Movebybike Europe AbNGM: MBBAB

MBBAB: Losses deepened despite new contracts and capital measures; financial risks remain high

· Issued by Movebybike Europe Ab

MoveByBike's H1 2024 saw stable sales but sharply increased losses and negative equity, despite securing major new contracts and restoring capital through settlements and a rights issue. Ongoing capital needs and cost control remain critical.

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