Company history/background
The brand was founded in 2013 and has consistently generated profits in every fiscal year. It operates in nine countries, with a strong retail presence in Spain and a growing online business across Europe.
A minimum of 33% of shares are sold
Share capital: 120K
Number of employees: 8
Markets: EU (Spain, France, United Kingdom, Ireland, Luxembourg, Iceland, Greece), Uruguay and New Zealand
Historical revenue figures:
2016: €638,000 EBIBTDA €6,000
2017: €686,000 EBIBTDA €26,000
2018: €708,000 EBIBTDA €24,000
2019: €1,050,000 EBIBTDA €90,000 *
2020 Forecast: €1,200,000 EBITDA €110,000
Valuation in February 2020 = €1,200,000
Company activities
Design, manufacture, sale and distribution of light electric vehicles.
Unique selling points
Low cost structure
Internationalized
Significant financing agreements with suppliers
Personal data
- MBI candidate
- Strategic acquisition
- Investor