Mobility Insights by Arturs Burnins, CEO of ATOM Mobility

Here’s a quick preview of the most interesting topics analyzed by Arturs Burnins in recent months:

?? Micromobility Sector: Ryde Technology Impressive Growth. One of the largest scooter-sharing operators, Ryde Technology (40,000 scooters across 40 cities), is experiencing tremendous growth with positive EBITDA!

?? Revenue jumped from €15.6M to €27.7M (+77%)

?? EBITDA soared from €2.7M to €11.4M (+322%)

All of this despite operating in the challenging Scandinavian climate. Curious about how they’re achieving this?

?? Read more: https://www.dhirubhai.net/posts/aburnins_rydes-ebitda-skyrockets-400-activity-7238814646462230528-7Qs_?utm_source=share&utm_medium=member_desktop

?? Latvia’s Car-Sharing Shake-Up: CarGuru is acquiring OX Drive , a car-sharing service that scaled from 40 to 200+ electric vehicles (mainly Teslas) in just two years!

? Quick facts about OX Drive from 2023:

- Revenue: 1,000,000 EUR

- Fleet size: 110 e-cars

- Revenue per car per month: 750 EUR

Find out how they grew so fast, their financial performance, and why this acquisition is significant for Latvia’s mobility landscape. ?

?? Learn more: https://www.dhirubhai.net/posts/aburnins_carguru-nop%C4%93rk-ox-drive-un-k%C4%BC%C5%ABst-par-liel%C4%81ko-activity-7234158862671495168-YFfp?utm_source=share&utm_medium=member_desktop

?? Getaround vs Turo: A Case of Execution in Car Sharing. Both companies started peer-to-peer car sharing around the same time, but the outcomes are starkly different. While Getaround struggles with losses and weak financials, Turo is thriving with impressive revenue and profitability:

??How did two similar businesses achieve such different results? Find out here: https://www.dhirubhai.net/posts/aburnins_profitable-car-rental-service-turo-is-still-activity-7189648023071703041-8IQl?utm_source=share&utm_medium=member_desktop

Stay tuned for more insights into the rapidly evolving mobility industry!

#SharedMobility #Micromobility #CarSharing #Entrepreneurship