Hyrecar Inc. · OTC:HYREQ
Hyrecar — Shareholder Meeting (June 2021)
10 slides from Hyrecar's shareholder meeting presentation, Jun 25, 2021
Slide 1: Annual Meeting June 2021
NASDAQ: HYRE Annual Meeting June 2021 The Car S haring Marketplace for Ridesharing and Delivery
Slide 2: Forward-looking statements
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 or developmen
Slide 3: Key Company Metrics
1) Closing Price as of June 18, 2021. 2) Fiscal Year Ending December 31, 20 20. 3) Last Twelve Months Ended March 31, 2021. 4) Fiscal Quarter Ended March 31, 2021. Key Company Metrics 3 HyreCar Inc. (NASDAQ: HYRE) Stock Price 1 $ 20. 70 52 Week Trading Rang e 1 $ 2.51 - $ 22.43 Market Cap 1 $ 427 M
Slide 4: Connecting Drivers To All Gig Opportunities
Transportation Network Companies Food and Grocery Delivery Package Delivery Health Care and Tasks Leisure Rentals Drivers Car Owners Connecting Drivers To All Gig Opportunities 4
Slide 5: Larger Addressable Market including Delivery
Goldman Sachs research expects 13% year - over - year revenue growth in ridesharing through 2030 Uber is estimated 2.0 million drive r s and Lyft has 1. 5 million drive r s in the US and Canada (3 ) Instacart has 300,000 drive r s , 75,000 in California ( 4 ) - 2 4 6 8 10 12 2018 2019E 2020E 2021E 2
Slide 6: Improved Competitive Environment
Improved Competitive Environment 6 » ECOSYSTEM ALLOWS US TO EMPOWER DRIVERS AND FLEET MANAGERS BY PROVIDING CARS, CAPITAL AND INSURANCE » ASSET LIGHT PLATFORM CREATES LOWEST COST PROVIDER ADVANTAGE » FLEXIBILITY INCREASES SPEED TO MARKET » PREVIOUS COMPETITIORS FAIR AND HERTZ FAILING IN 2020 * Inclu
Slide 7: Three-Sided Revenue Model
Three - Sided Revenue Model 7 Daily Gross Revenue Example National Avg Daily Rental Rate $40.00 Driver Fee $4.00 Daily Insurance Fee $13.00 Daily Gross Billing Paid by Driver ~$57.00 Opportunities for Margin Enhancement ● Expansion of dealer subscriptions from HyreCar for Business enhancements ● Add
Slide 8: Financial Highlights
Financial Highlights 8 Lowest Cost Platform expanded to all gig economy services during 2020 CAGR of 60%+ annually, pacing to 1.3 Million Annual Rental Days and $40M in Net Revenue in CY21 Addition of high - margin subscription and referral income into CY21 Growing Scalable Platform Improving
Slide 9: Experienced Management and Board
Management Board Experienced Management and Board 9 Scott Brogi CFO Henry Park COO Joe Furnari CEO Brian Allan SVP Mike Furnari CBDO Grace Mellis Chairman Joe Furnari CEO Michael Root Technology Brooke Skinner Ricketts Chief Experience Officer Jay Vijayan CIO / CEO
Slide 10: Contact Us
HyreCar Inc. Investor Relations Scott Brogi John Evans CFO ( 415) 309 - 0230 scott@HyreCar.com j.evans@HyreCar.com Contact Us 10