Micromobility.com Inc

Earnings data Q3 2021

Earnings data Q4 2021

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micromobility.com, Inc. is an intra-urban transportation company, which engages in the provision of transportation, specifically addressing first and last mile transport. It combines expertise in retail, shared services, and vehicle rentals to revolutionize urban transportation. The firm operates across the US and Europe, the holding group encompasses shared micromobility solutions through Helbiz Inc., vehicle rentals via Wheels Labs Inc. and e-commerce and planned brick-and-mortar stores via the micromobility.com brand. It provides eco-friendly, affordable solutions and enhancing global accessibility. The firm sets the standard for professional excellence in the micromobility landscape. It operates through the following segments: Mobility, Media, and All Other. The Mobility segment covers the mobility offering that allows consumers to move around the city using green and electric vehicles such as scooters, bikes and mopeds. Mobility also includes partnership and sponsorship agreements. The Media segment represents the commercialization of media rights to professional partners (B2B), and content offerings allow consumers to watch live events on the App Helbiz Live (B2C). The All Other segment consists of the delivery offerings and a licensing agreement. The company was founded by Salvatore Palella in 2015 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (OTCPINK: MCOM), a global player in innovative transportation solutions, today announced its financial results for the year ended December 31, 2023. Amid a tough year for the micromobility sector, the Company showcased strategic resilience and focus, steering the company toward long-term stability and advancement. Total Net Revenues for the year amounted to $9.8 million, reflecting a 37% decrease from the previous year, primarily due to the stra.

micromobility.com Inc. Announces Fiscal Year 2023 Financial Results, Embraces Strategic Efficiency Amidst Industry Challenges

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (OTC: MCOM) micromobility.com Inc. reaffirms its ongoing, constructive dialogue with Atlas Special Opportunities, emphasizing that the Nasdaq delisting has not impacted the progress of their collaboration. Concurrently, the company highlights Hopium's significant advances in securing a potential partnership with a prominent Asian industrial group, a move that aligns with micromobility.com Inc.'s vision for sustainable urban transportation. CEO S.

micromobility.com Inc. Continues Progress with Atlas Special Opportunities Amidst Nasdaq Delisting and Celebrates Hopium's Advancements

Bird Rides

Investors have given up on Bird Global and Micromobility.com, but their troubles might benefit privately owned Lime.

Electric Scooter Stocks Hit a Wall

Micromobility.com, formerly Helbiz, was delisted from the Nasdaq on Monday as a result of the company's noncompliance with the stock exchange's listing rules, according to a regulatory filing. Competitor Bird — the only other shared micromobility company to brave the public markets — was also delisted from the stock exchange in September.

Micromobility.com gets delisted from the Nasdaq

Another struggling stock won't live to see 2024. Micromobility.com (NASDAQ: MCOM ) has been on quite the losing streak lately, shedding almost all its value in one month.

Dear MCOM Stock Fans, Mark Your Calendars for Dec. 20

Micromobility.com (NASDAQ: MCOM ) stock is falling on Tuesday after the urban transportation company provided an update on a delisting notice. Shares of MCOM stock are currently facing delisting from the Nasdaq Exchange.

Why Is Micromobility.com (MCOM) Stock Down 45% Today?

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (“micromobility.com” or the “Company”) (Nasdaq: MCOM), a leader in innovative urban transportation solutions, today announced that on December 18, 2023, the Company received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that trading of its common stock and warrants will be suspended as of the opening of business on December 20, 2023 (the “Delisting Letter”), and, accordi.

micromobility.com Inc. to Address Nasdaq Delisting Notice; Postpones Special Meeting and Withdraws Reverse Split Request

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (NASDAQ: MCOM) in a strategic move to bolster its executive team and strengthen its path to profitability, today announced the confirmation of Gian Luca Spriano as its Chief Financial Officer (CFO). This announcement follows closely on the heels of a significant financial achievement where the company successfully reduced its debt burden, enhancing its financial stability and setting a firm course for future profitability. Gian Luca Spriano, who.

micromobility.com Inc. Appoints Gian Luca Spriano as CFO, Embarking on a Bold Management Restructuring for Future Success and Plan for Profitability

Micromobility.com (NASDAQ: MCOM ) stock is rising higher on Monday after the transportation company succeeded in reducing its debt by $9.25 million. Micromobility.com reached an agreement with lenders to forgive its outstanding debt, as well as all accrued and unpaid interest.

MCOM Stock Alert: The $9.25 Million Reason Micromobility.com Is Up Today

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (NASDAQ: MCOM) announces a landmark achievement in its financial strategy, significantly reducing its debt and setting a course for profitability. The Company has successfully implemented a Settlement and Release Agreement, leading to a major reduction in its debt burden. On November 27, 2023, micromobility.com Inc. entered into a Settlement and Release Agreement with Securis Investment Partners LLP, acting as an administrative agent for the len.

micromobility.com Inc. Slashes Debt by $9.25 Million in Strategic Financial Triumph

NEW YORK--(BUSINESS WIRE)--Building on the success of the Helbiz and Wheels apps, micromobility.com Inc. (NASDAQ: MCOM) proudly unveils its newest innovation – the micromobility.com App - The Micromobility Hub. This platform is a groundbreaking step towards sustainable urban living, combining vehicle purchases, retail interaction, and community engagement. We are excited to announce that the app is available for immediate download globally on the App Store and Google Play, with shipping options.

micromobility.com - Elevating Urban Transport with Online Retail and Community Features

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (Nasdaq: MCOM). As the CEO of micromobility.com Inc., I Salvatore Palella, feel it's crucial to directly address our shareholders. Herein lies my letter, outlining the company's strategic initiatives and steadfast commitment towards our collective success. Dear Valued Investors, As of December 4, 2023, with the execution of our reverse split, I would like to seize this opportunity to share with you the strategic vision driving micromobility.com.

Steering Ahead: micromobility.com Inc.'s Strategic Path to Profitability and Market Expansion.

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (Nasdaq: MCOM), a leading innovator in the field of sustainable urban transportation, is pleased to announce the appointment of Velco Farina as its newest independent board member of the audit committee of the board of directors of the company. With a distinguished career spanning multiple continents and industries, Mr. Farina brings a wealth of experience and expertise to the micromobility.com team. Originally trained as an Industrial Engineer,.

micromobility.com Appoints Velco Farina as New Board Member

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (Nasdaq: MCOM), a pioneer in the urban transportation industry, previously announced that its shareholders approved a reverse stock split of its common stock at a ratio of 150-for-1 (the “Reverse Stock Split”) on November 13, 2023. This change is slated to take effect immediately upon the market opening on the Nasdaq Capital Market (“Nasdaq”) on December 4, 2023 (the “Effective Date”). On the Effective Date the company's common stock will begin.

Micromobility.com Inc. Announces Reverse Stock Split

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (NASDAQ: MCOM), a disruptive leader in the micro-mobility sector, today announced its Q3 2023 financial results, underscoring continued strategic progress and operational efficiency. Key Financial Highlights: - 9-Month 2023 Revenue, approximately $9.0 million. - Q3 2023 Revenue, approximately $1.5 million. - Operating Expenses: 66% reduction comparing Q3 2023 with Q3 2022. - Q3 2023 Net Loss approximately $9.5 million, showing a decrease of 61%.

Micromobility.com Inc. demonstrates Fiscal Resilience and Progress in Q3 2023

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (the “Company”) (NASDAQ: MCOM), a leader in innovative urban transportation solutions, today made several significant announcements following its Special Meeting of Stockholders and a recent financial arrangement. Firstly, shareholders authorized a reverse stock split of the Company's issued and outstanding common stock. Upon authorization of the reverse stock split proposal the board of the Company's approval for a one-for-one-hundred-fifty (1:.

Micromobility.com Inc. Announces Shareholder Approval for Strategic Reverse Split and Expansion of Share Capital

NEW YORK--(BUSINESS WIRE)--Helbiz, a subsidiary of Micromobility.com Inc. (NASDAQ: MCOM), is proud to announce its strategic expansion into the U.S. market, starting with a profit-driven micro-mobility service in Tampa. Helbiz is one of only two scooter operators granted the opportunity to redefine urban transport in Tampa, FL, with a permitted fleet of 1,500 scooters. This launch signifies a major milestone in Helbiz's U.S. strategy, highlighting a shift towards sustainable profitability in th.

Helbiz Signals New Profitable Chapter in U.S. Micro-Mobility with Tampa Introduction

NEW YORK--(BUSINESS WIRE)--Micromobility.com (Nasdaq: MCOM) a leader in innovative urban transportation solutions, today announced it has received an extension from the Nasdaq Hearings Panel to continue its listing on the Nasdaq Capital Market. This decision is subject to the company meeting specific compliance criteria within designated timeframes. The Nasdaq Hearings Panel has stipulated that Micromobility.com Inc. must meet all the continued listing requirements, including the Bid Price and.

Micromobility.com Inc. Granted Extension for Continued Listing on Nasdaq

Micromobility (NASDAQ: MCOM ), the electric scooter and e-bike outfit formerly called Helbiz, will invest in Hopium, a French start-up hoping to build a hydrogen-powered car. The news sent MCOM stock up 17% on Oct. 17 and a little higher early this morning, Oct. 18.

MCOM Stock Alert: Micromobility.com Is Making a BIG Bet on Hydrogen

NEW YORK--(BUSINESS WIRE)--Micromobility.com (NASDAQ: MCOM) a frontrunner in sustainable urban transportation and micro-mobility solutions, is making strides towards a greener future by signing a Letter of Intent (LOI) with Atlas Special Opportunities regarding Hopium (ALHPI.PA). Micromibility.com is negotiating with Atlas Special Opportunities a deal whereby Micromobility could become an important and long-term shareholder of Hopium. By the terms of this letter, Micromobility.com's investment.

Micromobility.com Takes a Further Step in Its Development Focusing on the Hydrogen Sector With Hopium

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (NASDAQ: MCOM) with Wheels, a prominent player in the micromobility industry and a subsidiary of Micromobility.com, is thrilled to announce a significant uptick in subscriptions following the successful opening of its flagship Soho store. The company is now set to expand its operations into key markets, including Los Angeles, Seattle, Miami, and Austin. With a strong focus on customer experience and convenience, Wheels has been driving the shift.

Wheels, a Leading Micromobility Company, Sees a Surge in Subscriptions Following Soho Store Success and Announces Expansion Plans in LA, Seattle, Miami, and Austin

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc.(“micromobility” or the “Company”) (NASDAQ: MCOM), a leader in the thriving micromobility sector, today announces a strategic leadership transition aimed at propelling the Company into a new era of profitable growth. After five years at the helm as Chief Financial Officer (CFO), Giulio Profumo has decided to transition out of his role at micromobility.com Inc. Effective immediately, Gian Luca Spriano will step into the role of interim Chief Finan.

micromobility.com Inc. Announces Leadership Transition to Drive Profitable Growth

NEW YORK--(BUSINESS WIRE)--Dear Esteemed micromobility.com Shareholders, I wish to acknowledge and address the concerns you may have regarding the performance of Micromobility's stock ($MCOM). Your investment is not merely financial capital; it embodies a profound trust in our vision, a responsibility I carry with the utmost seriousness as your CEO. Operational Shift and Milestones Ahead: A Pivotal Transition First and foremost, let's address a major point that many of you have inquired about:.

A New Era Unfolds: Micromobility's Commitment to Shareholders and Vision for the Future

Micromobility.com Inc. (NASDAQ:MCOM ) Q2 2023 Results Conference Call August 14, 2023 5:30 PM ET Company Participants Gary Dvorchak - MD, The Blueshirt Group Salvatore Palella - Founder and CEO Giulio Profumo - CFO Operator Thank you for standing by, and welcome to the micromobility.com Inc. Second Quarter 2023 Earnings Conference Call. As a reminder, today's program will be recorded.

Micromobility.com Inc. (MCOM) Q2 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (“micromobility” or the “Company”) (NASDAQ: MCOM), a global pioneer in sustainable transportation and micromobility services, today reported its financial results for the quarter ended June 30, 2023 on Form 10-Q filed today with the U.S. Securities and Exchange Commission. Q2 and 1H 2023 Business and Financial Highlights Operations Targeting financial self-sustainability and promising markets, exiting certain unattractive markets Termination of.

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