VNV Global

VNV Global AB (publ) (“VNV Global” or the “Company”) portfolio company Voi, a leading European micromobility company, today published its second quarter report 2025 that included the following financial highlights:


Voi Financial Highlights Q2 2025

• Net revenue increased by 29% to EUR 46.8 (36.4) million year over year
• Vehicle profit margin increased by 0.8 pp to 60.4% (59.5%) year over year
• Adjusted EBITDA increased by EUR 3.5 million to EUR 10.0 (6.5) million year over year with an Adjusted EBITDA margin of 21.3% (17.9%)
• Adjusted EBIT increased by EUR 0.5 million to EUR 3.5 (3.0) million year over year
• EBIT increased by EUR 0.5 million to EUR 1.4 (1.0) million year over year.

Voi Financial Highlights 12 months ending Q2 2025 (LTM)

• Net revenues of EUR 149.0 million 
• Vehicle profit margin of 58.1%
• Adjusted EBITDA of EUR 24.7 million
• Adjusted EBIT of EUR 3.8 million 
• EBIT of EUR 2.4 million 

The quarter was Voi’s strongest Q2 ever, marked by a 53% year over year increase in rides and a 32% expansion in average fleet size. Voi expects to operate around 150,000 vehicles by year-end, serving millions of riders while continuing to generate healthy cash flows. Voi’s full press release and report is available through the following link.