Hyrecar Inc. · OTC:HYREQ
Hyrecar — Investor Presentation (March 2019)
11 slides from Hyrecar's investor presentation, Mar 18, 2019
Slide 1: The Carsharing Marketplace for Ridesharing
NASDAQ: HYRE Investor Presentation March 2019 The Carsharing Marketplace for Ridesharing
Slide 2: Company Overview
HYRE NASDAQ NOTES: 1) Daily Close March 15, 2019. 2) At December 31, 2018. 3) TTM = Trailing twelve months ended September 30, 2018. 4) For the quarter ended September 30, 2018. Company Overview 2 HyreCar, Inc. (NASDAQ: HYRE) Stock Price 1 $7.52 YTD Trading Range 1 $1.54 - $7.98 Market Cap 1 $88.0M
Slide 3: Large Total Addressable Market
HYRE NASDAQ “Goldman Sachs research expects 40% year over year revenue growth in ridesharing through 2030” “Lyft has 1.9 million drive r s at the end of 2018” 1 $84B US Rideshare Rental Market Estimates Large Total Addressable Market 3 0.1% 0.7% 2.4% 3.8% 6.8% 10.2% 13.1% 0 500,000 1,000,000 1,500,0
Slide 4: Unique Marketplace Mechanism Connects Drivers with Vehicle Owners
HYRE NASDAQ TNCs Package Delivery Food Delivery Tasks Leisure Rentals Unique Marketplace Mechanism Connects Drivers with Vehicle Owners Drivers Owners / Vehicles HyreCar Carsharing Opportunities 4
Slide 5: Disrupted Incumbents Need Solutions
HYRE NASDAQ Disrupted Incumbents Need Solutions 5 Gig Economy Players Fleet Incumbents Insurance Carriers Automobile Manufacturers Automobile Dealers Automobile Rental
Slide 6: HyreCar Revenue Model
HYRE NASDAQ HyreCar Revenue Model 6 Gross Revenue Example Average National Rental Charge - Week $230 Driver Fee $23 Insurance Charge - Weekly $91 Gross Merchandise Value - Driver Paid $344 Margin Expansion: ● Reduction in direct insurance costs ● Addition of new benefit tiers at higher revenue share
Slide 7: Nationwide Footprint
HYRE NASDAQ 27,636 36,842 44,527 69,261 78,395 91,711 100,640 122,731 $1.5M $1.9M $2.4M $3.8M $4.5M $5.2M $5.9M $1M $2M $3M $4M $5M $6M $7M $8M Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 0 20,000 40,000 60,000 80,000 100,000 120,000 Rental Days Gross Billings Active in All 50 St
Slide 8: Automotive Market Goes Fleet
HYRE NASDAQ 8 Automotive Market Goes Fleet 2019 2023 2024 2025 2026 2027 2028 2029 2030 Retail 15.4 12.9 12.1 11.3 10.3 9.4 8.9 8.6 8.5 Fleet 1.6 3.6 4 4.7 5.3 5.8 6.1 6.3 6.4 0 2 4 6 8 10 12 14 16 18 20 Retail - Millions New Car Sales 2019 - 2030 - Retail vs. Fleet Source: Automotive News Retailer
Slide 9: Management Team and Board of Directors
HYRE NASDAQ Management Team Board of Directors Management Team and Board of Directors 9 Grace Mellis Chairman Brian Allan Strategic Partnerships COO CFO Scott Brogi Henry Park CEO Chairman Mike Furnari CBDO CEO
Slide 10: Contact Us
HYRE NASDAQ Investor Relations Contact: Ted Haberfield President MZ North America HYRE@mzgroup.us www.mzgroup.us HyreCar Inc. 355 South Grand Avenue, Suite 1650 Los Angeles, CA 90071 Main: 888 - 688 - 6769 www.hyrecar.c om Contact Us 10
Slide 11: Forward-Looking Statements
HYRE NASDAQ This presentation contains forward - looking statements, as defined in the Private Securities Litigation Reform Act of 1995. All s tatements other than historical facts are forward - looking statements, including without limitation, those regarding activities, events, financial results o