MoveByBike

MoveByBike

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues<1m<1m2.1m2.6m2.6m1.5m1.6m
% growth50 %-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----0.9x0.7x-
EV / EBITDA-----5.5x-1.8x-

Source: Dealroom estimates

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DateInvestorsAmountRound

SEK10.0m

Angel
N/A

N/A

IPO
*
N/A

SEK27.5m

Post IPO Equity
Total Funding€1.1m

Recent News about MoveByBike

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More about MoveByBikeinfo icon
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MOVEBYBiKE 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.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by MoveByBike

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Bzzt
ACQUISITION by MoveByBike Oct 2023
Chainge
ACQUISITION by MoveByBike Jul 2024
Crosstown
ACQUISITION by MoveByBike Feb 2024
Cykelbudspoolen
ACQUISITION by MoveByBike Feb 2024