Mister Car Wash, Inc. Announces Audited Consolidated Earnings Results for the Quarter and Six Months Ended June 30, 2021
August 12, 2021 at 04:05 pm EDT
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Mister Car Wash, Inc. announced audited consolidated earnings results for the quarter and six months ended June 30, 2021. For the quarter, the company reported net revenues of $197,080,000 against $101,856,000 a year ago. Operating loss was $137,946,000 against operating income of $4,244,000 a year ago. Net loss was $110,300,000 against $8,754,000 a year ago. Basic and diluted net loss per share was $0.42 against $0.03 a year ago.
For six months, the company reported net revenues of $372,588,000 against $257,108,000 a year ago. Operating loss was $91,021,000 against operating income of $30,151,000 a year ago. Net loss was $85,716,000 against net profit $106,000 a year ago. Basic and diluted net loss per share was $0.33 against nil a year ago.
Mister Car Wash, Inc. is a car wash company. The Company is engaged in offering express exterior cleaning services, with interior cleaning services at select locations, across approximately 476 car wash locations in 21 states. Its car wash locations consist of two formats: Express Exterior Locations and Interior Cleaning Locations. All locations offer express exterior wash packages and have exterior-only lanes. Its every wash includes its T3 Cleaning Conditioner, Wheel Cleaner, and Dynamic Dry system. Express Exterior Locations offer self-drive exterior cleaning services and include free vacuums available for customer use. Interior Cleaning Locations offer exterior and interior cleaning services, including vacuuming by its team members. It offers a monthly subscription program, Unlimited Wash Club (UWC), as a flexible, quick and convenient option for customers to keep their cars clean. It serves a diverse mix of customers, which include individual retail customers and UWC Members.
MISTER CAR WASH, INC. 
