Company name:

Lyft Inc

  • IPO SHARE PRICE:
    $72.00
  • IPO DATE:
    March 29, 2019
  • TICKER:
    LYFT
  • MAIN STOCK EXCHANGE:
    NASDAQ Global Select
  • CURRENT HQ LOCATION:
    185 Berry Street Suite 5000 San Francisco California 94107
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Lyft Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue 1,059,881 2,156,616 3,615,960 2,364,681 2,364,681 2,279,520
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
176.5%
61.2% —

Cost of revenue

40.0% —

General and administrative

38.4% —

Research and development

19.2% —

Operations and support

17.6% —

Sales and marketing
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue
659,533 1,243,400 2,176,469 1,447,516 1,447,516 1,568,512
Operations and support
183,513 338,402 636,116 453,963 453,963 393,740
Sales and marketing
567,015 803,751 814,122 416,331 416,331 358,096
Research and development
136,646 300,836 1,505,640 909,126 909,126 860,720
General and administrative
221,446 447,938 1,186,093 946,127 946,127 912,160
Total expenses
$1,768,153 $3,134,327 $6,318,440 $4,173,063 $4,173,063 $4,093,228
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
76.5%
76.5% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income ($708,272) ($977,711) ($2,702,480) ($1,808,382) ($1,808,382) ($1,813,708)
Selected Year:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
1.8%
1.8% —

Other income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other income 284 67,114 102,595 43,669 43,669 -
Total non-operating income (expense) 284 652 89 43,669 43,669 -
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
74.6%
74.6% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT ($707,988) ($977,059) ($2,702,391) ($1,764,713) ($1,764,713) ($1,813,708)
Selected Year:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
0.5%
1.9% —

Income tax expense or benefit

1.4% —

Interest expense
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
- - - (32,678) (32,678) (48,420)
Interest income
20,243 66,462 102,506 - - -
Income before income taxes
(687,745) (910,597) (2,599,885) (1,797,391) (1,797,391) (1,842,516)
Income tax expense or benefit
556 738 2,356 (44,534) (44,534) (9,896)
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
74.1%
74.1% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
($688,301) ($911,335) ($2,602,241) ($1,752,857) ($1,752,857) ($1,832,620)

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Class A - - 297,836,880 320,128,117 320,128,117 320,128,117
Class B - - 8,802,629 8,802,629 8,802,629 8,802,629
Selected Year:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share ($35.53) ($43.04) ($11.44) ($5.61) ($5.61) ($5.72)
Net Income per diluted share ($35.53) ($43.04) ($11.44) ($5.61) ($5.61) ($5.72)