Greenmobility A/s · OMXCOP:GREENM
Greenmobility A/s — FY2023 Earnings Presentation
13 slides from Greenmobility A/s's earnings presentation, Mar 15, 2024
Slide 1: 2023 Annual Report
2023 ANNUAL REPORT 15 MARCH 2024
Slide 2: Important notice
Important notice This presentation does not constitute a prospectus and has been prepared for information purposes only and under no circumstances does it constitute the basis for a public offering. This document is not intended to be and does not constitute an offer, or a solicitation of any offer,
Slide 3: New Perspective & Market Trends
NEW PERSPECTIVE & MARKET TRENDS • Background • Coming from the “old” rental-industry • Early experiences with EV’s • Car owner ship is so last year • The first year with GreenMobility • Clear growth focus history – now changed for profit focus • Our task is clear => profitable growth 3
Slide 4: GreenMobility – Independent, Green Car-Sharing Provider
GreenMobility – INDEPENDENT, GREEN CAR-SHARING PROVIDER We seek to expedite the transition away from private car ownership in urban areas by providing the convenience of on-demand mobility – in a wholly sustainable manner 275,043 Total number of customers (December 2023) 1,167,474 Trips driven (2023
Slide 5: 2023 Highlights
2023 HIGHLIGHTS • Updated strategy – focusing on markets that are profitable or with the short-term outlook • Key focus on bringing GreenMobility to group profitability in 2024 • Close of SE, DE, NL & FI markets • Major competitor closed in Copenhagen • Re-financing of roughly 25% of the fleet for f
Slide 6: Average monthly revenue per car in Copenhagen
Average monthly revenue Fleet size was increased per car in Copenhagen in Q1-23 – resulting in drop in revenue per car 9,5 9,5 9,5 9,0 9,0 9,1 9,0 9,0 DEVELOPMENT IN 8,7 AVERAGE REVENUE 8,3 PER CAR IN 8,0 8,0 7,8 COPENHAGEN1 7,3 6,6 6,7 6,4 6,3 4,8 4,8 '19/Q1 '19/Q2 '19/Q3 '19/Q4 '20/Q1 '20/Q2 '20/Q
Slide 7: Average monthly revenue per car in Aarhus
Average monthly revenue per car in Aarhus Fleet size was increased DEVELOPMENT IN in Q1-23 – resulting in drop in revenue per car AVERAGE REVENUE PER CAR IN 7,0 AARHUS1 6,5 6,4 6,4 6,2 6,3 5,6 5,5 5,5 5,3 5,2 4,8 4,5 3,3 2,2 1,8 '20/Q1 '20/Q2 '20/Q3 '20/Q4 '21/Q1 '21/Q2 '21/Q3 '21/Q4 '22/Q1 '22/Q2 '
Slide 8: ESG & Sustainability
ESG & SUSTAINABILITY Our ESG & Sustainability Report has been published as well, as an integrated part of our Annual Report. GreenMobility continue to take active part in solving the pressing issues faced by modern cities: • Decrease CO2 emissions • Reduce private car ownership • Improve city enviro
Slide 9: Strategy Update - Copenhagen
STRATEGY UPDATE - COPENHAGEN • In November 2023, we announced our plan of significant expansion in Copenhagen to reach a fleet of 1,000 shared cars • Our main competitor withdrew from the market (with a fleet of 600 cars) • GreenMobility is now the market leader, and the only operator in free float
Slide 10: Strategy Update - Fleet
STRATEGY UPDATE - FLEET • We will continue to grow and develop our fleet of electric cars. • This will include more diversity in types of cars, for example premium cars, larger family size and similar. • We benefit from the market dynamics and supply of EV’s. When GreenMobility launched in 2016, the
Slide 11: Electric Fleet
ELECTRIC FLEET • The combined GreenMobility fleet is approximately 1,500 EV’s of which the majority are Renault Zoe’s • Driving more than 20 million km yearly, reducing more than 2,200 ton of CO2 • Reducing parking constraint on cities CORE FLEET The popular ride & main fleet. Small but large car, v
Slide 12: Guidance 2024: Driving Profitability and Sustainable Growth
GUIDANCE 2024: DRIVING PROFITABILITY AND SUSTAINABLE GROWTH • GreenMobility’s ambition is to become the first European electric vehicle operator to be profitable and thereby supporting the green transition in mobility – in a profitable OUR EXPECTATIONS FOR 2024 ON THE CONTINUING BUSINESS ARE: way •
Slide 13: Questions
Questions Contact: Group CEO Kasper Gjedsted kg@greenmobility.com +45 21 41 80 30 greenmobility.c om