car from the search and discover experience on the website to a seamless digitally driven purchase transaction, including financing and vehicle protection products.

Industry: Retail-Auto Dealers & Gasoline Stations Peers: CarLotz, Inc. America's CAR-MART Inc Lazydays Holdings, Inc. /entities/vrm Giant Motorsports Inc LMP Automotive Holdings, Inc. O'Reilly Automotive Inc Volta Inc.

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