micromobility.com Inc. (MCOM)
Micromobility.com Inc. offers software development services in Serbia. The company was formerly known as Helbiz, Inc. and changed its name to Micromobility.com Inc. in March 2023. Micromobility.com Inc. was incorporated in 2015 and is headquartered in New York, New York.
Sector: Services-Business Services, NEC
Industry: General Transportation
Micromobility.com Inc.
OTC:MCOMConsumer Cyclical · Auto - Recreational Vehicles
$0.0001
Mkt Cap$9K
Float83.38M
O/S92.21M
Vol
$ Vol
RVOL
Inst Own0.0%
SI<0.1%
Earnings
Dilution
Financials Summary
Revenue$1.42M
Net Income$8.15M
Total Assets$2.14M
Free Cash Flow-$8.51M
Debt & Equity
Total Debt$6.6M
Total Equity-$33.16M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:150Reverse splitDec 4, 2023150 shares → 1
Balance Sheet Details
Assets$2.14M
Liabilities$35.3M
Accounts Receivable$51K
Accounts Payable$1.79M
Inventory$0
PP&E (Net)$82K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $1.42M | $9.84M | $15.54M | $12.83M | $4.42M | $1.08M |
| YoY Growth | -85.6% | -36.6% | 21.1% | 190.5% | 309.5% | - |
| Cost of Revenue | $1.11M | $28.98M | $41.63M | $33.85M | $7.87M | $2.02M |
| Gross Profit | $308K | -$19.13M | -$26.09M | -$21.01M | -$3.45M | -$943K |
| Gross Margin | 21.7% | -194.3% | -167.9% | -163.7% | -78.1% | -87.4% |
| Research and Development | $0 | $2.44M | $2.74M | $2.83M | $1.6M | $445K |
| Selling, General, and Administrative | $2.53M | $25.75M | $34.28M | $35.29M | $14.88M | $108K |
| Other | $82K | $16.68M | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $2.61M | $44.88M | $37.02M | $38.11M | $16.49M | $108K |
| Operating Income (EBIT) | -$2.3M | -$64.01M | -$73.5M | -$59.12M | -$19.94M | -$108K |
| Operating Margin | -162.0% | -650.2% | -473.0% | -460.7% | -451.3% | -10.0% |
| Interest Expense | $3.07M | $6.01M | $7.14M | $4.29M | $2.23M | $0 |
| Interest Income | $0 | $202K | $655K | $0 | $0 | $401K |
| Other Income (Expense) | -$61K | $2.01M | -$8.55M | -$13M | -$4.62M | -$523K |
| Income Before Tax (EBT) | -$2.36M | -$62M | -$82.05M | -$72.12M | -$24.56M | -$631K |
| Income Tax Expense | $0 | $58K | $24K | -$150K | $14K | -$3K |
| Net Income | $8.15M | -$62.05M | -$82.07M | -$71.97M | -$24.57M | -$627K |
| Net Income Margin | 573.0% | -630.4% | -528.2% | -560.8% | -556.2% | -58.1% |
| Supplementary Data | ||||||
| EPS | 0.12 | -42.90 | -62.40 | -145.72 | -67.52 | -4.76 |
| Diluted EPS | 0.12 | -42.90 | -62.40 | -145.72 | -67.52 | -4.76 |
| Weighted Average OS | 67.98M | 1.45M | 1.32M | 497,252 | 370,200 | 131,786 |
| EBITDA | $844K | -$49.09M | -$67.05M | -$61.19M | -$19.97M | $165K |
| EBITDA Margin | 59.4% | -498.7% | -431.5% | -476.8% | -452.1% | 15.3% |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $84K | $128K | $429K | $21.14M | $757K | $471K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $84K | $128K | $429K | $21.14M | $757K | $471K |
| Accounts Receivable | $51K | $704K | $4.4M | $3.44M | $265K | $410K |
| Inventory | $0 | $0 | $2.37M | $4.58M | $671K | $0 |
| Other Current Assets | $1.6M | $992K | $5.7M | $5.75M | $326K | $34K |
| Total Current Assets | $1.74M | $3.03M | $11.24M | $32.02M | $2.02M | $506K |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $82K | $3.62M | $12.11M | $7.62M | $3.72M | $2.13M |
| Goodwill | $0 | $0 | $13.83M | $10.7M | $0 | $0 |
| Intangible Assets | $0 | $0 | $3.27M | $2.08M | $167K | $0 |
| Long-Term Investments | $0 | $0 | $32K | $110K | $4.07M | $57.59M |
| Deferred Tax Assets | $0 | $0 | -$32K | -$110K | -$4.07M | $3K |
| Other Long-Term Assets | $401K | $389K | $707K | $1.21M | $451K | $219K |
| Total Long-Term Assets | $401K | $4M | $29.91M | $21.6M | $4.34M | $57.6M |
| Other Assets | $0 | $0 | $0 | -$1K | $0 | $0 |
| Total Assets | $2.14M | $7.03M | $41.15M | $53.62M | $6.36M | $58.1M |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $1.79M | $22.99M | $22.09M | $7.99M | $2.97M | $86K |
| Short-Term Debt | $6.53M | $13.53M | $33.24M | $25.47M | $0 | $5.78M |
| Current Income Tax Payable | $0 | $440K | $1.11M | $0 | $0 | $0 |
| Current Unearned Revenue | $35K | $1.56M | $3.05M | $1.58M | $146K | -$6.94M |
| Other Current Liabilities | $25.86M | $6.34M | $6.19M | $30.93M | $9.33M | $2.01M |
| Total Current Liabilities | $34.45M | $48.09M | $70.73M | $43M | $13.49M | $86K |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $0 | $1.84M | $7.17M | $18.06M | $4.03M | $1.89M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $852K | $27K | $1.31M | $419K | $4.19M | $1.19M |
| Total Long-Term Liabilities | $852K | $2.75M | $10.27M | $18.48M | $8.22M | $3.08M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $35.3M | $50.83M | $81M | $61.47M | $21.71M | $3.16M |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $4.04M | $6.2M |
| Common Stock | $210.9M | $210.34M | $153M | $101.45M | $24.87M | $49.94M |
| Retained Earnings | -$243.21M | -$252M | -$189.94M | -$108.68M | -$36.22M | -$627K |
| Comprehensive Income & Other | -$848K | -$2.14M | -$2.9M | -$621K | $36K | -$2K |
| Other Stockholders' Equity | -$848K | -$2.14M | -$2.9M | -$621K | -$4M | $5.63M |
| Total Equity | -$33.16M | -$43.8M | -$39.85M | -$7.85M | -$15.35M | $54.94M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.14M | $7.03M | $41.15M | $53.62M | $6.36M | $58.1M |
| Supplementary Data | ||||||
| Total Debt | $6.6M | $16.77M | $5.25M | $18.06M | $4.03M | $7.67M |
| Net Debt | $6.51M | $16.65M | $4.83M | -$3.09M | $3.27M | $7.2M |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | ||||||
| Net Income | -$2.36M | -$62.05M | -$82.07M | -$71.97M | -$24.57M | -$627K |
| Depreciation & Amortization | $140K | $6.89M | $7.86M | $6.64M | $2.35M | $796K |
| Deferred Income Tax | $0 | $0 | $11.18M | $8.81M | $3.09M | -$3K |
| Stock-Based Compensation | $13K | $456K | $3.31M | $7.38M | $4.87M | $0 |
| Changes in Working Capital: | ||||||
| Accounts Receivable | $0 | $641K | -$894K | -$293K | $314K | -$410K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$115K | $1.27M | $7.73M | $6.97M | $1.05M | $0 |
| Other Working Capital | $417K | $5.32M | $4.01M | -$5.59M | -$824K | $51K |
| Total Working Capital Change | $302K | $7.23M | $10.85M | $1.08M | $536K | $51K |
| Other Non-Cash Items | -$6.6M | $10.01M | $5.77M | $5.07M | $2.32M | $523K |
| Net Cash from Operating | -$8.51M | -$37.47M | -$43.09M | -$42.99M | -$11.41M | -$57K |
| Investing Activities | ||||||
| Capital Expenditures | -$2K | -$1.26M | -$3.37M | -$9.71M | -$4.43M | -$1.91M |
| Acquisitions | $0 | $0 | -$3.17M | -$1.98M | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | -$57.5M |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$65K | -$235K | -$222K | -$347K | $1.38M | -$1.38M |
| Net Cash from Investing | -$65K | -$1.49M | -$6.54M | -$11.7M | -$3.05M | -$57.5M |
| Financing Activities | ||||||
| Debt Repaid | $109K | - | - | - | - | - |
| Common Stock Issuance | $564K | $54.19M | $3.17M | $923K | $6.81M | $1.68M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $7.03M | -$16.56M | $26.43M | $75.02M | $5.82M | $56.35M |
| Net Cash from Financing | $7.48M | $37.63M | $29.59M | $75.95M | $13.61M | $58.03M |
| Forex Effect | $1.34M | $740K | -$475K | -$797K | $27K | -$4K |
| Net Change in Cash | $254K | -$594K | -$20.52M | $20.46M | -$818K | $350K |
| Supplementary Data | ||||||
| Operating Cash Flow | -$8.51M | -$37.47M | -$43.09M | -$42.99M | -$11.41M | -$57K |
| Capital Expenditure | -$2K | -$1.49M | -$3.37M | -$9.71M | -$4.43M | -$1.91M |
| Free Cash Flow | -$8.51M | -$38.96M | -$46.47M | -$52.7M | -$15.84M | -$1.96M |
| Cash at Beginning | $143K | $737K | $21.25M | $790K | $1.61M | $121K |
| Cash at End | $397K | $143K | $737K | $21.25M | $790K | $471K |