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Helbiz, Inc. (NASDAQ: HLBZ) announced that CEO Salvatore Palella purchased 2,044,676 shares of Class A Common Stock for $2,019,935, representing approximately 6% of the company's common stock. This acquisition reflects Palella's commitment to the company's future and success. He emphasizes the firm's focus on reducing costs, streamlining processes, and key performance indicators moving forward. Helbiz operates in micro-mobility services, offering e-scooters, e-bicycles, and e-mopeds across over 40 global cities, leveraging advanced technology for operations.
Helbiz (NASDAQ: HLBZ), a leader in micro-mobility, will participate virtually in the Credit Suisse 2022 Mobility Forum on June 21, 2022. The management team will engage in one-on-one and group meetings with institutional investors, emphasizing the company's innovative fleet management and expansion into diverse services including food delivery and financial services. Founded in 2015 and headquartered in New York City, Helbiz operates a diverse fleet of e-scooters, e-bicycles, and e-mopeds across over 40 cities globally.
Helbiz Inc. (Nasdaq: HLBZ) reported robust financial results for Q1 2022, showcasing a 226% revenue increase to $3.3 million year-over-year. Mobility revenue surged by 55% to $1.6 million, driven by a rise in pay-per-ride and a 76% growth in Helbiz Unlimited subscriptions. Quarterly Active Platform Users jumped 66%, with trip volumes up 58%. Media revenue also showed promise, totaling $1.7 million. The company is exploring potential M&A opportunities and expanding into new markets, supported by a recent $10 million funding through convertible notes.
Helbiz Inc. (NASDAQ: HLBZ) announces its first quarter 2022 results will be reported on May 16, 2022, following market closure. A press release will precede the results, providing detailed information and additional materials. Interested participants can join the earnings call at 4:30 p.m. EST by dialing 1-866-524-3160 (toll-free) or 1-412-317-6760 (international). Helbiz, a leader in micro-mobility, operates e-scooters, e-bicycles, and e-mopeds through a user-friendly platform, with over 40 licenses globally.
Helbiz (NASDAQ: HLBZ) is expanding its operations into Charlotte, NC, next month by introducing up to 600 e-scooters and adaptive vehicles, which include a wheelchair attachment and a sit-down three-wheeled device. This initiative aims to enhance micro-mobility accessibility and is part of the city’s push for equity. A safety event will be held on April 28th to demonstrate the new vehicles and offer promotional discounts. Helbiz continues to innovate within the micro-mobility space while addressing community needs.
Helbiz (NASDAQ: HLBZ) has partnered with Flee, a long-term electric car rental service from Aon Mobility Solutions, to enhance its app's transportation offerings in Italy. Starting now, users can lease electric vehicles alongside existing options like e-scooters and e-bikes. This collaboration aims to create an integrated mobility ecosystem focused on sustainability and efficient transportation solutions. The partnership reflects Helbiz's commitment to providing diverse mobility options to its customers.
Helbiz reported significant growth in its 2021 financial results, with total revenue reaching $12.8 million, a 190% increase from $4.4 million in 2020. Mobility revenue surged 135% to $9.9 million, representing 77% of total revenue. Active users grew 80% and trips increased by 123%. Helbiz Unlimited subscriptions rose 246%, and new media services contributed 22% of revenue. The company ended the year with $21.1 million in cash. Looking ahead, Helbiz aims to expand its fleet and enhance technology to improve customer experience.
Helbiz Media, a part of the Helbiz group listed on Nasdaq (HLBZ), announced the rollout of Helbiz Live on Amazon Prime Video Channels, starting in Italy. This service was made possible through recent technology integration and will be fully available by April 7th. Subscribers will gain access to Serie B Championship content, including up to 390 games for the regular season and playoffs over three seasons. The subscription includes a seven-day free trial, costing €5.99 monthly thereafter.
Helbiz Inc. (NASDAQ: HLBZ) will announce its full year 2021 results on April 14, 2022, after market close. The company, known for its micro-mobility services, will provide details through a press release and a live webcast. Investors can access the results via its investor relations website. Helbiz has established itself as a leader in micro-mobility with over 40 licenses globally, offering a range of vehicles and expanding services to include food delivery and financial services. The call will begin at 4:30 p.m. EDT.
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