Getaround, Inc. (GETR) Cash Flow Statement
Where GETR’s cash came from and went, 2023
December 31, 2023 · U.S. dollars- Cash from operations
- −$132.5M
- Capital expenditures
- $3.4M 4.6% of revenue
- Free cash flow
- −$135.9M −187.0% margin
- Returned to shareholders
- $208.0M
- Change in cash
- $1.4M cash at year-end $67.9M
Drawn to scale: where the cash came from and how it was used. Hover for values.
GETR operating cash flow, capex and free cash flow
GETR cash flow trends, 2020–2023
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$149.9M2020 | −$132.5M2023 | — | |
| Capital expenditures | $367,0002020 | $3.4M2023 | +109.0%/yr | |
| Free cash flow | −$150.3M2020 | −$135.9M2023 | — | |
| Free cash flow margin | −255.9%2020 | −187.0%2023 | +69.0 pts | |
| Stock-based compensation | $2.6M2020 | $9.1M2023 | +51.1%/yr | |
| Share buybacks (net) | $53,0002020 | $5.3M2023 | +364.5%/yr | |
| Capex / revenue | 0.6%2020 | 4.6%2023 | +4.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GETR cash flow by activity
GETR net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
GETR cash flow statement
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | −$136.1M | −$136.1M | −$120.1M | −$165.1M |
| Depreciation & amortization | $10.1M | $10.1M | $12.0M | $14.7M |
| Stock-based compensation | $9.1M | $9.1M | $11.5M | $2.6M |
| Change in working capital | −$27.0M | −$27.0M | −$10.0M | −$30.9M |
| Other non-cash items | $11.3M | $11.3M | $25.5M | $28.7M |
| Cash from operating activities | −$132.5M | −$132.5M | −$81.0M | −$149.9M |
| Investing activities | ||||
| Capital expenditures | −$3.4M | −$2.3M | −$1.5M | −$367,000 |
| Investments (net) | −$13.5M | −$3.4M | −$1.1M | $416,000 |
| Acquisitions & other investing | $13.5M | $2.3M | $1.5M | $367,000 |
| Cash from investing activities | −$3.4M | −$3.4M | −$1.1M | $416,000 |
| Financing activities | ||||
| Dividends paid | −$202.7M | — | — | — |
| Share repurchases & issuance (net) | −$5.3M | −$5.3M | $0 | −$53,000 |
| Net borrowing (repayment) | $16.6M | $143.3M | $84.4M | $108.2M |
| Shares issued | $0 | $15.7M | $616,000 | $88.5M |
| Other financing | $329.6M | −$15.5M | $981,000 | −$46.1M |
| Cash from financing activities | $138.2M | $138.2M | $86.0M | $150.5M |
| Summary | ||||
| Net change in cash | $1.4M | $1.4M | $2.2M | $2.9M |
| Cash at end of period | $67.9M | $67.9M | $66.5M | $64.3M |
| Free cash flow | −$135.9M | −$135.9M | −$82.6M | −$150.3M |
| Free cash flow margin | −187.0% | −228.5% | −130.9% | −255.9% |
| Capex / revenue | 4.6% | 3.8% | 2.4% | 0.6% |
| Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | Dec '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$15.5M | −$12.0M | −$31.0M | −$33.5M | −$27.3M | −$30.3M | −$22.8M | −$35.5M | −$32.4M | −$39.4M | −$28.7M | −$34,680 |
| Depreciation & amortization | $1.9M | $2.8M | $3.9M | $4.2M | $4.1M | $3.3M | $2.5M | $2.5M | $2.3M | $3.0M | $2.8M | $2.8M |
| Stock-based compensation | $3.6M | $4.1M | $3.3M | $2.6M | $3.5M | $2.8M | $3.6M | $4.2M | $1.3M | $1.8M | $1.9M | $2.0M |
| Change in working capital | −$10.5M | −$1.3M | −$6.6M | $4.2M | −$5.7M | $13.0M | −$4.6M | −$28.9M | −$7.7M | $8.4M | $1.1M | $3.5M |
| Other non-cash items | $174,000 | −$6.9M | $19.2M | $10.3M | $10.0M | $4.1M | −$270,000 | −$11.6M | $9.9M | $10.0M | $2.5M | $43.9M |
| Cash from operating activities | −$20.3M | −$13.4M | −$11.1M | −$12.2M | −$15.3M | −$7.0M | −$21.6M | −$69.3M | −$26.6M | −$16.3M | −$20.4M | $52.2M |
| Investing activities | ||||||||||||
| Capital expenditures | −$72,000 | −$15,000 | −$909,000 | −$1.1M | −$1.3M | −$113,000 | −$396,000 | −$650,000 | −$515,000 | −$54,000 | −$1.1M | −$871,000 |
| Investments (net) | −$56,000 | −$10,000 | −$899,000 | −$1.1M | −$1.3M | −$8.9M | −$1.7M | −$1.7M | −$515,000 | — | — | — |
| Acquisitions & other investing | $72,000 | $15,000 | $909,000 | $1.1M | $1.3M | $113,000 | $396,000 | $650,000 | $515,000 | $108,000 | $0 | −$257.4M |
| Cash from investing activities | −$56,000 | −$10,000 | −$899,000 | −$1.1M | −$1.3M | −$8.9M | −$1.7M | −$1.7M | −$515,000 | $54,000 | −$1.1M | −$258.3M |
| Financing activities | ||||||||||||
| Share repurchases & issuance (net) | — | — | — | — | −$5.3M | — | — | — | — | — | — | — |
| Net borrowing (repayment) | $19.9M | $19.9M | $21.2M | — | $14.4M | −$287,000 | −$363,000 | $111.7M | $2.0M | $29.7M | −$84,000 | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | $0 | $0 | $2.8M | $5.3M | $0 | $0 | −$5.3M | $69,000 | $34,000 | $22,000 | $221.9M |
| Cash from financing activities | $19.9M | $19.9M | $21.2M | $2.8M | $14.4M | −$287,000 | −$363,000 | $106.5M | $2.0M | $29.7M | −$62,000 | $221.9M |
| Summary | ||||||||||||
| Net change in cash | −$64,000 | $6.3M | $8.9M | −$10.1M | −$2.5M | −$16.3M | −$23.4M | $37.1M | −$25.5M | $11.9M | $44.4M | −$47.3M |
| Cash at end of period | $30.8M | $30.9M | $24.5M | $15.6M | $25.8M | $28.3M | $44.5M | $67.9M | $30.8M | $56.3M | $44.5M | $120,785 |
| Free cash flow | −$20.4M | −$13.4M | −$12.0M | −$13.3M | −$16.7M | −$8.1M | −$23.2M | −$71.1M | −$27.1M | −$16.2M | −$21.5M | $53.0M |
| Free cash flow margin | −91.0% | −72.1% | −70.2% | −70.9% | −70.1% | −43.7% | −201.7% | −492.5% | −161.8% | −102.6% | −172.2% | 356.9% |
| Capex / revenue | 0.3% | 0.1% | 5.3% | 6.0% | 5.6% | 0.6% | 3.4% | 4.5% | 3.1% | 0.3% | 9.2% | 5.9% |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
GETR cash generation
In fiscal 2023 (ended December 31, 2023), Getaround generated -$132.5 million of cash from operations and spent $3.4 million on capital expenditures, leaving free cash flow of -$135.9 million, −187.0% of revenue. It returned $208.0 million to shareholders through dividends ($202.7 million) and net share buybacks ($5.3 million). Cash and equivalents rose by $1.4 million over the year.
Related: GETR income statement, GETR balance sheet. See the GETR stock overview for the latest quote and news.
GETR cash flow FAQ
What is Getaround's free cash flow?
Getaround's free cash flow was -$135.9 million in fiscal 2023: -$132.5 million of operating cash flow minus $3.4 million of capital expenditures It was -$135.9 million a year earlier..
How much cash does Getaround generate from operations?
Getaround generated -$132.5 million of cash from operating activities in fiscal 2023.
How much does Getaround spend on capital expenditures?
Getaround spent $3.4 million on capital expenditures in fiscal 2023, 4.6% of revenue, compared with $2.3 million the year before.
How much stock does Getaround buy back?
Getaround spent $5.3 million on net share repurchases in fiscal 2023.
How much does Getaround pay in dividends?
Getaround paid $202.7 million in dividends in fiscal 2023.