Getaround, Inc. (GETR)

NYSE: GETR · IEX Real-Time Price · USD
0.165
+0.011 (7.14%)
Jun 14, 2024, 4:00 PM EDT - Market closed
7.14%
Market Cap 15.36M
Revenue (ttm) 78.32M
Net Income (ttm) -122.11M
Shares Out 93.11M
EPS (ttm) -1.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 987,233
Open 0.150
Previous Close 0.154
Day's Range 0.150 - 0.165
52-Week Range 0.138 - 0.695
Beta 1.06
Analysts n/a
Price Target n/a
Earnings Date May 9, 2024

About GETR

Getaround, Inc. operates as an online car rental service company for peer-to-peer car sharing. The company operates Getaround, a digital carsharing marketplace, which is accessed through the Getaround app and derives demand from guests who want access to cars nearby 24/7 for various use cases, such as local and long-distance getaways, running errands, business travel, and driving to earn through rideshare and delivery platforms. Getaround, Inc. is based in San Francisco, California. [Read more]

Sector Technology
Founded 2011
Employees 290
Stock Exchange NYSE
Ticker Symbol GETR
Full Company Profile

Financial Performance

In 2023, Getaround's revenue was $72.68 million, an increase of 22.24% compared to the previous year's $59.46 million. Losses were -$113.95 million, -16.26% less than in 2022.

Financial Statements

News

Getaround to Present at the 2024 Wedbush Disruptive Transportation Conference

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR) (“Getaround'' or “the Company”), the world's first connected carsharing marketplace, today announced that Eduardo Iniguez, Getaround Chief Execut...

4 weeks ago - Business Wire

Getaround Appoints New Independent Directors to Its Board

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR) (“Getaround'' or “the Company”), the world's first connected carsharing marketplace, today announced three new additions to its Board of Director...

5 weeks ago - Business Wire

Getaround Releases First Quarter 2024 Results

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR) (“Getaround'' or “the Company”), the world's first connected carsharing marketplace, today announced financial results for the first quarter of 2...

5 weeks ago - Business Wire

Getaround Secures up to $50 Million in Additional Financing

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced that its existing debt facility with Mudrick Capital Management has been exp...

6 weeks ago - Business Wire

Getaround Reports Full Year 2023 Results

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR) (“Getaround'' or “the Company”), the world's first connected carsharing marketplace, today announced financial results for the year ended Decembe...

2 months ago - Business Wire

Getaround Announces Promotion of AJ Lee as COO

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR) (“Getaround'' or “the Company”), the world's first connected carsharing marketplace, today announced the promotion of AJ Lee, Getaround's former ...

3 months ago - Business Wire

Getaround Announces Inducement Awards to New CEO, Eduardo Iniguez, in Accordance with NYSE Rule 303A.08

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, announced that on February 26, 2024, its Board of Directors granted to its new Chief Executi...

3 months ago - Business Wire

Getaround Announces Leadership Transition in Continued Drive for Global Growth and Profitability

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR) (“Getaround'' or the “Company”), the world's first connected carsharing marketplace, today announced that its Board of Directors has appointed fo...

3 months ago - Business Wire

Getaround will lay off 30% of its workforce to further reduce costs

Car-sharing company Getaround Inc. will lay off roughly one-third of its workforce in an effort to further reduce costs.

4 months ago - Market Watch

Getaround to Restructure, Lay Off 30% of North American Staff

Peer-to-peer carsharing marketplace Getaround is laying off about 30% of its North American staff as part of a restructuring plan. The company will restructure its workforce and operations to reduce c...

4 months ago - PYMNTS

Car-sharing company Getaround cuts one third of U.S. workforce

Getaround, a company helps vehicle owners rent out their cars, trucks and SUVs to other peers, is cutting 30% of its North American workforce as part of a restructuring.

4 months ago - TechCrunch

Getaround Announces Restructuring Plan to Accelerate the Path to Profitability

SAN FRANCISCO--(BUSINESS WIRE)--Getaround Announces Restructuring Plan to Accelerate the Path to Profitability.

4 months ago - Business Wire

Getaround Secures $20 Million in Financing, Following Strong Q3 2023 Results

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced a new debt facility with Mudrick Capital Management for up to $20 million in...

5 months ago - Business Wire

Getaround's Q3 earnings delight investors, but the company isn't out of the woods yet

Peer-to-peer carsharing company Getaround has filed its first earnings report since going public a year ago via a SPAC combination. The company's third-quarter earnings report details a company seeing...

6 months ago - TechCrunch

Getaround Reports Strong 3Q 2023 Results with 42% Year-Over-Year Growth in Revenue

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced financial results for the period ended September 30, 2023. “Getaround is now...

6 months ago - Business Wire

Getaround Sets Date for Third Quarter 2023 Earnings Release and Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--Getaround, Inc. (NYSE: GETR) (“Getaround” or “the Company”), the world's first connected carsharing marketplace, plans to conduct a conference call with analysts to dis...

6 months ago - Business Wire

NYSE to Commence Delisting Proceedings with Respect to the Warrants of Getaround, Inc. (GETR WS)

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of Getar...

7 months ago - Business Wire

Getaround and TransUnion to Bring TruVision Credit Insurance Auto Score to Carsharing Marketplace

SAN FRANCISCO & CHICAGO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced a new innovative alliance with TransUnion (NYSE: TRU), a global in...

Other symbols: TRU
9 months ago - Business Wire

Axle and Getaround Partner to Allow Guests to Use Their Own Car Insurance, and Reduce Costs

Guest s avings of up to 15% ATLANTA , June 15, 2023 /PRNewswire/ -- A xle , the leading universal API for insurance data, is pleased to announce a partnership with Getaround (NYSE: GETR), the world's ...

1 year ago - PRNewsWire

Getaround CEO Says AI Helps Platforms Monetize Idle Autos

After we shell out $30,000 or $40,000 for a car, it becomes all too easy to forget that our vehicles are often sitting idle for the majority of the day. “We own too many cars.

1 year ago - PYMNTS

Getaround Launches AI Based TrustScore v2.0 to Enhance Profitability and Carsharing Marketplace Safety

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world's first connected carsharing marketplace, today announced Getaround TrustScore v2.0, a proprietary next...

1 year ago - Business Wire

Getaround Expands Executive Leadership Team, Appoints Eduardo Iniguez SVP of Finance & Strategy, AJ Lee VP of Gig Marketplace

SAN FRANCISCO--(BUSINESS WIRE)--Getaround Expands Executive Leadership Team, Appoints Eduardo Iniguez SVP of Finance & Strategy, AJ Lee VP of Gig Marketplace.

1 year ago - Business Wire

Getaround Closes Acquisition of HyreCar Assets

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced the Company has closed on its acquisition of substantially all of the assets...

Other symbols: HYREQ
1 year ago - Business Wire

Getaround stock soars on deal news and Blue Bird gets a lift from sales outlook

Shares of car-sharing company Getaround Inc. GETR, -6.20% rose 116% in premarket trading after the company said late Thursday it plans to buy all of the assets of HyreCar Inc. HYREQ, +3.70% for $9.45 ...

1 year ago - Market Watch

Getaround aims to scale car-sharing platform with HyreCar acquisition

Peer-to-peer car sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car sharing marketplace, for $9.45 million. Getaround expects to realize up to $75 million of ru...

Other symbols: HYREQ
1 year ago - TechCrunch