micromobility.com (MCOM) AI Stock Analysis

• Market Cap: $557.71K
• Dividend Yield: N/A
• Average Volume (3M): 207.56K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.07
• Revenue Growth: -77.14%
• EPS Growth: 99.94%
• Country: US
• Employees: 39
• Sector: Consumer Cyclical
• Sector Strength: 63
• Industry: Auto - Recreational Vehicles
• EPS (TTM): >-0.01
• Shares Outstanding: 92,214,640
• 10 Day Avg. Volume: 98,575
• 30 Day Avg. Volume: 207,556
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.19
• Price to Cash Flow (P/CF): 0.10
• P/FCF Ratio: 0.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

MCOM faces significant financial challenges with negative margins and declining revenues as key weaknesses. The technical and valuation analysis suggests neutral to slightly negative prospects, compounded by the lack of clear earnings guidance. These factors result in a low overall stock score, indicating substantial risks that need addressing for improved performance.

micromobility.com Business Overview & Revenue Model

Company Description

Micromobility.com (MCOM) operates in the transportation sector, focusing on providing convenient and sustainable micromobility solutions. The company offers a range of products and services including electric scooters, bikes, and related urban transport options designed to enhance urban mobility and reduce reliance on traditional vehicles. MCOM aims to deliver affordable, efficient, and eco-friendly transportation alternatives to urban commuters.

How the Company Makes Money

MCOM generates revenue primarily through the rental and leasing of its electric scooters and bikes. Users can access these vehicles via a mobile application, paying per minute or through subscription-based models for regular use. Additional revenue streams include partnerships with city municipalities for exclusive operational rights, advertising placements on vehicles, and data analytics services offered to urban planners and agencies to improve city infrastructure and traffic management. The company also engages in direct sales of micromobility devices and accessories to individuals and businesses, thereby diversifying its income sources.

micromobility.com Financial Statement Overview

Summary

The company's financial performance is severely challenged with negative profitability margins, declining revenue, and a highly leveraged balance sheet. Cash flow issues further highlight the need for strategic changes to improve financial stability and performance.

Income Statement

The company's income statement reveals significant challenges. There is a negative gross profit margin for both TTM and the previous year, indicating that the cost of goods sold exceeds total revenue. The net profit margin has improved to a positive figure in the TTM but remains a concern given historical losses. Revenue has been declining over the past few years, with a notable drop from 2022 to 2023. EBIT and EBITDA margins are negative, reflecting operational inefficiencies and potential sustainability issues.

Balance Sheet

The balance sheet highlights financial instability, with stockholders' equity being negative, suggesting liabilities significantly exceed assets. The debt-to-equity ratio cannot be calculated due to negative equity, but the company is highly leveraged. Return on equity cannot be assessed due to negative equity. The equity ratio is negative, indicating an unsustainable financial structure and potential solvency concerns.

Cash Flow

Cash flow analysis shows consistent negative free cash flow, indicating that the company is not generating sufficient cash to cover capital expenditures and operating needs. The operating cash flow to net income ratio is unfavorable and highlights cash flow issues. Despite positive financing cash flow, the company relies heavily on external financing, which may not be sustainable long-term.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
3.01M	9.84M	15.54M	12.83M	4.42M	1.08M
	Gross Profit
-1.49M	-19.13M	-26.09M	-21.01M	-3.45M	-943.00K
	EBIT
-15.23M	-64.01M	-73.50M	-59.12M	-19.94M	-107.94K
	EBITDA
-392.00K	-49.09M	-67.05M	-61.19M	-19.97M	-6.58M
	Net Income Common Stockholders
99.00K	-62.05M	-82.07M	-71.97M	-24.57M	-627.15K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.50M	128.00K	429.00K	21.14M	757.00K	471.28K
	Total Assets
0.00	7.03M	41.15M	53.62M	6.36M	58.10M
	Total Debt
0.00	1.39M	5.25M	18.06M	4.03M	7.67M
	Net Debt
1.50M	1.26M	4.83M	-3.09M	3.27M	7.20M
	Total Liabilities
0.00	50.83M	81.00M	61.47M	21.71M	3.16M
	Stockholders Equity
-3.80M	-43.80M	-39.85M	-7.85M	-15.35M	54.94M
Cash Flow		Free Cash Flow
-8.97M	-38.96M	-46.47M	-52.70M	-15.84M	-1.96M
	Operating Cash Flow
-8.41M	-37.47M	-43.09M	-42.99M	-11.41M	-56.78K
	Investing Cash Flow
-554.00K	-1.49M	-6.54M	-11.70M	-3.05M	-57.50M
	Financing Cash Flow
8.06M	37.63M	29.59M	75.95M	13.61M	58.03M

micromobility.com Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MCOM, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.41 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MCOM.

micromobility.com Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UBER	74 Outperform	$135.14B	14.10	60.08%	―	17.96%	410.17%
LYFT	61 Neutral	$4.53B	211.72	3.48%	―	31.39%	―
NIU	59 Neutral	$248.32M	―	-19.07%	―	22.42%	30.09%
Sector *	59 Neutral	$11.20B	10.09	-1.41%	3.96%	1.31%	-16.95%
MCOM	30 Underperform	$557.71K	―	-0.23%	―	-77.14%	99.94%

micromobility.com Corporate Events

Micromobility.com CEO Transition and Debt Reassignment

Micromobility.com company announced the transfer of its debt from YA II PN, Ltd. to Palella Holdings, LLC, a related party where Salvatore Palella, the former CEO and controlling shareholder, has a major interest. This assignment involved approximately $3,447,000 from a convertible promissory note and $5,750,000 under a loan agreement. On the same day, Salvatore Palella resigned as CEO and Gian Luca Spriano was appointed as the new CEO. Spriano brings experience as the former CFO and head of business development, with a strong background in international law and climate initiatives.