DriveItAway reported Q2 2026 revenue of $377.5k (+129% YoY, +33.8% QoQ), but results were dominated by large non‑operating losses. Gross profit was $54.8k (14.5% margin). Operating loss was $144.7k (‑38.3% of revenue) and reported net loss was $1.52m (‑402.6% margin), driven by a $1.375m negative item in other income/expense and material interest expense. EBITDA was negative $144.7k. The operational business shows top‑line traction but weak margins relative to peers and significant one‑off or non‑operating items materially depressed the quarter. Investors should prioritise the driver of the other income/expense charge, the company’s cash and financing position, and path to sustainable margin improvement before revisiting exposure.
Key Performance Indicators
Revenue
Increasing
377.52K
QoQ: 33.76% | YoY: 129.10%
Gross Profit
Decreasing
54.80K
14.51% margin
QoQ: -34.68% | YoY: -22.03%
Operating Income
Decreasing
-144.70K
QoQ: -1,526.23% | YoY: -12.51%
Net Income
Decreasing
-1.52M
QoQ: -376.94% | YoY: -188.46%
EPS
Decreasing
-0.01
QoQ: -322.22% | YoY: -108.33%
Revenue Trend
Margin Analysis
Financial Highlights
Selected Q2 2026 metrics (USD): Revenue $377,522; Cost of revenue $322,725; Gross profit $54,797; Gross margin 14.5%; SG&A $73,621; Other expenses shown $125,878; Total operating expenses $199,499; Operating loss $144,702; EBITDA $(144,702); Total other income/(expense), net $(1,375,327); Income before tax $(1,520,029); Net income $(1,520,029); Diluted EPS $(0.01); Weighted average shares outstanding 121,525,082. YoY revenue +129.1%, QoQ revenue +33.8%. Note: balance sheet and cash flow line items are not included in the supplied extract—see company 10‑Q for full statement detail and notes.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
377.52K
129.10%
33.76%
Gross Profit
54.80K
-22.03%
-34.68%
Operating Income
-144.70K
-12.51%
-1,526.23%
Net Income
-1.52M
-188.46%
-376.94%
EPS
-0.01
-108.33%
-322.22%
Key Financial Ratios
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