micromobility.com Inc. Announces Second Quarter 2023 Financial Results
MICROMOBILITY.COM INC A (MCOM)
Company Research
Source: Business Wire
Steady first half revenue and operating efficiency demonstrate resilience and progressMobility remains robust, contributing majority of Q2 revenueSlashed financial liabilities by 21% in Q2 NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (“micromobility” or the “Company”) (NASDAQ: MCOM), a global pioneer in sustainable transportation and micromobility services, today reported its financial results for the quarter ended June 30, 2023 on Form 10-Q filed today with the U.S. Securities and Exchange Commission.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230814421289/en/Visit www.micromobility.comQ2 and 1H 2023 Business and Financial HighlightsOperationsTargeting financial self-sustainability and promising markets, exiting certain unattractive marketsTermination of non-core streaming contracts to channel resources into core competenciesFinancialFirst half revenue of $7.4 million, essentially unchanged from the year-earlier
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