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- EUR7 million Adjusted EBITDA for FY2025, accomplishing success for the very first time
- Robust Q4 efficiency with enhancement in underlying economics and margins
- Continued momentum in Q1 2026 with tender wins in a number of essential cities
- EUR85 million financing raised in Q4 throughout Nordic Bond and Series D Extension
- 45,000 extra brand-new automobiles purchased, on track for prepared release in Q2 2026
- Profits expectations for FY 2026 of EUR30-40 million Adjusted EBITDA declared
|
Q4 |
FY |
|||
|
2025 |
2025 |
|||
|
Avg. Fleet Available |
K |
155 |
162 |
|
|
Rides |
K |
17,405 |
76,854 |
|
|
Rides per Lorry each day (RpAV) |
# |
1.22 |
1.30 |
|
|
Net Income per Lorry each day (NRVD) |
EUR |
2.73 |
2.88 |
|
|
Net Income |
EURM |
39.2 |
173.3 |
|
|
Net Income Development YoY % |
% |
( 6 %) |
( 16 %) |
|
|
Direct Market Contribution |
EURM |
9.0 |
47.1 |
|
|
DMC Margin % |
% |
23 % |
27 % |
|
|
Changed EBITDA |
EURM |
0.5 |
7.2 |
|
|
Changed EBITDA Margin % |
% |
1 % |
4 % |
|
|
EBITDA |
EURM |
( 0.4 ) |
( 3.2 ) |
|
|
EBITDA Margin % |
% |
( 1 %) |
( 2 %) |
- Net Income of EUR39.2 million, (6%) YoY due mainly to market exits previously in the year
- More powerful lorry economics, with RpAV +6% greater and NRVD +5% YoY
- DMC margin enhanced to 23% supported by lower repaired functional expense
- HQ costs decreased to EUR8.5 m; reorganizing mostly finished with some overflow into Q1
- Changed EBITDA enhanced to EUR0.5 million earnings as expense savings streamed through
- Net Income EUR173.3 million, (16%) YoY, after prepared market exits and one‑off user churn
- DMC margin stayed durable at 27%, supported by functional performance gains
- Changed EBITDA enhanced to EUR7.2 million earnings as HQ expenses decreased to EUR39.8 m
- EBITDA (EUR3.2 million), with exceptionals of EUR10.4 million mostly associated to restructuring
- Net Interest Bearing Financial obligation EUR53.4 million, consisting of EUR31.4 million Money and Money Equivalents
The favorable momentum apparent in Q4 2025 has actually been brought into 2026, with tender wins in essential cities and continued strong efficiency in Paris driven by our brand-new e-bikes. With brand-new automobiles currently beginning to be released in Germany, Belgium, the UK, and Finland, and on track for complete release within Q2 throughout our essential city clusters, we prepare to reproduce this effect throughout additional markets in 2026. Appropriately, we declare our Adjusted EBITDA expectation for FY 2026 in line with the formerly interacted series of EUR30– 40 million.
Maxim Romain, CEO of Dott, commented:
” 2025 was a transformational year for Dott. We streamlined the organisation, cut expenses substantially, and constructed a leaner, more scalable platform. Q4 was a strong surface to the year as the effect of this work began to display in our outcomes. We have actually brought this momentum into the start of 2026 and, with release of our brand-new automobiles now underway, we have the ideal platform to provide a strong year ahead.”
Raoul Gatzen, Group CFO of Dott, included:
” We take pride in the turning points accomplished in 2025, having actually provided the very first favorable Adjusted EBITDA in Dott’s history and enhanced our balance sheet through the Nordic Bond issuance and equity raise. With the revolving credit center in location, expense savings streaming through completely and the brand-new fleet being released in 2026, we are well placed to drive margin growth and more powerful money generation.”
Dott is the European champ of shared micromobility. Developed through the merger of operators TIER and Dott in March 2024, the business chose to move on under the name of Dott and incorporated all automobiles into the Dott app. With the objective of moving us closer, the group is led by CEO Maxim Romain and Executive Chairman of the Board Henri Moissinac. Dott helps with sustainable travel, minimizes blockage and contamination in cities, and reduces dependence on automobiles. With more than 200,000 shared automobiles in more than 400 cities throughout 20 nations in Europe and the Middle East, the 12 million users have actually produced 500 million trips up until now. For more details, check out www.ridedott.com
