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 Quarter:
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 Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
45,679
45,679
 776,027 867,265 955,598 1,017,070 955,712 339,345 499,744 569,880 2,364,681 2,279,520
Selected Quarter:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
179.6%
68.8% —

Cost of revenue

40.0% —

General and administrative

37.8% —

Research and development

17.3% —

Operations and support

15.7% —

Sales and marketing
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue
45,679
45,679
45,679
45,679
 462,857 630,136 580,714 502,762 542,419 251,355 261,614 392,128 1,447,516 1,568,512
Operations and support
45,679
45,679
45,679
45,679
 187,235 151,975 149,794 147,112 133,782 98,610 123,136 98,435 453,963 393,740
Sales and marketing
45,679
45,679
45,679
45,679
 275,129 180,951 163,858 194,184 196,437 51,822 78,548 89,524 416,331 358,096
Research and development
45,679
45,679
45,679
45,679
 630,960 309,833 288,272 276,575 258,739 203,101 232,106 215,180 909,126 860,720
General and administrative
45,679
45,679
45,679
45,679
 376,736 267,286 263,820 278,251 238,440 221,954 257,693 228,040 946,127 912,160
Total expenses
45,679
45,679
45,679
45,679
 $1,932,917 $1,540,181 $1,446,458 $1,398,884 $1,369,817 $826,842 $953,097 $1,023,307 $4,173,063 $4,093,228
Selected Quarter:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
79.6%
79.6% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
$45,679
 ($1,156,890) ($672,916) ($490,860) ($381,814) ($414,105) ($487,497) ($453,353) ($453,427) ($1,808,382) ($1,813,708)
Selected Quarter:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
45,679
-
-
-
 146 29,668 29,292 - (3,665) 12,123 7,474 - - -
Other expense net
-
45,679
-
-
 - - - - - - - - - -
Other income
-
-
45,679
45,679
 - - 641 (387) - - - - 43,669 -
Total non-operating income (expense)
45,679
45,679
45,679
45,679
 146 29,668 29,292 (387) (3,665) 12,123 7,474 - 43,669 -
Selected Quarter:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
79.6%
79.6% —

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 Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
$45,679
 ($1,156,744) ($643,248) ($461,568) ($382,201) ($417,770) ($475,374) ($445,879) ($453,427) ($1,764,713) ($1,813,708)
Selected Quarter:
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
1.7%
0.4% —

Income tax expense or benefit

2.1% —

Interest expense
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
-
-
-
-
 - - - - - (6,537) (12,529) (12,105) (32,678) (48,420)
Interest income
45,679
45,679
45,679
45,679
 19,654 - 28,651 24,222 21,327 - - - - -
Income before income taxes
45,679
45,679
45,679
45,679
 (1,137,090) (643,248) (461,568) (357,979) (396,443) (481,911) (458,408) (460,629) (1,797,391) (1,842,516)
Income tax expense or benefit
45,679
45,679
45,679
45,679
 1,383 991 1,909 (1,927) 1,630 (44,799) 1,109 (2,474) (44,534) (9,896)
Selected Quarter:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
80.4%
80.4% —

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 Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
 ($1,138,473) ($644,239) ($463,477) ($356,052) ($398,073) ($437,112) ($459,517) ($458,155) ($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
-
-
-
-
 277,828,438 280,041,336 286,463,787 297,836,880 298,006,919 303,277,952 308,720,401 320,128,117 320,128,117 320,128,117
Class B
-
-
-
-
 12,779,709 12,779,709 11,232,629 8,802,629 8,802,629 8,802,629 8,802,629 8,802,629 8,802,629 8,802,629
Selected Quarter:
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 Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($48.53) ($2.23) ($1.57) ($0.39) ($1.31) ($1.41) ($1.46) ($1.43) ($5.61) ($5.72)
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($48.53) ($2.23) ($1.57) ($0.39) ($1.31) ($1.41) ($1.46) ($1.43) ($5.61) ($5.72)