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Helbiz, Inc. Company profile

About Helbiz Inc

Helbiz, Inc. (Helbiz), formerly GreenVision Acquisition Corp, is engaged in providing shared micro-mobility solutions for urban areas. The Company offers a diverse fleet of vehicles, including e-scooters, e-bicycles and e-mopeds all on one platform, Helbiz, in approximately 35 cities around the world. The Company's users can unlock the vehicles as required by clicking a button from their smartphones, helping people move within cities. Helbiz's urban lifestyle products and services includes live streaming services (Helbiz Live), food delivery services (Helbiz Kitchen), HelbizMoped, Helbiz One and Mobility Analytics. Mobility Analytics is engaged in providing a data-driven solution for urban mobility challenges. The Company’s mobile application (App) is available on Apple App Store and Google Play.

Financial summary

BRIEF: For the six months ended 30 September 2021, Helbiz Inc revenues increased from $2.4M to $7.7M. Net loss applicable to common stockholders increased from $13M to $36.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects General and administrative - Balancing v increase from $3.3M to $11.3M (expense).