Hyre Car (NASDAQ: HYRE) CEO Interview with Joe Furnari, discussing the company’s car-sharing marketplace for ride-sharing service drivers. HyreCar connects car owners with ride-sharing drivers who need vehicles which qualify for Uber and Lyft, but may be credit-challenged, or need a vehicle short term.
The company is expanding to take qualifying vehicles from car dealers, and other fleets to add to it’s marketplace. Analyst estimates are for revenues are to reach $20 million in 2019, and Joe expects the company to reach break-even in the current quarter, and turn cash-flow positive. Joe discusses long-term growth strategy, including plans for autonomous driving markets.
Investor Presentation