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home / news releases / YAYO - YayYo reports Q1 results; reaffirms FY22 revenue guidance


YAYO - YayYo reports Q1 results; reaffirms FY22 revenue guidance

YayYo press release (OTC:YAYO): Q1 cash and cash equivalents totaled $11.0M as of March 31, 2022, up from $1.9M as of December 31, 2021. Revenue of $2.5M (+8.7% Y/Y) misses by $1.24M. The Company expects full-year 2022 revenue to be between $18.2M and $19.4M vs. consensus of $18.70M with full-year gross margins of between 36% and 40% before vehicle depreciation.

For further details see:

YayYo reports Q1 results; reaffirms FY22 revenue guidance
Stock Information

Company Name: EVmo Inc
Stock Symbol: YAYO
Market: NYSE
Website: evmo.com

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