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GreenMobility (One-pager): Third guidance upgrade – growth levers working

GreenMobility
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Yesterday, GreenMobility raised its full-year 2025 guidance for the third time this year, upgrading both revenue and EBITDA margins. The continued momentum strengthens the investment case by showing that the implemented growth levers are delivering results, with topline growth translating into higher profitability and highlighting strong operational gearing.

Annual revenue growth is now expected to reach 15–17% (previously 13–15%), while EBITDA is projected to grow by 42–47% (previously 32–42%), corresponding to an EBITDA upgrade of approximately 5–7%.

The new guidance implies flat to slightly declining revenue in Q4 2025, while EBITDA is expected to grow strongly by around 14% at the high end of the new range. More importantly, the upgraded guidance suggests EBITDA growth of DKK 2–3m alongside revenue growth of DKK 2.5–3m compared to the previous outlook, underlining the company’s significant operational leverage.

We have updated our investment case one-pager to incorporate the new guidance. In addition to refreshed key investment reasons and risks, the updated version also includes peer group perspectives for broader market context.

Disclaimer: HC Andersen Capital receives payment from GreenMobility for a Digital IR subscription agreement. CEO of HC Andersen Capital, Tue Østergaard, owns shares and is the Chairman of the Board of GreenMobility. /Michael Friis 13:00, 29. Oktober 2025.

GreenMobility is a Danish company in the Mobility-as-a-Service space. GreenMobility operates a free-floating carsharing business of more than 1,000 electric vehicles across larger cities in Europe, aspiring to grow this number to around 10,000 in 2025. More than 100,000 people have signed up on the service, and users have access to the GreenMobility cars through the GreenMobility app. With thousands of daily trips, GreenMobility helps reduce congestion in cities with a climate impact. GreenMobility is listed at OMXC Small Cap in Denmark. The share was transferred to the Nasdaq Main Market in December 2020 from Nasdaq First North.

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