MoveByBike
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | 2.1m | 2.6m | 2.6m | 1.5m | 1.6m |
% growth | 50 % | - | 590 % | 27 % | (3 %) | (41 %) | 6 % |
EBITDA | - | - | (1.4m) | (<1m) | (<1m) | (<1m) | - |
% EBITDA margin | - | - | (66 %) | (12 %) | (17 %) | (42 %) | - |
Profit | - | - | (2.5m) | (<1m) | (<1m) | (1.1m) | - |
% profit margin | - | - | (120 %) | (28 %) | (33 %) | (73 %) | - |
EV / revenue | - | - | - | - | 0.9x | 0.7x | - |
EV / EBITDA | - | - | - | - | -5.5x | -1.8x | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
SEK10.0m | Angel | ||
N/A | N/A | IPO | |
* | N/A | SEK27.5m | Post IPO Equity |
Total Funding | €1.1m |
Recent News about MoveByBike
EditMOVEBYBiKE operates in the urban logistics market, providing eco-friendly delivery services using bicycles. The company targets businesses and individuals seeking sustainable and efficient delivery solutions within city environments. By leveraging a dual infrastructure system, MOVEBYBiKE ensures quick and precise deliveries, reducing operational costs and enabling clients to offer competitive pricing at checkout. The business model revolves around a robust IT platform that supports riders and enhances customer experience, ensuring high standards of service. Revenue is generated through delivery fees charged to clients, which are optimized by the company's streamlined processes. MOVEBYBiKE's focus on sustainability and efficiency appeals to environmentally conscious customers and businesses looking to reduce their carbon footprint.
Keywords: urban logistics, bicycle delivery, sustainable, eco-friendly, dual infrastructure, IT platform, cost reduction, customer satisfaction, city environments, carbon footprint.