Shared scooter startup Voi reports its first profitable year as it explores an IPO
Voi, a leading micromobility company in Europe, achieved its first profitable year in 2024 with €132.8 million in net revenue.
MAIN POINTS
- Voi reported its first profitable year in 2024.
- The company operates shared e-scooters and e-bikes in over 100 European markets.
- Voi's net revenue for 2024 was €132.8 million ($138 million).
- Adjusted earnings for the year amounted to €17.2 million.
TAKEAWAYS
- Voi's profitability marks a significant milestone in the micromobility industry.
- The company's success highlights the growing demand for shared e-scooters and e-bikes.
- Expansion across Europe contributed to Voi's financial achievements.
- Voi's financial performance may influence future investments in micromobility solutions.