micromobility.com (MCOM) AI Stock Analysis

• Market Cap: $544.07K
• Dividend Yield: N/A
• Average Volume (3M): 207.56K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.31
• Revenue Growth: -77.14%
• EPS Growth: 99.94%
• Country: US
• Employees: 27
• Sector: Consumer Cyclical
• Sector Strength: 74
• Industry: Auto - Recreational Vehicles
• EPS (TTM): >-0.01
• Shares Outstanding: 92,214,640
• 10 Day Avg. Volume: 98,575
• 30 Day Avg. Volume: 207,556
• PEG Ratio: <0.01
• Price to Book (P/B): >-0.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.04
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 27 Underperform
• Price Target: ―

The overall stock score of 27 reflects significant financial instability, characterized by declining revenues, negative profit margins, and reliance on external financing. The absence of technical indicators and a negative valuation further exacerbates the company's risk profile. The lack of earnings call data and corporate events limits insight into potential future improvements, maintaining a cautious outlook.

micromobility.com Business Overview & Revenue Model

Company Description

Micromobility.com Inc., an intra-urban transportation company, provides micro-mobility services in Italy and the United States. The company operates through Mobility, Media, and All Other segments. It offers e-scooters, e- bicycles, and e-mopeds. The company provides a sharing economy that allows users to rent electric vehicles directly from the Helbiz mobile application. It is also involved in the acquisition, commercialization, and distribution of contents, such as live sport events; and provision of Helbiz Kitchen, a delivery-only ghost kitchen restaurant that specializes in preparing meals. The company was founded in 2015 and is headquartered in New York, New York.

How the Company Makes Money

Micromobility.com (MCOM) generates revenue primarily through the rental of its electric scooters and bicycles. The company employs a pay-per-use model, where users are charged based on the duration or distance of their ride. Additional revenue streams include subscription plans offering unlimited rides for a fixed monthly fee, advertising partnerships allowing brands to display ads on vehicles, and collaborations with cities to provide integrated transportation solutions. MCOM also sells data analytics services derived from user travel patterns to urban planners and municipalities to assist in infrastructure development and traffic management. Strategic partnerships with local governments and commercial entities further bolster its market presence and contribute to its earnings.

micromobility.com Financial Statement Overview

Summary

Micromobility.com faces significant financial challenges, with substantial declines in revenue, persistent operational losses, and a highly leveraged balance sheet. The company is heavily reliant on financing to support its cash flow needs, posing a risk if external financing becomes limited or expensive. While there are some improvements in free cash flow, the overall financial health remains precarious.

Income Statement

The company's income statement reveals a challenging financial situation. There is a significant decline in total revenue from $15.54M in 2022 to $0 in 2024. The gross profit margin and net profit margin are negative, indicating unprofitable operations. Despite a positive net income in 2024, this is due to extraordinary or non-recurring items rather than operational success. The EBIT and EBITDA margins remain negative, emphasizing ongoing operational struggles.

Balance Sheet

The balance sheet shows a troubling picture with negative stockholders' equity, increasing from -$7.85M in 2021 to -$33.16M in 2024. The equity ratio is highly negative, and the company has no debt, which suggests reliance on equity financing. The return on equity is not meaningful due to negative equity. These factors indicate significant financial instability and potential solvency issues.

Cash Flow

Cash flow analysis reveals negative operating cash flow throughout the years, with an improving trend in free cash flow from -$46.47M in 2022 to -$2.18M in 2024. The company shows a high reliance on financing activities to cover its cash flow deficits, which is a potential risk if external funding conditions change. The free cash flow to net income ratio is not meaningful due to inconsistent income figures.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	9.84M	15.54M	12.83M	4.42M
	Gross Profit
-1.11M	-19.13M	-26.09M	-21.01M	-3.45M
	EBIT
-2.30M	-64.01M	-73.50M	-59.12M	-19.94M
	EBITDA
-2.30M	-49.09M	-67.05M	-61.19M	-19.97M
	Net Income Common Stockholders
8.15M	-62.05M	-82.07M	-71.97M	-24.57M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
84.00K	128.00K	429.00K	21.14M	757.00K
	Total Assets
2.14M	7.03M	41.15M	53.62M	6.36M
	Total Debt
6.60M	1.39M	5.25M	18.06M	4.03M
	Net Debt
6.51M	1.26M	4.83M	-3.09M	3.27M
	Total Liabilities
35.30M	50.83M	81.00M	61.47M	21.71M
	Stockholders Equity
-33.16M	-43.80M	-39.85M	-7.85M	-15.35M
Cash Flow		Free Cash Flow
-2.18M	-38.96M	-46.47M	-52.70M	-15.84M
	Operating Cash Flow
-2.18M	-37.47M	-43.09M	-42.99M	-11.41M
	Investing Cash Flow
-65.00K	-1.49M	-6.54M	-11.70M	-3.05M
	Financing Cash Flow
7.48M	37.63M	29.59M	75.95M	13.61M

micromobility.com Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MCOM, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.41 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MCOM.

micromobility.com Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$6.97B	11.36	2.77%	3.91%	2.66%	-22.00%
SDOT	58 Neutral	$7.77M	1.21	26.62%	―	16.65%	―
REE	45 Neutral	$25.30M	―	-220.85%	―	―	―
LVLU	44 Neutral	$17.17M	―	-179.00%	―	-11.33%	-183.48%
GGR	41 Neutral	$77.94M	―	-66.13%	―	-10.52%	-118.68%
MCOM	27 Underperform	$544.07K	―	-0.23%	―	-77.14%	99.94%
FFAI	27 Underperform	$111.29M	―	-186.28%	―	8.52%	98.75%

micromobility.com Corporate Events

Micromobility.com CEO Transition and Debt Reassignment

Micromobility.com company announced the transfer of its debt from YA II PN, Ltd. to Palella Holdings, LLC, a related party where Salvatore Palella, the former CEO and controlling shareholder, has a major interest. This assignment involved approximately $3,447,000 from a convertible promissory note and $5,750,000 under a loan agreement. On the same day, Salvatore Palella resigned as CEO and Gian Luca Spriano was appointed as the new CEO. Spriano brings experience as the former CFO and head of business development, with a strong background in international law and climate initiatives.