Mobility suffers lower profits due to higher costs

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According to the information obtained, Mobility also incurred additional costs for vehicle supply and delivery delays. The red car company’s profit totaled 1.4 million francs, after hitting a record 2.8 million francs the previous year. Thus, profits fell by almost 50 percent.

Last year, the company made sales of around 84 million Swiss francs. This corresponds to a 4% increase over the previous year. With 261,000 customers, the ridesharing company has over a quarter million customers for the first time. Compared to 2021, the number of Mobility users increased by almost 8 percent.

The cooperative explained this by moving away from the home office requirement. In particular, the area where commercial customers are located has developed positively and 150 new companies have been acquired as customers.

Despite the increase in customers, the future of the ridesharing company is bleak: Mobility expects higher prices and investment costs this year as well. According to the announcement, the company is committed to moving to electric vehicles, which will require more investment costs by 2030.

“Given the various crises around the world, these trends are likely to continue or intensify during this year,” the statement said.

(SDA)

Source :Blick