Getaround, Inc [Rocket]

Overview

Getaround, Inc

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Recent News + Filings (All items)

Date Filed	Type	Description
08/15/2023	NT 10-Q	Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB:
08/11/2023	8-K	Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits  Interactive Data
08/09/2023	SC 13D/A	Mudrick Capital Management, L.P. reports a 22.8% stake in Getaround Inc.
08/09/2023	8-K	Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance S...
05/16/2023	NT 10-Q	Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB:
05/15/2023	3/A	Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P. (10% Owner) has filed a Form 3/A on Getaround, Inc
05/15/2023	3/A	Mudrick Capital Management, L.P. (10% Owner) has filed a Form 3/A on Getaround, Inc

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-21	Dec-31-20
Revenues	63.1	58.7
Revenue growth	7.4%
Cost of goods sold	0.0	0.0
Gross profit	63.1	58.7
Gross margin	100.0%	100.0%
Sales and marketing	20.3	12.3
Research and development	17.8	17.5
General and administrative	59.5	55.1
EBITA	-96.3	-154.5
EBITA margin	-152.7%	-263.1%
Amortization of intangibles	9.5	10.0
EBIT	-105.7	-164.6
EBIT margin	-167.7%	-280.2%
Pre-tax income	-120.5	-166.3
Income taxes	-0.5	-1.3
Tax rate	0.4%	0.8%
Net income	-120.1	-165.1
Net margin	-190.4%	-281.1%

Diluted EPS	($1.74)	($3.36)
Shares outstanding (diluted)	69.0	49.2

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.