EVmo

EVmo

Price comparison and booking of ridesharing and taxi services.

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DateInvestorsAmountRound
-investor

€0.0

round
N/A

€0.0

round
N/A

€0.0

round
*

N/A

Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2019202020212022
Revenues0000000000000000
% growth-10 %34 %23 %
EBITDA0000000000000000
% EBITDA margin(23 %)(26 %)(49 %)(10 %)
Profit0000000000000000
% profit margin(57 %)(46 %)(146 %)(57 %)
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000
R&D % of revenue--2 %2 %

Source: Company filings or news article

More about EVmo
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EVmo, Inc. operates as a technology-enabled fleet management and rental company, primarily serving the rideshare and delivery industries. The company focuses on providing environmentally friendly vehicle options, including electric and hybrid cars, to gig economy drivers. EVmo's business model revolves around offering affordable, low monthly membership fees and rates, with convenient rental locations and reliable, comfortable vehicles. The company's app-based functionality allows drivers to monitor charge and range, and manage vehicle operations such as engine start, stop, lock, and unlock. By offering incentives and bonuses for using electric vehicles, EVmo helps drivers increase their earning potential. The company generates revenue through membership fees and rental rates, catering to both higher and lower economic categories with innovative policies and programs. EVmo aims to bridge the gap between rideshare drivers in need of suitable vehicles and rideshare companies that rely on attracting and retaining drivers.

Keywords: fleet management, rental company, gig economy, electric vehicles, hybrid vehicles, rideshare, delivery, app-based functionality, incentives, sustainable transport.

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