Shift Technologies, Inc.
SFT
Rank in Stocks
#39600
Shift Technologies, Inc. runs an online platform dedicated to facilitating the... Shift Technologies, Inc. runs an online platform dedicated to facilitating the purchase and sale of pre-owned automobiles. The company's operations are structured into two distinct divisions: Retail and Wholesale. Through its Retail arm, Shift directly sells used vehicles via its cutting-edge platform. This digital solution allows customers to complete the entire car-buying process conveniently from their mobile devices, including browsing available inventory, arranging flexible test drives (either at their residence or a preferred location), and finalizing their purchase remotely. Beyond the core sale, Shift also provides various financing solutions and additional services. To further enhance vehicle ownership, the company offers a range of supplementary products such as extended service contracts, Guaranteed Asset Protection (GAP) waivers, specific wheel and tire coverage, pre-paid maintenance schemes, and cosmetic protection plans. In contrast, the Wholesale segment focuses on the disposal of used vehicles, typically through bulk auctions or direct sales to other wholesale purchasers. Shift Technologies was founded in 2013 and maintains its headquarters in San Francisco, California.
Share Price
$0.046
Last synced: 2023-11-13
Market Cap
$385.96K
Change (1 day)
4.55%
Change (1 year)
459,900.00%
Country
US
Trade Shift Technologies, Inc. (SFT)
Category
Consumer Cyclical
Earnings for Shift Technologies, Inc. (SFT)
Earnings in Jun 2023 TTM: $-136.08M
According to Shift Technologies, Inc. latest financial reports the company's current earnings are $-136.08M. In 2021 the company made an earning of $-166.04M, a decrease compared to its 2020 earnings that were of $-59.15M. The earnings displayed on this page are the earnings before interest and taxes or simply EBIT.
Earnings history for Shift Technologies, Inc. from 2018 to 2026
Earnings at the end of each year
| Year | Earnings | Change |
|---|---|---|
| 2026 (TTM) | $-136.08M | -20.75% |
| 2022 | $-171.72M | 3.42% |
| 2021 | $-166.04M | 180.73% |
| 2020 | $-59.15M | -26.51% |
| 2019 | $-80.48M | 4,822,128.88% |
| 2018 | $-1.67K | 0.00% |
Earnings for similar companies or competitors
| Company | Earnings | Earnings Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| $1.27B | -1,031.23% |
US
|
|
| $598.89M | -540.11% |
BE
|
|
| - | - |
US
|
|
| $1.02B | -850.02% |
TW
|
