Voi Considers €40M Bond Issue Amidst Revenue Surge: Dagens industri

Voi Technology, the e-scooter and e-bike operator, is evaluating financing options, including a potential bond issuance and other capital market transactions, according to Dagens industri. The company has retained DNB Carnegie Investment Bank as the sole bookrunner to organize meetings with credit investors, commencing October 2, 2025. These meetings aim to gauge investor interest in a potential bond offering of up to €40 million, subject to prevailing market conditions. Concurrently, Voi released its financial performance for the twelve-month period ending August 2025. The company reported a 27% year-over-year increase in net revenue, reaching €158 million. Adjusted EBITDA experienced significant growth, increasing by over 300% to €27 million. Vehicle profit rose by 37% to €93 million, and market-EBITDA increased by 48% to €57 million. Although the net result for the recent twelve-month period was not disclosed, Voi's 2024 annual report, denominated in Swedish kronor, revealed a net loss of SEK 23.7 million on revenue of SEK 133 million. This represents an improvement compared to the SEK 52.7 million loss reported in 2023. Financial costs increased from SEK 18.6 million in 2023 to SEK 22.5 million in 2024.