SHARE Conference Series: December 5, 2022, at 10:00 am ET
|52 Week Range||$0.12-$0.80|
|Avg. Daily Vol. (30 day)||143,352|
|Shares Out (MM)||69.7|
|Market Cap (MM)||$15.9|
|Enterprise Value ($MM)||17.97|
|Revenue TTM (MM)||$11.45|
|Fiscal Year End||December|
Steve Sanchez, CEO of EVmo, Inc. will present at the Shareholder Access and Retail Engagement (SHARE) Conference Series on Monday, December 5, 2022, at 10:00 am ET.
Graham Mattison, Senior Research Analyst at Water Tower Research, will moderate the session.
Shareholder Access and Retail Engagement (SHARE) is a platform that gives investors access to company managements through virtual fireside chats. The SHARE Series was founded by Dan Aldridge III, Managing Partner of Asbury Investor Relations.
Water Tower Research is an investor engagement and stakeholder communication platform powered by Wall Street veterans with significant experience and credibility. We create, deliver, and maintain the information flow required to build and preserve relationships between companies and all their stakeholders and investors. “Research for the other 99%™” opens the door for every investor to stay informed and ensures transparency, better engagement, and equal communication.
EVmo is at an inflection point in its substantial growth curve as a leading player in the rideshare industry. Recent quarterly results highlight the leverage in the company’s business model and its fleet management operations expertise. With the corporate partnership with Trek World USA and new financing opportunities with positive EBITDA, we believe the company can accelerate its revenue and EBITDA growth into 2023 and beyond.
Slower-than-expected vehicle growth in 2H22 is a function of market dynamics and cost discipline. EVmo needs to show further growth in its fleet, especially reaching ‘scale’ of 2,000 cars, which should deliver 25% EBITDA margins and cash flow generation to help fund more vehicles.
Please read our prior research reports on EVmo here or at www.watertowerresearch.com.
Stephen M. Sanchez
Chief Executive Officer
Mr. Sanchez has over 30 years of experience in the logistics industry, particularly in the design, implementation, and operation of last-mile delivery services. Mr. Sanchez became a director of the company in January 2020, and has served as the company’s Chief Executive Officer since February 2021. He has also served as the CEO of PDQ Pickup LLC, a moving and logistics company, the Senior Vice President of Operations and Business Development for Boxbot, Inc., a robotics company focusing on the development and sale of autonomous last-mile delivery vehicles, the Senior Manager of Final Mile Process Engineering for Amazon, Inc., and the Vice President/Director of Supply Chain – Hub and Network Planning, for LaserShip Inc., a regional provider of same-day and next-day delivery services. Mr. Sanchez, who is a veteran of the US Navy, also has held positions of increasing responsibility with affiliates of DHL International GmbH, as well as with National Express Corporation and United Parcel Service.
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