VNV Global

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

Voi Financial Highlights Q3 2025

• Net revenue increased by 34% to EUR 57.5 (43.0) million year over year
• Vehicle profit margin remained stable at 62.9% (63.1%) 
• Adjusted EBITDA increased by EUR 3.6 million to EUR 16.4 (12.8) million year over year with an Adjusted EBITDA margin of 28.4% (29.7%)
• Adjusted EBIT increased by EUR 1.0 million to EUR 9.4 (8.4) million year over year 
• EBIT increased by EUR 0.7 million to EUR 8.1 (7.4) million year over year.

Voi Financial Highlights 12 months ending Q3 2025 (LTM)

• Net revenues of EUR 163.5 million 
• Vehicle profit margin of 58.5%
• Adjusted EBITDA of EUR 28.3 million
• Adjusted EBIT of EUR 4.8 million 
• EBIT of EUR 3.1 million

During the quarter, Voi’s cash flow from operating activities grew 67% year over year, reaching an all–time high of EUR 19.8 million. Voi’s full press release and report is available through the following link.