GreenMobility – Presentation of Trading Update Q3 2022

On October 13th, GreenMobility will publish its 3rd quarter trading update for 2022. Watch and ask questions live as we run through the quarter’s results together with Group CFO Anders Wall.

Results for the first half of the year showed 61% top-line growth as well as a quarterly strong development in revenue per car across all countries and cities. The focus in Q3 will be on whether the latter continues considering that this can be partially explained by seasonality.

At the same time, the rollout of 650 new cars on the roads, which was primarily at the end of the H1 2022, could potentially dilute revenue per car. Furthermore, the focus will be on the development for the rest of the year, and like all companies across most industries, whether there are any effects of the inflationary environment and slowdown in economic growth.

GreenMobility is a Danish-based company in the Mobility-as-a-Service space. It operates a free-floating carsharing business of more than 1.000 electric vehicles across the European region, aspiring to grow that to around 10.000 in 2025.

Disclaimer: HC Andersen Capital receives payment from GreenMobility for a Corporate Visibility/Digital IR subscription agreement. /Michael Friis 04.25 PM 21.09-2022.  Tue Østergaard is the Chairman of GreenMobility and owns shares in the company.