Greenmobility A/s · OMXCOP:GREENM
Greenmobility A/s — FY2022 Earnings Presentation
20 slides from Greenmobility A/s's earnings presentation, Mar 16, 2023
Slide 1: Annual Report 2022 Webinar
ANNUAL REPORT 2022 WEBINAR 16 MARCH 2023
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: 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 2016 / 2017 / 2020 250 million Launch / IPO First North / Market cap Nasdaq Ma
Slide 4: 2022 Highlights
2022 HIGHLIGHTS • Continued strong revenue growth, despite increasing external factors in H2 • Acquisition of Fetch Mobility in the Netherlands • Launch Düsseldorf & Cologne, Germany • Significant replacement and increase in the fleet • Introduction of premium segment electric cars • External factor
Slide 5: Market Conditions
MARKET CONDITIONS • 2022 proved challenging for many, and the effects became more evident in 2nd half of the year. • The external factors included: • Delay in delivery of new cars • General supply chain in automotive • Rising interest rates • Doubling of electricity/charging cost • Change in consume
Slide 6: Quarterly Performance 2022
QUARTERLY PERFORMANCE 2022 (DKK’000) Q1-2022 Q2-2022 Q3-2022 Q4-2022 FY2022 Revenue 19,046 23,346 26,424 28,494 97,310 Other operating income 298 516 197 378 1,389 External expenses (20,156) (22,170) (24,738) (27,875) (94,939) Gross profit/loss (812) 1,692 1,883 997 3,760 Staff costs (9,016) (8,558)
Slide 7: Re-focused Strategy
RE-FOCUSED STRATEGY • Early 2023, GreenMobility announced a strategic re-focus to preserve cash • Consolidation on its core markets, resulting in the closing of the Swedish and German markets • Cars have been moved to markets with higher revenue per car • Focus of operation going forward is on bring
Slide 8: ESG & Sustainability
ESG & SUSTAINABILITY Accumulated tonnes CO2 saved1 6.000 2022 ESG & Sustainability Report published as well, now 5.000 also with scope 3 reporting. 4.000 GreenMobility continue to take active part in solving the pressing issues faced by 3.000 modern cities: • Decrease CO2 emissions 2.000 • Reduce pr
Slide 9: Electric Fleet
ELECTRIC FLEET 0 100 200 300 400 500 600 700 Copenhagen • The combined GreenMobility fleet is approximately 1,600 EV’s of which Aarhus the majority are Renault Zoe’s • Driving more than 20 million km yearly, reducing more than 2,200 ton Finland of CO2 • Reducing parking constraint on cities Belgium
Slide 10: Our markets
GreenMobility P YOUR CITY. YOUR CAR’
Slide 11: Average monthly revenue per car in Copenhagen
Average monthly revenue per car in Copenhagen 9,5 9,5 9,5 9,0 9,0 9,0 DEVELOPMENT IN AVERAGE REVENUE PER CAR IN 8,0 8,0 7,8 COPENHAGEN1 7,3 6,6 6,7 6,4 6,3 5,7 5,5 5,1 4,9 4,8 4,8 4,6 3,8 Revenue per car was directly impacted by 2,5 Covid-19 effects that slowed down usage. 1,0 '17/Q1 '17/Q2 '17/Q3 '
Slide 12: Average monthly revenue per car in Aarhus
Average monthly revenue per car in Aarhus DEVELOPMENT IN AVERAGE REVENUE PER CAR IN 7,0 AARHUS1 6,5 6,4 6,4 6,2 6,3 5,6 5,3 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 '22/Q3 '22/Q4 Average Monthly Revenue per vehicle per quarter (DKK ’000s) 1) Calculated as
Slide 13: Average monthly revenue per car in Belgium
Average monthly revenue per car in Belgium 6,7 5,6 4,5 3,5 2,8 2,0 1,5 1,0 0,6 '20/Q4 '21/Q1 '21/Q2 '21/Q3 '21/Q4 '22/Q1 '22/Q2 '22/Q3 '22/Q4 Average Monthly Revenue per vehicle per quarter (DKK ’000s) 1) Calculated as revenue in the respective countries divided by the relevant fleet size (fixed thr
Slide 14: Average monthly revenue per car in the Netherlands
Average monthly revenue per car in the Netherlands 5,5 5,5 5,0 4,8 '22/Q1 '22/Q2 '22/Q3 '22/Q4 Average Monthly Revenue per vehicle per quarter (DKK ’000s) 1) Calculated as revenue in the respective countries divided by the relevant fleet size (fixed throughout period), excluding revenue from other a
Slide 15: Average monthly revenue per car in Finland
Average monthly revenue per car inFinland 5,0 4,8 4,3 3,6 3,7 3,3 3,0 2,7 '21/Q1 '21/Q2 '21/Q3 '21/Q4 '22/Q1 '22/Q2 '22/Q3 '22/Q4 Average Monthly Revenue per vehicle per quarter (DKK ’000s) 1) Calculated as revenue in the respective countries divided by the relevant fleet size (fixed throughout peri
Slide 16: Customer Usage
CUSTOMER USAGE 43% Use for social gathering 33% Use for going out 43% Use for going to/ from the airport 84% 72% 91% 7% 40% Use for visiting Customer Willing to walk Have Have sold car satisfaction further for Green recommended us 27% have family & friends omitted purchase 16
Slide 17: Looking ahead
Looking ahead
Slide 18: Guidance 2023
GUIDANCE 2023 Aspirations 2030 • We stay committed to our Aspiration for 2030, where OUR EXPECTATIONS FOR 2023 ARE: GreenMobility aims at becoming • Group revenue of DKK 135-145 million an European industry-leading – growth of 40-50% vs 2022 electric carsharer. • We will do this, while maintaining •
Slide 19: GreenMobility – Executive Management Team
GreenMobility – EXECUTIVE MANAGEMENT TEAM KASPER GJEDSTED ANDERS WALL GROUP CEO GROUP CFO Joined GreenMobility Joined GreenMobility in 2023 in 2017 Select experience: Select experience: CEO CEO Chief Commercial Officer CEO (Sweden & Denmark) CEO & Regional Director CEO Scandinavia / Baltics Marketin
Slide 20: Questions
Questions Contact: Group CFO & Head of ESG Anders Wall [email protected] +45 25 40 30 20 Linkedin.com/in/ anderswall greenmobility.c om