Move About Groups Acting CEO Olof Jonasson specifies goals for ongoing efficiency program

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In conjunction with the Q1 report, Move About presented a comprehensive efficiency program. In an interview with Mangold Insight published on June 2, 2022, this is quantified through the following statement: “The companys goal with the efficiency program is to reach cash-breakeven, at a monthly pace, already by the end of 2022, so that for 2023 we can continue to grow with assured profitability”.

Watch the full interview on our Investor Relations page.

For additional information

Olof Jonasson, CEO, Move About Group AB
Email: olof.jonasson@moveaboutgroup.com

+46790683811

Certified Adviser

Mangold Fondkommission AB is the Company's Certified Adviser and can be reached by phone, 08-5030 1550, and via e-mail, ca@mangold.se.

Move About Group AB in brief

Move About offers app-based, environment friendly, and cost-efficient mobility solutions to individuals, businesses, municipalities, and organizations. The Company has developed and owns all immaterial rights to the cloud-based green tech platform which gives digital access to electric cars, electric bikes, taxi, subway, and parking, all through the same app - around the clock. Every kilometer the user travels with the electric cars via the platform reduces CO2 emissions.

Move About offers app-based, environment friendly, and cost-efficient mobility solutions to individuals, businesses, municipalities, and organizations. The Company has developed and owns all immaterial rights to the cloud-based green tech platform which gives digital access to electric cars, electric bikes, taxi, subway, and parking, all through the same app – around the clock. Every kilometer the user travels with the electric cars via the platform reduces CO2 emissions.

The Company’s extensive mobility solutions is built upon the Move About-app which gives the user access to the Company’s pools of electric cars, bikes, and scooters. Move About also assists companies, municipalities, and organizations to optimize their vehicle fleets by tailoring mobility solutions based on needs.

Move About was founded in Oslo, Norway, 2007 and has over 58,500 users today on their platform, and over 730 electric cars in the Company’s vehicle fleet with presence in Sweden, Norway, and Germany.