EVmo

EVmo ROA

The Return on Assets (ROA) of EVmo (YAYO) as of Oct 22, 2026 is -27.54 %. In the previous year, Return on Assets (ROA) was -112.97 % — a change of -75.63% (higher).

ROA

-27.54 %

YoY

-75.63%

Last updated:

In 2022, EVmo's return on assets (ROA) was -27.54 %, a -75.63% increase from the -112.97 % ROA in the previous year.

The EVmo ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2016
-986.67 USD
Jan 1, 2017
-278.39 USD
Jan 1, 2018
-236.80 USD
Jan 1, 2019
-54.58 USD
Jan 1, 2020
-52.95 USD
Jan 1, 2021
-112.97 USD
Jan 1, 2022
-27.54 USD
The EVmo ROA history
YEARROAYoY
-27.54 %-75.63%
-112.97 %+113.35%
-52.95 %-2.99%
-54.58 %-76.95%
-236.80 %-14.94%
-278.39 %-71.78%
-986.67 %—

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EVmo Stock analysis

What does EVmo do? EVmo, Inc. generates revenue by renting vehicles to drivers for ridesharing platforms like Uber and Lyft, as well as delivery gig workers. The company operates through two subsidiaries: Rideshare Car Rentals LLC, which manages the Rideshare Platform for online vehicle bookings, and Distinct Cars, LLC, which maintains a fleet of passenger vehicles and transit vans for last-mile logistics. Drivers use the Rideshare Platform to check inventory, review vehicle data, and manage rentals, while Distinct Cars provides vehicles for delivery and ridesharing gigs. The firm issues insurance cards in its own name to cover rental vehicles. Rideshare Car Rentals LLC focuses on the ridesharing sector, offering an online booking system that drivers access via mobile and web apps for iOS and Android devices. Distinct Cars, LLC targets drivers in the delivery gig economy, providing transit vans and passenger cars for last-mile logistical needs. Both subsidiaries serve drivers who rely on TNCs and delivery platforms for income, with the Rideshare Platform enabling real-time vehicle performance tracking and inventory checks. The company’s revenue streams come from vehicle rentals through the Rideshare Platform and Distinct Cars’ fleet services. Drivers in the ridesharing and delivery gig industries are the primary customers, using the platform to rent vehicles for their work. Insurance coverage, provided via insurance cards issued in EVmo’s name, adds value to the rental service, ensuring drivers have necessary coverage while using the vehicles. EVmo is one of the most popular companies on Eulerpool.

ROA Details

Understanding EVmo's Return on Assets (ROA)

EVmo's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing EVmo's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider EVmo's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in EVmo’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about EVmo stock

Return on Assets (ROA) of EVmo is -27.54 % in 2022.

Return on Assets (ROA) of EVmo changed from -112.97 % to -27.54 %, representing a -75.63% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) EVmo since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s EVmo with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — EVmo

All Key Metrics — EVmo