Financial Snapshot

Revenue
$410.4K
TTM
Gross Margin
22.12%
TTM
Net Earnings
-$1.954M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
0.43%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$3.634M
Q2 2024
Cash
Q2 2024
P/E
-1.676
Nov 25, 2024 EST
Free Cash Flow
-$536.4K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $307.3K $55.51K $2.195M $3.038M $4.518M $2.417M $2.456M $3.238M $5.710M $7.458M
YoY Change 453.57% -97.47% -27.75% -32.75% 86.95% -1.6% -24.16% -43.28% -23.44%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $307.3K $55.51K $2.195M $3.038M $4.518M $2.417M $2.456M $3.238M $5.710M $7.458M
Cost Of Revenue $238.8K $38.90K $843.4K $103.9K $744.5K $1.540M $2.607M
Gross Profit $68.52K $16.61K $1.897M $2.616M $3.675M $2.313M $2.279M $2.494M $4.169M $4.851M
Gross Profit Margin 22.3% 29.92% 86.41% 86.09% 81.33% 95.7% 92.77% 77.01% 73.02% 65.04%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $774.5K $107.9K $1.167M $1.918M $1.605M $2.408M $2.835M $4.836M $4.498M $3.202M
YoY Change 617.51% -90.75% -39.14% 19.49% -33.33% -15.08% -41.37% 7.52% 40.44%
% of Gross Profit 1130.25% 649.79% 61.53% 73.32% 43.68% 104.1% 124.43% 193.91% 107.87% 66.02%
Research & Development $56.53K $61.54K $81.16K
YoY Change -8.14% -24.17%
% of Gross Profit 82.5% 370.49% 4.28%
Depreciation & Amortization $36.78K $8.436K $114.5K $112.5K $115.6K $51.61K $57.18K $53.71K $41.30K $36.38K $30.00K $20.00K $10.00K $0.00
YoY Change 335.99% -92.63% 1.78% -2.67% 124.05% -9.74% 6.46% 30.05% 13.52% 21.27% 50.0% 100.0%
% of Gross Profit 53.68% 50.79% 6.04% 4.3% 3.15% 2.23% 2.51% 2.15% 0.99% 0.75%
Operating Expenses $831.0K $1.202M $1.572M $2.030M $1.721M $2.459M $2.892M $4.890M $4.539M $3.345M
YoY Change -30.85% -23.53% -22.59% 18.0% -30.03% -14.98% -40.85% 7.73% 35.69%
Operating Profit -$762.5K -$1.185M $325.2K $585.5K $1.954M -$146.4K -$613.9K -$2.396M -$369.5K $1.506M
YoY Change -35.67% -464.48% -44.46% -70.04% -1434.77% -76.15% -74.38% 548.37% -124.54%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Interest Expense -$9.090K $70.35K $9.165K $90.00 $3.320K $6.580K -$4.880K
YoY Change -112.92% 667.55% -97.29% -49.54% -234.84%
% of Operating Profit 2.82% -0.32%
Other Income/Expense, Net -$122.3K -$290.2K -$260.00 $34.71K $63.50K -$3.750K $26.02K $23.14K $6.530K $18.63K
YoY Change -57.86% 111518.85% -100.75% -45.34% -1793.33% -114.41% 12.45% 254.36% -64.95%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income -$930.1K -$1.475M $324.9K $620.2K $2.017M -$218.8K -$666.4K -$2.369M -$441.3K $1.489M
YoY Change -36.96% -554.1% -47.61% -69.26% -1021.88% -67.16% -71.88% 436.88% -129.64%
Income Tax $0.00 $0.00 $0.00 $364.7K -$560.4K -$129.3K $589.7K
% Of Pretax Income 0.0% 39.61%
Net Earnings -$930.1K -$1.475M $324.9K $620.2K $2.017M -$218.8K -$1.031M -$1.818M -$456.9K $857.6K
YoY Change -36.96% -554.1% -47.61% -69.26% -1021.88% -78.77% -43.29% 297.88% -153.28%
Net Earnings / Revenue -302.7% -2657.88% 14.8% 20.41% 44.65% -9.05% -41.98% -56.14% -8.0% 11.5%
Basic Earnings Per Share -$0.01 -$0.03
Diluted Earnings Per Share -$0.01 -$0.03 $24.06K $44.99K $167.5K -$18.22K -$85.86K -$151.5K -$38.23K $72.22K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash & Short-Term Investments $4.630K $127.1K $349.9K $427.7K $522.1K $80.69K $214.0K $276.7K $2.451M $3.051M $2.000M $1.040M $520.0K $30.00K $10.00K $90.00K $0.00 $70.00K
YoY Change -96.36% -63.67% -18.18% -18.08% 547.01% -62.29% -22.68% -88.71% -19.68% 52.55% 92.31% 100.0% 1633.33% 200.0% -88.89% -100.0%
Cash & Equivalents
Short-Term Investments $10.00K $0.00
Other Short-Term Assets $18.56K $10.50K $191.7K $242.8K $261.0K $95.41K $244.4K $282.5K $317.3K $347.4K $0.00 $30.00K $0.00
YoY Change 76.76% -94.52% -21.05% -6.97% 173.5% -60.96% -13.47% -10.97% -8.68% -100.0%
Inventory $0.00 $0.00 $30.00K
Prepaid Expenses
Receivables $11.58K $6.080K $103.7K $269.2K $279.1K $194.8K $356.8K $240.6K $407.3K $293.8K $310.0K $200.0K $90.00K $0.00 $0.00 $10.00K $0.00
Other Receivables $0.00 $0.00 $5.850K $9.160K $3.000K $11.95K $2.730K $441.5K $352.3K $181.7K $90.00K $100.0K $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $34.78K $143.7K $651.1K $948.8K $1.065M $382.9K $817.9K $1.241M $3.527M $3.874M $2.410M $1.370M $610.0K $30.00K $20.00K $100.0K $30.00K $70.00K
YoY Change -75.8% -77.93% -31.37% -10.92% 178.18% -53.19% -34.11% -64.81% -8.94% 60.74% 75.91% 124.59% 1933.33% 50.0% -80.0% 233.33% -57.14%
Property, Plant & Equipment $184.2K $149.4K $25.83K $131.6K $323.8K $357.9K $207.5K $299.3K $284.0K $317.4K $290.0K $280.0K $160.0K $40.00K
YoY Change 23.29% 478.51% -80.38% -59.35% -9.54% 72.46% -30.66% 5.41% -10.53% 9.44% 3.57% 75.0% 300.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $263.7K $513.6K $773.1K $1.430K $14.87K $344.9K $93.01K $11.43K $20.00K $30.00K $10.00K $10.00K $0.00 $40.00K $10.00K
YoY Change -48.66% -33.56% 53960.14% -90.38% -95.69% 270.79% 713.74% -42.85% -33.33% 200.0% 0.0% -100.0% 300.0%
Total Long-Term Assets $196.0K $149.4K $451.9K $645.2K $1.097M $362.4K $304.9K $804.8K $564.1K $497.1K $510.0K $340.0K $170.0K $50.00K $0.00 $0.00 $40.00K $10.00K
YoY Change 31.17% -66.93% -29.96% -41.18% 202.66% 18.87% -62.12% 42.67% 13.5% -2.54% 50.0% 100.0% 240.0% -100.0% 300.0%
Total Assets $230.8K $293.1K $1.103M $1.594M $2.162M $745.3K $1.123M $2.046M $4.092M $4.371M $2.920M $1.710M $780.0K $80.00K $20.00K $100.0K $70.00K $80.00K
YoY Change
Accounts Payable $664.7K $198.1K $168.9K $69.53K $107.7K $161.0K $148.0K $171.8K $119.4K $382.4K $180.0K $180.0K $80.00K $40.00K $0.00 $10.00K $10.00K $0.00
YoY Change 235.59% 17.31% 142.84% -35.44% -33.11% 8.78% -13.86% 43.97% -68.79% 112.45% 0.0% 125.0% 100.0% -100.0% 0.0%
Accrued Expenses $4.920K $29.04K $246.8K $8.740K $125.7K $111.9K $285.6K $509.7K $713.3K $368.2K $110.0K $100.0K $0.00 $10.00K $0.00 $0.00 $0.00
YoY Change -83.06% -88.23% 2723.23% -93.05% 12.31% -60.8% -43.97% -28.55% 93.74% 234.71% 10.0% -100.0%
Deferred Revenue
YoY Change
Short-Term Debt $62.50K $0.00 $120.0K $120.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20.00K $40.00K $0.00 $200.0K $10.00K $0.00 $20.00K $0.00
YoY Change -100.0% 0.0% -100.0% -50.0% -100.0% 1900.0% -100.0%
Long-Term Debt Due $1.110M $755.8K
YoY Change 46.87%
Total Short-Term Liabilities $1.878M $1.100M $1.233M $1.113M $1.219M $273.0K $433.6K $686.7K $897.6K $863.7K $480.0K $370.0K $80.00K $230.0K $20.00K $10.00K $30.00K $0.00
YoY Change 70.71% -10.79% 10.77% -8.7% 346.77% -37.05% -36.86% -23.49% 3.92% 79.95% 29.73% 362.5% -65.22% 1050.0% 100.0% -66.67%
Long-Term Debt $307.1K $292.2K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 5.09%
Other Long-Term Liabilities $1.272M $2.298M $3.382M $0.00 $10.00K
YoY Change -44.65% -32.07% -100.0%
Total Long-Term Liabilities $307.1K $292.2K $1.272M $2.298M $3.382M $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 5.09% -77.02% -44.65% -32.07% -100.0%
Total Liabilities $2.185M $1.392M $2.505M $3.411M $4.602M $273.0K $433.6K $686.7K $897.6K $874.6K $490.0K $370.0K $80.00K $180.0K $20.00K $10.00K $30.00K $0.00
YoY Change 56.94% -44.42% -26.56% -25.87% 1585.86% -37.05% -36.86% -23.49% 2.63% 78.48% 32.43% 362.5% -55.56% 800.0% 100.0% -66.67%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Basic Shares Outstanding 106.5M shares 50.01M shares
Diluted Shares Outstanding 106.5M shares 50.01M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.2744 Million

About Driveitaway Holdings, Inc.

DriveItAway Holdings, Inc. engages in the provision of a rent-to-own program that enables people to select, drive, and purchase the vehicle of their choice. The company is headquartered in Philadelphia, Pennsylvania. The company went IPO on 2009-01-06. The firm provide a comprehensive turnkey, solutions driven program with proprietary mobile technology and driver app, insurance coverages and training to get dealerships. The firm has expanded its consumer application, subscription to ownership platform to enable entry level consumers to drive and acquire new electric vehicles. The company has developed a consumer-facing application and Web-based platform that allows any automotive retailer the ability to provide a subscription to ownership model for any consumer for both the consumer and the retailer. The company works with franchise and independent dealers and is primarily a turnkey subscription dealer platform. Any consumer, regardless of credit, can go on its application, select a vehicle, sign for and pick up a vehicle, and have the subscription deal.

Industry: Services-Educational Services Peers: Amesite Inc. ASPEN GROUP, INC. Zovio Inc PURE CAPITAL SOLUTIONS, INC. Duolingo, Inc. EpicQuest Education Group International Ltd Legacy Education Alliance, Inc.