Shift Technologies Stock

Shift Technologies Net Income 2024

Shift Technologies Net Income

-82.98 M USD

Ticker

SFT

ISIN

US82452T1079

In 2024, Shift Technologies's profit amounted to -82.98 M USD, a -73.18% increase from the -309.43 M USD profit recorded in the previous year.

The Shift Technologies Net Income history

YEARNET INCOME (undefined USD)
2028e-
2027e6.91
2026e-19.88
2025e-38.03
2024e-82.98
2023e-309.43
2022-172
2021-166.3
2020-59.1
2019-80.5
2018-44.9
2017-25.6

Shift Technologies Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Shift Technologies, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Shift Technologies from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Shift Technologies’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Shift Technologies. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Shift Technologies’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Shift Technologies’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Shift Technologies’s growth potential.

Shift Technologies Revenue, EBIT and net profit per share

DateShift Technologies RevenueShift Technologies EBITShift Technologies Net Income
2028e10.2 B undefined0 undefined0 undefined
2027e4.08 B undefined3.64 M undefined6.91 M undefined
2026e3.03 B undefined-61.05 M undefined-19.88 M undefined
2025e369.92 M undefined-114.46 M undefined-38.03 M undefined
2024e201.01 M undefined-134.34 M undefined-82.98 M undefined
2023e186.39 M undefined-148.8 M undefined-309.43 M undefined
2022670.8 M undefined-199.2 M undefined-172 M undefined
2021636.9 M undefined-176.9 M undefined-166.3 M undefined
2020195.7 M undefined-76.3 M undefined-59.1 M undefined
2019166.2 M undefined-76.8 M undefined-80.5 M undefined
2018131.8 M undefined-41.8 M undefined-44.9 M undefined
201794.5 M undefined-25.6 M undefined-25.6 M undefined

Shift Technologies stock margins

The Shift Technologies margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Shift Technologies. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Shift Technologies.
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Gross margin
EBIT margin
Profit margin
Details

Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Shift Technologies's sales revenue. A higher gross margin percentage indicates that the Shift Technologies retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Shift Technologies's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Shift Technologies's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Shift Technologies's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Shift Technologies. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Shift Technologies's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Shift Technologies Margin History

Shift Technologies Gross marginShift Technologies Profit marginShift Technologies EBIT marginShift Technologies Profit margin
2028e3.77 %0 %0 %
2027e3.77 %0.09 %0.17 %
2026e3.77 %-2.01 %-0.66 %
2025e3.77 %-30.94 %-10.28 %
2024e3.77 %-66.83 %-41.28 %
2023e3.77 %-79.83 %-166.01 %
20223.77 %-29.7 %-25.64 %
20217.66 %-27.78 %-26.11 %
20206.23 %-38.99 %-30.2 %
2019-1.08 %-46.21 %-48.44 %
20184.1 %-31.71 %-34.07 %
20174.76 %-27.09 %-27.09 %

Shift Technologies Aktienanalyse

What does Shift Technologies do?

Shift Technologies is a San Francisco-based company that was founded in 2013 by George Arison and Christian Ohler. The company specializes in online sales of used cars. Shift has a prominent presence in the USA and Europe and aims to simplify and make the process of buying used cars more transparent. The business model of Shift is based on brokering used cars. Customers can sell their cars on the company's website and receive a fair offer. The company evaluates the car online and gives the buyer a price that is higher than what they could achieve selling the car to dealers. The company follows the consignment strategy, meaning it does not directly buy the car but sells it on behalf of the owner. This allows Shift to achieve higher prices than they would through direct purchase. This strategy is still convenient for the seller, as they do not have to worry about anything. The company also has its own network of Shift Service Hubs. These hubs are service centers where cars are prepared before being handed over to buyers. They offer services such as inspection, cleaning, and repairs, ensuring that buyers receive reliable used cars. This increases the trust of buyers in the company and leads to more repeat purchases. While Shift Technologies operates in various industries, its main focus is on the sale of used cars. However, the company also offers a range of other services. For example, the company has a division called Shift Virtual Test Drive, which allows customers to virtually experience any car in the Shift fleet and get a sense of what they will be purchasing. Shift also has a premium division, Shift Luxe, which specifically offers luxury cars. This is a combination of Shift's core business and a concierge service platform that assists customers in finding and acquiring their luxury cars. Additionally, the company has a Shift Care division that focuses on vehicle care and maintenance. Shift Care offers a range of maintenance services to ensure that the cars are in top condition. Shift also has a Shift Finance division that offers financing options for car purchases. The company works with several financing institutions to offer customers various auto loans. In conclusion, Shift Technologies is an innovative and emerging company in the online used car sales industry. The company's business model has proven to be highly successful and it has expanded into several divisions to align its offerings with customer needs. Shift also has the potential to expand into other areas of the automotive business and explore new markets in the future. Shift Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Shift Technologies's Profit Margins

The profit margins of Shift Technologies represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Shift Technologies's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Shift Technologies's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Shift Technologies's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Shift Technologies’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Shift Technologies stock

How much profit has Shift Technologies made this year?

Shift Technologies has made -82.98 M USD this year.

How has the profit developed compared to last year?

The profit has increased by -73.18% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Shift Technologies publish its earnings?

Shift Technologies publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Shift Technologies?

The profits of Shift Technologies are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Shift Technologies?

You can learn more about the earnings of Shift Technologies by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Shift Technologies pay?

Over the past 12 months, Shift Technologies paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Shift Technologies is expected to pay a dividend of 0 USD.

What is the dividend yield of Shift Technologies?

The current dividend yield of Shift Technologies is .

When does Shift Technologies pay dividends?

Shift Technologies pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Shift Technologies?

Shift Technologies paid dividends every year for the past 0 years.

What is the dividend of Shift Technologies?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Shift Technologies located?

Shift Technologies is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Shift Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shift Technologies from 12/18/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/18/2024.

When did Shift Technologies pay the last dividend?

The last dividend was paid out on 12/18/2024.

What was the dividend of Shift Technologies in the year 2023?

In the year 2023, Shift Technologies distributed 0 USD as dividends.

In which currency does Shift Technologies pay out the dividend?

The dividends of Shift Technologies are distributed in USD.

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Andere Kennzahlen von Shift Technologies

Our stock analysis for Shift Technologies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shift Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.