Prabin Joel Jones
prabinjoel.bsky.social
Prabin Joel Jones
@prabinjoel.bsky.social
Asymmetry hunter | Building Cogo, Micromobility Industries and Mayten | co-founded Freshkart, KYTE and e-motionlabs (acquired by BOND Mobility)

{Views my own}
A city in Europe is planning to ban one of these because their cops can't catch criminals escaping in one of them.

I bet you won't be able to guess which one!
February 3, 2026 at 10:31 AM
JET recently issued Kazakhstan's first green bonds at 20% interest on the Astana International Exchange as a private company, raising $6.5 million USD.
December 10, 2024 at 12:39 PM
At the end of 2023, JET had $1.32m cash in hand, up from $91k in 2022.

Based on 10-month data, JET’s 2024 revenues are projected to be $11.89m, up ~70% compared to 2023, with $2.58m EBIT.

They expect to have 35.5k vehicles this year, up from 23.8k vehicles in 2023
December 10, 2024 at 12:39 PM
GMV for 2023 was $17.02m, up 120% from 2022. GMV from their franchise model is expected to double in 2024 to $18.24m.

Similar to what we noticed at Ryde Technology and SWING, JET’s G&A expenses were low, at just 13% of their revenues.
December 10, 2024 at 12:39 PM
24k shared e-scooters and 24% EBIT in 2023 🚀 : Presenting you Kazakhstan based JET Sharing!

Founded in 2021, JET is Central Asia’s largest operator, with 35k+ e-scooters across seven countries.

oftheday.substack.com/p/jet-posts-...
December 10, 2024 at 12:39 PM
Donkey Republic’s stock is up 14.4% Year to date, and now has a marketcap of €22.68m, trading at ~1.1x expected 2024 revenue or ~9.2x expected 2024 EBITDA.
December 2, 2024 at 1:31 PM
Monthly revenue per bike increased by 15% to €105, while the average fleet size grew by 9% to 21.7k.

Donkey Republic has reduced their guidance for 2024, and they expect:
Revenue: ~€18m to €19.5m
EBITDA: €2.1m to €2.8m
EBIT: -€540k to €130k
December 2, 2024 at 1:31 PM
In Q3 2024, shared micromobility operator Donkey Republic reported €6.83m in revenue, up 25% and €2.4m EBITDA, up ~60%!

Here is everything you need to know:
December 2, 2024 at 1:31 PM
Apple had the highest number of disengagement reports for AV with a driver in California.

Either #Apple was much more transparent than other Autonomous Vehicle companies, or Apple had terrible tech.
November 26, 2024 at 5:58 AM
Damn! FreeNow lost €1.6B so far to generate just 56.8m revenue in 2023 🤯

Now, don't tell me that there is no cash available in Europe.

FreeNow needs to go back to the drawing board, restructure the company aggressively to survive.

oftheday.substack.com/p/freenow-16...
November 19, 2024 at 9:00 AM
E-bikes are eating into classic bike sales. This time, in Honolulu!

x.com/OTDToday/sta...
November 18, 2024 at 2:30 PM