GreenMobility (One-pager): Pulling all levers to continue the profitable growth journey
Last week, GreenMobility released its 2024 results. The 2025 guidance indicates a continuation of the profitable growth journey they set out on at the beginning of 2024. We have updated our investment case one-pager with the recent news and financials. Besides looking into key investment reasons and key investment risks, we have also included some valuation perspectives.
For further details, you can also watch the recent Q4 2024 results presentation with GreenMobility's CEO Kasper Gjedsted here: https://www.inderes.dk/videos/greenmobility-presentation-of-the-2024-annual-report
Disclaimer: HC Andersen Capital receives payment from GreenMobility for a Digital IR/Corporate Visibility subscription agreement. CEO of HC Andersen Capital, Tue Østergaard, owns shares and is the Chairman of the Board of GreenMobility. /Michael Friis 12:00, 26-03-2025.
GreenMobility
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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