YAYO Stock Analysis
YA
Uncovered
EVMO Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
EVmo, Inc. is a holding company, which engages in the provision of fleet and inventory-based ride sharing services. The company is headquartered in Los Angeles, California and currently employs 35 full-time employees. The company went IPO on 2019-11-13. Itis a technology-enabled fleet management and rental company, which connects gig drivers with electric, hybrid, and delivery vehicles. The firm operates through its two subsidiaries, Rideshare Car Rentals LLC (Rideshare) and Distinct Cars, LLC. (Distinct Cars). Rideshare offers an online booking platform (the Rideshare Platform). Distinct Cars maintains a fleet of passenger vehicles and transit vans for use in the last-mile logistical space for rent to its customers who are drivers in the ridesharing and delivery gig industries. The company provides insurance coverage and issuing them insurance cards in their own names. Drivers can rent their vehicles using the Rideshare Platform, which enables them to check inventory and performance and review vehicle data. The firm offers mobile and Web applications for drivers and fleet owners. The Rideshare Platform is available on desktop, iPhone operating system (iOS), and Android devices.