Shift Technologies, Inc.

SFTGQ

SFTGQShift Technologies, Inc. US flag

Other OTC

0.00

USD

- -

1,700.00Market Cap

Income Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y
Sales/Revenue/Turnover	166	196	637	671
+ Sales & Services Revenue	166	196	637	671
- Cost of Revenue	168	184	588	645
+ Cost of Goods & Services	168	184	588	645
Gross Profit	-2	12	49	25
+ Other Operating Income	- -	- -	- -	- -
- Operating Expenses	75	88	226	224
+ Selling, General & Admin	72	84	220	214
+ Research & Development	- -	- -	- -	- -
+ Other Operating Expense	3	5	6	10
Operating Income (Loss)	-77	-76	-177	-199
- Non-Operating (Income) Loss	4	-17	-11	-27
+ Interest Expense, Net	4	8	8	11
+ Interest Expense	4	8	8	11
- Interest Income	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	-25	-19	-38
Pretax Income	-80	-59	-166	-172
- Income Tax Expense (Benefit)	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -
Income (Loss) from Cont Ops	-80	-59	-166	-172
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -
Income (Loss) Incl. MI	-80	-59	-166	-172
- Minority Interest	- -	- -	- -	- -
Net Income, GAAP	-80	-59	-166	-172
- Preferred Dividends	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-80	-59	-166	-172
EBIT	-77	-76	-177	-199
EBITDA	-74	-72	-171	-177
EBITDA Margin (%)	-44.29	-36.64	-26.79	-26.37
EBITA	-77	-76	-177	-199
Gross Margin (%)	-1.06	6.22	7.66	3.78
Operating Margin (%)	-46.23	-38.96	-27.77	-29.69
Profit Margin (%)	-48.42	-30.22	-26.11	-25.65
Sales per Employee	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -
Depreciation Expense	3	5	6	22
Basic Weighted Avg Shares	8	2	8	9
Basic EPS, GAAP	-9.8	-31.24	-21.29	-19.91
Basic EPS from Cont Ops	-9.8	-31.24	-21.29	-19.91
Diluted Weighted Avg Shares	8	2	8	9
Diluted EPS, GAAP	-9.8	-31.24	-21.29	-19.91
Diluted EPS from Cont Ops	-9.8	-31.24	-21.29	-19.91

Balance Sheet (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y
Total Current Assets	65	297	333	178
+ Cash, Cash Equivalents & STI	43	234	183	97
+ Cash & Cash Equivalents	43	234	183	96
+ ST Investments	- -	- -	- -	1
+ Accounts & Notes Receiv	2	8	20	5
+ Accounts Receivable, Net	2	8	20	5
+ Notes Receivable, Net	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -
+ Inventories	18	49	123	41
+ Raw Materials	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -
+ Other Inventory	18	49	123	41
+ Other ST Assets	2	5	7	36
+ Misc ST Assets	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -
Total Noncurrent Assets	18	15	33	70
+ Property, Plant & Equip, Net	2	2	8	52
+ Property, Plant & Equip	3	4	10	55
- Accumulated Depreciation	1	2	2	3
+ LT Investments & Receivables	- -	- -	- -	1
+ LT Investments	- -	- -	- -	1
+ LT Receivables	- -	- -	- -	- -
+ Other LT Assets	16	13	25	17
+ Total Intangible Assets	6	7	9	13
+ Goodwill	- -	- -	- -	2
+ Other Intangible Assets	6	7	9	11
+ LT Deferred Tax Assets	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -
+ Misc LT Assets	10	7	16	5
Total Assets	83	312	366	248
+ Payables & Accruals	7	20	51	41
+ Accounts Payable	2	11	15	12
+ Accrued Taxes	2	2	14	4
+ Interest & Dividends Payable	- -	- -	- -	- -
+ Other Payables & Accruals	3	8	22	24
+ ST Debt	16	14	83	34
+ ST Borrowings	16	14	83	25
+ ST Finance Leases	- -	- -	- -	9
+ Other ST Liabilities	1	13	8	21
+ Deferred Revenue	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Misc ST Liabilities	1	13	8	21
Total Current Liabilities	24	47	142	95
+ LT Debt	9	- -	144	212
+ LT Borrowings	9	- -	144	163
+ LT Finance Leases	- -	- -	- -	49
+ Other LT Liabilities	7	28	4	- -
+ Accrued Liabilities	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -
+ Misc LT Liabilities	7	28	4	- -
Total Noncurrent Liabilities	15	28	148	212
Total Liabilities	39	75	290	308
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -
+ Share Capital & APIC	259	512	516	553
+ Common Stock	- -	- -	- -	- -
+ Additional Paid in Capital	259	512	516	553
- Treasury Stock	- -	- -	- -	- -
+ Retained Earnings	-215	-274	-441	-613
+ Other Equity	- -	- -	- -	- -
Equity Before Minority Interest	43	237	75	-60
+ Minority/Non Controlling Interest	- -	- -	- -	- -
Total Equity	43	237	75	-60
Total Liabilities & Equity	83	312	366	248
Shares Outstanding	8	8	8	17
Number of Employees	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	58
Net Debt	-18	-220	45	92
Net Debt to Equity	-42.06	-92.78	59.74	-153.94
Tangible Common Equity Ratio	48.85	75.48	18.52	-30.82
Current Ratio	2.69	6.34	2.34	1.87
Cash Conversion Cycle	- -	65.72	54.36	44.16

Cash Flow Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y
+ Net Income	-80	-59	-166	-172
+ Depreciation & Amortization	3	5	6	22
+ Non-Cash Items	26	-14	10	-30
+ Stock-Based Compensation	6	3	25	13
+ Deferred Income Taxes	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	31
+ Other Non-Cash Adj	19	-17	-16	-74
+ Chg in Non-Cash Work Cap	23	-17	-61	70
+ (Inc) Dec in Accts Receiv	2	-7	-12	18
+ (Inc) Dec in Inventories	25	-31	-74	88
+ (Inc) Dec in Prepaid Assets	-1	-4	-2	- -
+ Inc (Dec) in Accts Payable	-3	24	27	-23
+ Inc (Dec) in Other	- -	- -	- -	-13
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Operating Activities	-28	-86	-211	-110
+ Change in Fixed & Intang	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -
+ Acq of Fixed & Intang	-7	-5	-8	-5
+ Acq of Fixed Prod Assets	-2	-1	-8	-5
+ Acq of Intangible Assets	-5	-4	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	81
+ Cash from Divestitures	- -	- -	- -	96
+ Cash for Acq of Subs	- -	- -	- -	-15
+ Cash for JVs	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	-7	-10
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Investing Activities	-7	-5	-14	66
+ Dividends Paid	- -	- -	- -	- -
+ Net Cash From Debt	1	-15	213	-39
+ Cash From Debt	125	115	474	402
+ Repayments of Debt	-124	-130	-261	-441
+ Other Financing Activities	6	296	-29	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Financing Activities	7	282	184	-42
Effect of Foreign Exchange Rates	- -	- -	- -	- -
Net Changes in Cash	-28	191	-41	-86
EBITDA	-74	-72	-171	-177
EBITDA Margin (%)	-44.29	-36.64	-26.79	-26.37
Free Cash Flow	-35	-91	-219	-115
Net Cash Paid for Acquisitions	- -	- -	- -	-81
Free Cash Flow to Firm	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-102	-6	-154
Free Cash Flow per Basic Share	-4.23	-47.92	-27.98	-13.32
Price/Free Cash Flow	- -	- -	- -	- -
Cash Flow to Net Income	0.35	1.45	1.27	0.64
Capital Expenditures	-7	-5	-8	-5