GreenMobility (One-pager): Signs of delivering on profitable growth journey
After last week’s Q1 2024 trading update, we have updated GreenMobility’s investment case one-pager with the recent development in valuation multiples. The one-pager highlights GreenMobility’s new strategic direction, focusing solely on the Danish markets and profitable growth. We also cover key investment reasons as well as key investment risks.
With GreenMobility's 50% growth in revenue and an improvement in losses for the continuing operations compared to last year, Q1 2024 showed signs of delivering on the new strategy, which is expected to take the company on a profitable growth path going forward.
You can also watch the presentation of the Q1 2024 presentation with GreenMobility’s CEO Kasper Gjedsted here: https://www.inderes.dk/videos/greenmobility-presentation-of-q1-2024-trading-report
Disclaimer: HC Andersen Capital receives payment from GreenMobility for a Digital IR/Corporate Visibility subscription agreement. CEO of HC Andersen Capital, Tue Østergaard, is Chairman of GreenMobility and owns shares in the company. /Michael Friis and Kasper Lihn 13:00, 22 April 2024.
GreenMobility
GreenMobility er en dansk virksomhed inden for Mobility-as-a-Service området. GreenMobility driver en delebilsvirksomhed med mere end 1.000 elektriske køretøjer på tværs af større byer i Europa, og stræber efter at vokse dette antal til omkring 10.000 i 2025. Mere end 100.000 mennesker har tilmeldt sig tjenesten, og brugerne har adgang til GreenMobility-bilerne gennem GreenMobility-appen. Med tusindvis af daglige ture hjælper GreenMobility med at reducere trængsel i byer med en klimapåvirkning. GreenMobility er noteret på OMXC Small Cap i Danmark. Aktien blev overført til Nasdaq Main Market i december 2020 fra Nasdaq First North.
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