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SHIFT TECHNOLOGIES, INC. (INSU) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
Revenues0.0636.9195.7166.2
            Revenue growth-100.0%225.4%17.7% 
Cost of goods sold0.0588.1183.5168.0
Gross profit0.048.812.2-1.8
            Gross margin 7.7%6.2%-1.1%
Selling, general and administrative0.0220.183.971.9
EBITA-198.5-172.5-72.7-74.1
            EBITA margin -27.1%-37.1%-44.6%
Amortization of intangibles8.84.43.62.7
EBIT-207.3-176.9-76.3-76.8
            EBIT margin -27.8%-39.0%-46.2%
Pre-tax income-284.0-166.0-59.1-80.5
Income taxes0.00.20.00.0
            Tax rate0.0% 0.0%0.0%
Net income-284.0-166.3-59.1-80.5
            Net margin -26.1%-30.2%-48.4%
 
Diluted EPS ($21.29)($3.12)($25.30)
Shares outstanding (diluted) 7.818.93.2
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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