Driveitaway Holdings, Inc. (DWAY)
DriveItAway Holdings, Inc. engages in the development of consumer-facing app and Web-based platform that enables car dealers to sell vehicles through eCommerce with its Pay as You Go app-based subscription program. It offers turnkey solutions, including driven program with proprietary mobile technology and driver app, insurance coverages, and training to dealerships in online sales opportunities. The company is based in Philadelphia, Pennsylvania.
Sector: Services-Educational Services
Industry: Rental & Leasing Services
DriveItAway Inc.
OTC:DWAYIndustrials · Rental & Leasing Services
+61.67%$0.0097
Mkt Cap$1.23M
Float56.95M
O/S127.07M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$988K
Net Income-$4.9M
Total Assets$680K
Free Cash Flow-$615K
Debt & Equity
Total Debt$2.98M
Total Equity-$8.5M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in DWAY's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$680K
Liabilities$9.18M
Accounts Receivable$43K
Accounts Payable$1.68M
Inventory$0
PP&E (Net)$585K
Goodwill$0
Intangible Assets$899
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 |
| Revenue | $988K | $461K | $307K | $56K | $119K | $3.04M | $4.52M | $2.42M | $2.46M | $3.24M | $5.71M |
| YoY Growth | 114.3% | 50.0% | 453.6% | -53.2% | -96.1% | -32.7% | 86.9% | -1.6% | -24.2% | -43.3% | - |
| Cost of Revenue | $1.46M | $323K | $239K | $39K | $38K | $1.15M | $1.84M | $851K | $1.31M | $1.69M | $2.9M |
| Gross Profit | -$469K | $138K | $69K | $17K | $81K | $1.89M | $2.67M | $1.57M | $1.14M | $1.55M | $2.81M |
| Gross Margin | -47.5% | 30.0% | 22.3% | 29.9% | 68.1% | 62.2% | 59.2% | 64.8% | 46.6% | 47.9% | 49.2% |
| Research and Development | $113K | $39K | $57K | $62K | $81K | $119K | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $286K | $399K | $774K | $1.14M | $661K | $1.3M | $720K | $1.73M | $1.76M | $3.82M | $3.18M |
| Other | $0 | $268K | $0 | $646 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $400K | $706K | $831K | $1.2M | $742K | $1.3M | $720K | $1.73M | $1.76M | $3.82M | $3.18M |
| Operating Income (EBIT) | -$869K | -$568K | -$762K | -$1.19M | -$661K | $585K | $1.95M | -$169K | -$614K | -$2.27M | -$370K |
| Operating Margin | -87.9% | -123.2% | -248.1% | -2135.1% | -557.5% | 19.3% | 43.2% | -7.0% | -25.0% | -70.1% | -6.5% |
| Interest Expense | $1.14M | $1.34M | $301K | $750K | $15K | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $12 | $0 | $0 | $0 | $0 | $87 | $3K | $7K |
| Other Income (Expense) | -$4.03M | -$1.68M | -$168K | -$290K | -$15K | $35K | $63K | -$50K | -$53K | -$100K | -$72K |
| Income Before Tax (EBT) | -$4.9M | -$2.25M | -$930K | -$1.48M | -$676K | $620K | $2.02M | -$219K | -$666K | -$2.37M | -$441K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $3 | $3 | $365K | -$560K | -$129K |
| Net Income | -$4.9M | -$2.25M | -$930K | -$1.48M | -$676K | $620K | $2.02M | -$219K | -$1.03M | -$1.82M | -$457K |
| Net Income Margin | -496.2% | -487.7% | -302.7% | -2657.9% | -569.8% | 20.4% | 44.7% | -9.1% | -42.0% | -56.1% | -8.0% |
| Supplementary Data | |||||||||||
| EPS | -0.04 | -0.02 | -0.01 | -0.01 | -0.01 | 0.05 | 0.17 | -0.02 | -0.09 | -0.15 | -0.04 |
| Diluted EPS | -0.04 | -0.02 | -0.01 | -0.01 | -0.01 | 0.04 | 0.17 | -0.02 | -0.09 | -0.15 | -0.04 |
| Weighted Average OS | 114.24M | 110.28M | 106.46M | 105.91M | 106.54M | 13.40M | 12.04M | 12.01M | 12.01M | 12.00M | 11.95M |
| EBITDA | -$3.62M | -$854K | -$592K | -$717K | -$547K | $733K | $2.13M | -$167K | -$609K | -$2.32M | -$400K |
| EBITDA Margin | -366.1% | -185.2% | -192.7% | -1291.2% | -460.9% | 24.1% | 47.2% | -6.9% | -24.8% | -71.5% | -7.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $40K | $34K | $5K | $127K | $10K | $448K | $540K | $103K | $332K | $439K | $2.7M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $40K | $34K | $5K | $127K | $10K | $448K | $540K | $103K | $332K | $439K | $2.7M |
| Accounts Receivable | $43K | $1K | $12K | $6K | $21K | $278K | $282K | $207K | $360K | $682K | $760K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $19K | $0 | $0 | $0 | $0 | $43K | $0 | $0 | $136K |
| Total Current Assets | $82K | $38K | $35K | $144K | $31K | $949K | $1.07M | $383K | $765K | $1.24M | $3.61M |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $585K | $775K | $184K | $149K | $26K | $132K | $324K | $177K | $260K | $299K | $284K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $899 | $6K | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $101K | $101K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $184K | $59K | $60K | $87K |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $343K | $3K |
| Other Long-Term Assets | $12K | $249K | $0 | $0 | $426K | $514K | $773K | $1K | $38K | $1K | $11K |
| Total Long-Term Assets | $598K | $1.03M | $196K | $149K | $452K | $645K | $1.1M | $362K | $358K | $805K | $485K |
| Other Assets | -$40 | $0 | $0 | $0 | -$452K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $680K | $1.07M | $231K | $293K | $31K | $1.59M | $2.16M | $745K | $1.12M | $2.05M | $4.09M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $1.68M | $994K | $665K | $198K | $133K | $70K | $108K | $161K | $148K | $172K | $119K |
| Short-Term Debt | $2.87M | $1.91M | $1.17M | $750K | $60K | $25K | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $16K | $3K | $9K | $2K | $698K | $915K | $986K | $0 | $0 | $188 | $36K |
| Other Current Liabilities | $4.48M | $1.47M | $36K | $150K | $7K | $95K | $0 | $97K | $268K | $515K | $742K |
| Total Current Liabilities | $9.07M | $4.37M | $1.88M | $1.1M | $229K | $1.11M | $1.22M | $273K | $434K | $687K | $898K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $112K | $540K | $307K | $298K | $287K | $107K | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $2.3M | $3.38M | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $114K | $0 | -$6K | $0 | -$107K | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $112K | $655K | $307K | $292K | $287K | $2.3M | $3.38M | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $9.18M | $5.03M | $2.19M | $1.39M | $517K | $3.41M | $4.6M | $273K | $434K | $687K | $898K |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $230 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $12K | $11K | $11K | $11K | $1K | $1K | $1K | $1K | $1K | $1K | $1K |
| Retained Earnings | -$10.46M | -$5.56M | -$3.31M | -$2.38M | -$905K | -$4.77M | -$5.39M | -$2.39M | -$2.17M | -$1.14M | $676K |
| Comprehensive Income & Other | $0 | $0 | -$0 | -$0 | -$1K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $1.95M | $1.59M | $1.35M | $1.27M | $419K | $2.96M | $2.95M | $2.86M | $2.86M | $2.5M | $2.52M |
| Total Equity | -$8.5M | -$3.96M | -$1.95M | -$1.1M | -$485K | -$1.82M | -$2.44M | $472K | $689K | $1.36M | $3.19M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $680K | $1.07M | $231K | $293K | $31K | $1.59M | $2.16M | $745K | $1.12M | $2.05M | $4.09M |
| Supplementary Data | |||||||||||
| Total Debt | $2.98M | $2.45M | $1.48M | $1.05M | $347K | $120K | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $2.94M | $2.41M | $1.48M | $921K | $337K | -$328K | -$540K | -$103K | -$332K | -$439K | -$2.7M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 |
| Operating Activities | |||||||||||
| Net Income | -$4.9M | -$2.25M | -$930K | -$1.48M | -$676K | $620K | $2.02M | -$219K | -$1.03M | -$1.81M | -$312K |
| Depreciation & Amortization | $145K | $57K | $37K | $8K | $115K | $113K | $116K | $52K | $57K | $54K | $41K |
| Deferred Income Tax | $0 | $0 | -$133K | -$459K | -$102K | $0 | $0 | $0 | $343K | -$262K | -$78K |
| Stock-Based Compensation | $258K | $0 | $15K | $288K | $404K | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$41K | $10K | -$6K | $15K | -$6K | -$340K | -$17K | -$513K | $146K | -$34K | -$527K |
| Inventory | $0 | $0 | $5K | $83K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $634K | $330K | $438K | $32K | $23K | -$38K | -$53K | -$16K | -$24K | $52K | -$263K |
| Other Working Capital | $23K | $42 | $7K | $2K | $15K | -$993K | -$1.62M | -$88K | -$196K | -$300K | $257K |
| Total Working Capital Change | $615K | $340K | $444K | $133K | $32K | -$1.37M | -$1.69M | -$617K | -$74K | -$282K | -$533K |
| Other Non-Cash Items | $3.41M | $1.43M | $122K | $678K | -$13K | $935K | $260K | $1.39M | $608K | $196K | $1.18M |
| Net Cash from Operating | -$478K | -$424K | -$445K | -$828K | -$240K | -$306K | $398K | -$26K | -$87K | -$2.19M | -$572K |
| Investing Activities | |||||||||||
| Capital Expenditures | -$137K | -$643K | -$67K | -$158K | -$21K | $0 | -$119K | -$193K | -$19K | -$69K | -$8K |
| Acquisitions | $171K | $0 | $0 | $70K | $0 | $100K | $146K | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$6K | $0 | $3K | -$6K | $12K | -$11K | $0 | $0 | $70K |
| Net Cash from Investing | $34K | -$643K | -$73K | -$88K | -$18K | $94K | $39K | -$203K | -$19K | -$69K | $62K |
| Financing Activities | |||||||||||
| Debt Repaid | -$372K | -$954K | -$422K | -$1.16M | -$150K | -$79K | - | - | - | - | - |
| Common Stock Issuance | $77K | $23K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$18K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $1K | $100K | -$8K | -$129K | $71K | $34K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $450K | $1.08M | $414K | $1.03M | $221K | $120K | $0 | $0 | $0 | $0 | -$18K |
| Forex Effect | $0 | $0 | $0 | $0 | $18K | $121K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $6K | $10K | -$104K | $117K | -$19K | -$92K | $437K | -$229K | -$107K | -$2.26M | -$528K |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$478K | -$424K | -$445K | -$828K | -$240K | -$306K | $398K | -$26K | -$87K | -$2.19M | -$572K |
| Capital Expenditure | -$137K | -$643K | -$73K | -$158K | -$21K | $0 | -$119K | -$193K | -$19K | -$69K | -$8K |
| Free Cash Flow | -$615K | -$1.07M | -$518K | -$985K | -$261K | -$306K | $279K | -$218K | -$107K | -$2.26M | -$580K |
| Cash at Beginning | $34K | $23K | $127K | $10K | $29K | $540K | $103K | $332K | $439K | $2.7M | $3.23M |
| Cash at End | $40K | $34K | $23K | $127K | $10K | $448K | $540K | $103K | $332K | $439K | $2.7M |