micromobility.com Inc.
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Price Chart
About the company
Micromobility. com Inc. offers software development services in Serbia.
- CEO
- Gian Luca Spirano
- IPO
- 2019
- Employees
- 28
- HQ
- New York, NY, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $18.44K
- P/E
- -0.01
- PEG
- 0.00
- P/S
- 0.01
- P/B
- -0.00
- EV/EBITDA
- -6.14
- Div Yield
- 0.00%
- Gross Margin
- -9.85%
- Op Margin
- -61.36%
- Net Margin
- -117.79%
- ROE
- 5.03%
- ROIC
- 3.18%
Latest fiscal year · YoY change
- Revenue
- $1.42M-85.6%
- Gross Profit
- $308.00K+101.6%
- Op Income
- $-2,303,000
- Net Income
- $8.15M+113.1%
- EPS
- $0.12+100.3%
- OCF Growth
- +77.3%
- FCF Growth
- +78.2%
- 52W High
- $0.02
- 52W Low
- $0.00
- 50D MA
- $0.00
- 200D MA
- $0.01
- Beta
- 0.04
- RSI (14)
- 24
- Avg Volume
- 51.52K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Management said Q3 was about pushing the business toward profitability by lowering fixed costs, scaling retail and long-term rental, and using Tampa as a blueprint for other markets.· November 15, 2023
- Tampa was presented as a proof point: management said the new model lowers operating burden by using a third party to handle operations.
- Retail stores and long-term rental services were described as key growth engines and a clearer path to profitability.
- Management emphasized aggressive cost cutting and moving work to partners so the company can invest more in stores and other projects.
- The company reiterated plans to pursue M&A, including a possible Hopium hydrogen-related deal, and said an update may come soon.
- No formal quarterly financial figures, EPS, revenue, or margin numbers were provided on this call.
No revenue, EPS, gross margin, or year-over-year financial figures were stated in the transcript. The main operational update was that Tampa launched "the past week," and management said the first few days showed a "super increase of rides and usage" of vehicles. For forward-looking commentary, management said the Tampa model could work "around United States," retail expansion should show more growth in the next "weak months," and the company is focused on profitability, cost reduction, and further M&A updates, potentially as soon as next week or Friday.
Salvatore Palella framed the call around rebuilding confidence, highlighting shareholder support for the 150:1 reverse split in December, the increase in authorized shares to support M&A, and the cancellation of expired Class B shares. He pressed the team on how Tampa, B2B, long-term rental, and cost cuts fit into the profitability plan, and repeatedly emphasized that the company is moving fast on strategic conversations and "shooting really big." His tone was promotional and determined, with an emphasis on aligning the company around one vision.
Gian Luca Spriano said the company is focused on "enhancing profitability and long-term financial stability" through cost management and revenue growth. He pointed to Tampa as a key example of lowering fixed costs by partnering with a third party to handle operations, saying this reduced a burden that had put the company in a potentially "dangerous" financial situation. He also said retail stores and long-term rental are growing, that subscriptions are increasing, and that the company is investing in technology and sustainable practices, but he did not provide hard financial figures.
The main questions were management-led rather than analyst-led: Palella asked how Tampa would drive profitability, how B2B and long-term rental can be more profitable, and how cost cuts will work. Spriano answered that Tampa was won after a legal process, that the third-party operating model lowers fixed costs, and that early usage in Tampa jumped quickly. On B2B and long-term rental, he said physical stores improve customer service and problem resolution, making the model easier to monetize and more efficient than prior operations.
The bullish case is that management believes it has found a more scalable, lower-cost operating model in Tampa that could be replicated nationally. They also see retail expansion, subscriptions, and long-term rental as growing sources of visibility and profitability, while M&A could add another strategic lever.
The biggest concern is that no formal financial results were shared, so investors were left without revenue, margin, or earnings evidence to support the profitability claims. Management also acknowledged the business previously carried a cost structure that could be "dangerous," and the reliance on future M&A, execution in new markets, and continued cost cutting adds risk.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 100.0%
- Shares Outstanding
- 92.21M
- Float Shares
- 92.21M
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| May 10, 23 | Palella Salvatore | buy | 15,722 |
| Dec 19, 22 | Ponzellini Massimo | other | 0 |
| Apr 27, 23 | STERN LEE D | buy | 79,662 |
| Jan 3, 23 | Palella Salvatore | buy | 650,000 |
| Dec 29, 22 | Palella Salvatore | buy | 1,568,249 |
| Nov 21, 22 | Palella Salvatore | buy | 4,019,293 |
| Nov 21, 22 | Palella Salvatore | buy | 4,019,293 |
| Nov 14, 22 | Profumo Giulio | buy | 51,498 |
| Nov 14, 22 | Palella Salvatore | buy | 155,530 |
| Oct 13, 22 | Palella Salvatore | buy | 200,000 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our MCOM coverage
Recent articles, reports, and earnings notes.
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Generate MCOM report →Salvatore Palella and micromobility.com Secure Major Court Victory: The U.S. District Court for the Southern District of New York Declines to Certify Class Action
businesswire.com · Jul 23
micromobility.com Inc. Announces Sale of Wheels Labs, Inc. to Overseas Moped Investment and Holding Pte Ltd.
businesswire.com · Aug 21
micromobility.com Inc. Announces Change in Control: Palella Holdings LLC Acquires 51% of MCOM Stock
businesswire.com · Jun 11
micromobility.com Inc. Announces Fiscal Year 2023 Financial Results, Embraces Strategic Efficiency Amidst Industry Challenges
businesswire.com · Apr 16
micromobility.com Inc. Continues Progress with Atlas Special Opportunities Amidst Nasdaq Delisting and Celebrates Hopium's Advancements
businesswire.com · Dec 21
Micromobility.com gets delisted from the Nasdaq
techcrunch.com · Dec 19
Dear MCOM Stock Fans, Mark Your Calendars for Dec. 20
investorplace.com · Dec 19
Why Are Stocks Up Today?
investorplace.com · Dec 19
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