DONKEY REPUBLIC REALIZES 73% REVENUE GROWTH IN 2021!
Financial highlights: €5m in total revenue - up 73% vs 2020
€1.4m in recurring revenue - up 50% vs 2020
Maas rider revenue increased +60% vs 2020
SaaS license ARR grew +60% vs 2020
SaaS bike and hardware sales grew +113% vs 2020
"It's been quite an adventurous year for us: on the one hand Covid-19 crisis kept dragging on late into the year, while on the other hand there's been increasing pressure on the supply chains. Nevertheless, Donkey has come out strong out of these events. Rider demand on our bike sharing service is stronger than ever. We have more new users in the second half of 2021 than before while at the same time retention has improved significantly. Our B2B and B2G pipeline has also grown in line with new heights with partner and city sales."
- Erdem Ovacik, CEO & CO-founder at Donkey Republic
Download the full report:
https://invest.donkey.bike/corporate-governance/financial-reports/
Donkey Republic har en betalt digital IR-aftale med ProInvestor.com
Financial highlights: €5m in total revenue - up 73% vs 2020
€1.4m in recurring revenue - up 50% vs 2020
Maas rider revenue increased +60% vs 2020
SaaS license ARR grew +60% vs 2020
SaaS bike and hardware sales grew +113% vs 2020
"It's been quite an adventurous year for us: on the one hand Covid-19 crisis kept dragging on late into the year, while on the other hand there's been increasing pressure on the supply chains. Nevertheless, Donkey has come out strong out of these events. Rider demand on our bike sharing service is stronger than ever. We have more new users in the second half of 2021 than before while at the same time retention has improved significantly. Our B2B and B2G pipeline has also grown in line with new heights with partner and city sales."
- Erdem Ovacik, CEO & CO-founder at Donkey Republic
Download the full report:
https://invest.donkey.bike/corporate-governance/financial-reports/
Donkey Republic har en betalt digital IR-aftale med ProInvestor.com
