Hyrecar Inc. · OTC:HYREQ
Hyrecar — Investor Presentation (December 2020)
11 slides from Hyrecar's investor presentation, Dec 10, 2020
Slide 1: The Car Sharing Marketplace for Ridesharing and Delivery
NASDAQ: HYRE December 2020 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 December 7, 20 20. 2) Fiscal Year Ending December 31, 201 9. 3) Last Twelve Months Ending September 30, 2020. 4) Fiscal Quarter Ending September 30, 2020. Key Company Metrics 3 HyreCar Inc. (NASDAQ: HYRE) Stock Price 1 $ 7.80 52 Week Trading Rang e 1 $ 0.88 - $ 8.60 Market Cap
Slide 4: Connecting Drivers with All Gig Opportunities
Transportatio n Network Companies Food and Grocery Delivery Package Delivery Health Care and Tasks Leisure Rentals Drivers Car Owners Connecting Drivers with All Gig Opportunities 4
Slide 5: HyreCar's Addressable Market
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 2022E
Slide 6: Improved Competitive Environment
Improved Competitive Environment 6 » ASSET LIGHT PLATFORM CREATES LOWEST COST PROVIDER ADVANTAGE » FLEXIBILITY INCREASES SPEED TO MARKET » PREVIOUS COMPETITIORS FAIR AND HERTZ FAILING IN 2020 * Includes insurance, weekly cost assumes 1,000 miles driven per week, assumes maximum 12 - hour rental per
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 ~$57.0 0 Opportunities for Margin Enhancement ● Expansion of dealer subscriptions from HyreCar for Business enhancements ● Ad
Slide 8: Growing Rental Days after Rebounding
8 Growing Rental Days after Rebounding
Slide 9: Financial Highlights
Financial Highlights 9 Lowest Cost Platform expanded to all gig economy services during 2020 CAGR of 60%+ annually, pacing to One Million Annual Rental Days and $25M in Net Revenue in CY20 Addition of high - margin subscription and referral income into CY21 Growing Scalable Platform Improving Profit
Slide 10: Experienced Management and Board
Management Board Experienced Management and Board 10 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 11: Investor Relations Contact
HyreCar Inc. Investor Relations Scott Brogi John Evans CFO ( 415) 309 - 0230 scott@HyreCar.com j.evans@HyreCar.com Contact Us 11