GreenMobility

Today, GreenMobility released its financial report for 2022 and 2023 guidance. 2023 guidance was the focal point of the reporting, especially in light of its strategy transition from the start of the year.

GreenMobility is expected to publish its annual report for 2022 on 16 March 2023. Later the same day, you can meet and ask questions live to GreenMobility’s interim CEO and CFO Anders Wall, who will present the financial numbers and main achievements.

At the beginning of 2023, GreenMobility launched its new strategy, focusing on existing core markets and exiting the Swedish and German markets, relocating its vehicles to markets with a higher revenue per car. With this new focus, the investment case is highly dependent on GreenMobility’s ability to reach profitability. The company now expects to reach breakeven in late 2023 and reach profitability in 2024.

I denne uges QuickTake tager vi et kig på ugens højdespringere, herunder Green Hydrogen Systems, Bang & Olufsen, NTR Holding, WindowMaster og GreenMobility. Derudover kommer vi omkring Novo Nordisk og diskussionen om prissætningen.

This week, GreenMobility released a strategy update with more focus on profitability and cash preservation by focusing on its core markets. We hosted an event with GreenMobility's Interim CEO and Group CFO Anders Wall yesterday. In the event, he explained the plans laid out in the new strategy and what to expect.

HCA Market Close 10/01 2023 – GreenMobility launched its new strategic plan today, focusing on profitability.

This morning, GreenMobility announced a downward revision of 2022 guidance, the departure of the CEO, and a strategy change. The 2022 revenue is now expected to be in the range of DKK 95-100m (previously DKK 100-110m) and the result is now expected to be between DKK -80m to -75m (prev. DKK -70m to -60m).

GreenMobility A/S yesterday reported 56% growth in the third quarter, and confirmed the 2022 guidance, but also warns about challenges that consumers might pose some headwinds and drive changes. GreenMobility's board and management are currently considering making appropriate and prudent adjustments, with more focus on preserving cash. If decided, it will likely extend the expected timeline for reaching the aspirational levels in 2025..

The company confirms 2022 guidance, where revenue is expected to land at DKK 100-110 million and net result of DKK (60-70) million, but also acknowledge challenges on the input cost side, where an extra energy fee has been introduced. Furthermore, they monitor the consumer behavior closely.