I have been a private Taxi operator when I was a student so I have a few numbers. If I owned my own car and maintained it and wanted to work within a company structure, I would have paid 40% of my fare to them, this fell to what I earned as a driver of their vehicles to I took 25% of the fare, and was made up to minimum wage if business ran slow. If I took the owner route, on a typical short run of 2 miles my taxi rate without waiting times would have been £7, with £4.20 coming into my pocket. If I was working an UBER rate, I would charge £5.60 for that run with 80% coming back to my pocket which is £4.48. Added up over a night thats a bit extra in my pocket with the customers coming straight to me. I can also spend that time sitting in the rank waiting for customers the old fashioned way, and also have my mobile phone on for phone bookings and for UBER bookings. I can mark myself as unavailable if I am on a long run or just leave it on and use it like my normal scheduler. If I do a long run, between two twos which was another common run at the begining or end of an evening, a 20 mile journey in the cab would cost the customer £42 with £25 in my pocket, the UBER route, 31.50 with the same £25 in my pocket. The system only starts going in the Taxi companies favour on airport runs which would have netted 67.50 vs £61, but that a 50mile journey, and you can pick someone up pretty much 100% of the time to come back. From my point of view it works out much as such the same, I don't have to deal with drunk people and cash.