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VMT - Vmoto Limited

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Someone went and put a rocket in my e-moped!
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I sold down to FC at 24.5c about a week before it took off. I do wish I held on to that piece but I'm still enjoying the ride!
 
Doing well. I think there could be some monster sales growth coming up as they have ramped up European and Asian distribution and e-bikes are taking off, especially in Europe.
 
BlindSquirrel said:
I sold down to FC at 24.5c about a week before it took off. I do wish I held on to that piece but I'm still enjoying the ride!
Click to expand...

This is a stock that will keep rising. It always hurts me to sell down a stock that is making money, and generally you should let your profits run, that is true. But I take on more risk than others, so if I can free carry a stock like VMT then I have made my journey and I can at least take some rest at the gate of the hall of heroes. If I get no further, I can at least say that I saw the gates.
 
FY21 Profit Guidance
Global electric vehicle company, Vmoto Limited (ASX: VMT) (the Company or Vmoto) is pleased to
advise that the Company has continued to ramp up its international growth strategy and expects
to achieve net profit after tax (NPAT) of between $7.5 million and $7.8 million for FY21 (the final
results being subject to completion and independent audit), which is a signifcant increase on FY20
NPAT of $3.7 million and will be the largest net profit ever achieved in Vmoto’s history.
During FY21, Vmoto achieved a number of key operational and commercial milestones, which
included:
• Record expected NPAT for year ended 31 December 2021, the highest since Vmoto's
establishment
• In excess of 30,000 units sold in FY21, a significant increase on the 23,547 units sold in FY20
• Positive operational cash flows for FY21
• Strong cash position with no bank debt as at 31 December 2021
• Additional international B2C distributors secured, bringing the total to 58 across 62
countries
• Strong growth across B2B operations, leveraging the increased popularity of last mile
delivery and ride-sharing services
• Launch of the new Vmoto premium brand and associated products
Vmoto’s Managing Director, Mr Charles Chen commented: “I am delighted to announce we will
deliver a significant increase in NPAT for this financial year when compared to 2020. We remain
confident the underlying fundamentals of the business will continue to deliver strong growth
throughout key international markets. We are also extremely excited to have launched the new
Vmoto premium brand and products having worked alongside a number of top industrial design
partners in Europe to bring a wider range of products to the international markets. The Company's
vision for the new brand is to create a feeling of excitement and joy for riders of Vmoto's zero
emission electric motorcycles and mopeds1
, whilst to helping to preserve the environment for future
generations."
The Company is also very excited to have launched its new “VMOTO” premium brand, aiming to
supply high quality products to international markets, with a key focus on Australia, Europe and the
United States. The new “VMOTO” premium brand has been designed to position the Company at
the cutting edge of zero emission, electric motorcycle and moped products1
. The new “VMOTO”
premium brand is the Company’s proprietary brand and complements Vmoto’s strategic, global
expansion plans.
The Company launched the first model of its VMOTO premium B2C product series, VMOTO STASH
and its new VMOTO B2B/Fleet product, the “Concept F01”, at the recent 2021 Esposizione
2
Internazionale Ciclo Motociclo e Accessori (“EICMA”) Motorcycle Show, where both new products
were well received.
-ends The announcement was approved for release by the Board of Vmoto Limited.


==============================================================================

DYOR

i hold VMT

might have made too many poor decisions in the past

SEE i am not totally against EVs , but am totally disappointed on their ability to make a decent profit
 
Aug 31 Vmoto Ltd (VMT) :

  • HY REVENUE FROM CONTINUING OPERATIONS A$57.6 MILLION , UP +46%
  • HY NET PROFIT ATTRIBUTABLE A$7.2 MILLION, UP +76%
  • WILL BE ABLE TO CONTINUE DELIVERING STRONG SALES AND REVENUE GROWTH FOR REMAINDER OF FY22 AND BEYOND
  • CASH BALANCE OF $25M+ AND NO DEBT!
 
yes i am in a modest profit ... now

but will this ever pay a dividend ( let alone pay them regularly )

that capital gain will soon erode via inflation

this should be ( in my opinion ) about 2 years further down the track and they preferred the EU compared to Asia ( i think Asia was the niche to play )

are they right ??
 
Th
divs4ever said:
yes i am in a modest profit ... now

but will this ever pay a dividend ( let alone pay them regularly )

that capital gain will soon erode via inflation

this should be ( in my opinion ) about 2 years further down the track and they preferred the EU compared to Asia ( i think Asia was the niche to play )

are they right ??
Click to expand...
They're progressing very well so am happy to be in for the ride - nice 202K bid just stepped up to the plate.. seems like someone wants in :)
 
Vmoto Invests in Zenion Limited

Highlights

• Vmoto has entered into an agreement to invest in UK based Zenion, for total consideration of £497k(~A$970k) to be funded from the Company’s existing working capital

• Zenion services the UK’s last mile delivery sector, including Uber Easts, Stuart, Deliveroo, Pizza Hut &Domino’s, by leasing, servicing and managing a fleet of Vmoto’s zero emission electric delivery vehicles,the CPX, to last mile delivery riders
• Vmoto and Zenion aim to take full advantage of the strategic relationship formed by this transaction,through obvious operational synergies and accelerated growth, to the benefit of both parties

Global electric vehicle company, Vmoto Limited (ASX: VMT) (“Vmoto”, or the “Company”) is pleased to announce that it has entered into an investment agreement with Zenion Limited (“Zenion”), one of the earliest companies in the UK offering a full-service fleet of zero emission electric delivery vehicles, servicing the rapidly expanding last mile delivery sector.

Overview of Zenion

Zenion (www.zenion.com) was founded in 2018 and is one of the most experienced operators in the UK trusted by the major last mile delivery companies including Uber Easts, Stuart, Deliveroo, Pizza Hut & Domino’s.

Zenion offers all-inclusive packages including the provision of electric delivery vehicles, together with boxes and other custom equipment to last mile delivery riders.

Zenion has been using Vmoto’s award winning CPX delivery vehicles for many years, which have proven to be the only zero emission electric vehicles on the market with the range, reliability and durability required to service the last mile delivery sector.

Since its establishment, Zenion’s fleet has done over 15 million miles, saving over 800,000 litres of fuel.

Currently,Zenion has a fleet of approximately 620 vehicles operating in the UK and expects to increase this to 2,000 vehicles in the next 6 months, exclusively with Vmoto’s CPX, while enhancing the customer experience through its new courier app and back-end systems.

Vmoto’s Managing Director, Mr Charles Chen said, “We are proud to be an integral part of Zenion’s operations and expansion.

Zenion has an established and experienced management team, which excels in supplying and servicing our vehicles for individual delivery riders and fleets alike, through some of the largest food delivery platforms in the world.”

Zenion’s Managing Director, Mr Richard Jordan said, “We are very happy to welcome Vmoto to be our first investor and shareholder. Vmoto shares the same vision and mission to accelerate the use of zero emission electric vehicles and to better serve and meet the requirements of the delivery riders and platforms in the UK and across the world.

With Vmoto on board with Zenion, I am confident that we can scale up our operations and fast track our growth very quickly in the coming years.

Vmoto’s B2B experience will also add significant value to Zenion’s operations and businesses.”

Investment Agreement

has agreed to invest £497k (~A$970k)1 by supplying electric vehicles and credit notes to Zenion.

In return,Vmoto will receive equity of 11% in Zenion, which currently has an investment valuation of £4 million(~A$7.8million).

It is important to note that, in addition to the expected benefits of its ownership interest in Zenion and accessing the large delivery markets in the UK through the experienced Zenion management team, the strategic relationship also allows Vmoto to expand its B2B business footprint in Europe, explore new applications for its technology and products and access new businesses opportunities.

-ENDS

The announcement was approved for release by the Board of Vmoto Limited

i hold VMT

maintains it's unhealthy fixation with UK/EU ( but economies in a tragic way )
 
Good evening
SP really hadn't recovered from it heyday!!
1/2 yearly report (see attached) published 30/08/24:
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According to Commsec records, Price to Book is 0.62.

Weekly Chart
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Not holding
Have traded long time ago.

Kind regards
rcw1
 

Attachments

  • Half-Yearly-Report-and-Accounts.PDF
    3.9 MB · Views: 2
Gorne now @rcw1. There was always a whiff of something dodgy about this company, I looked at it a couple of times over the years but I just couldnt get any conviction that it was investible. Pretty hilarious reasoning for the de-listing from management - arguing the market is wrong & has consistently under valued your business for years along with whinging about lack of liquidity, is less than convincing. Much more likely the market has got it roughly right.

Screenshot 2024-12-18 at 6.25.22 pm.png
 
galumay said:
Gorne now @rcw1. There was always a whiff of something dodgy about this company, I looked at it a couple of times over the years but I just couldnt get any conviction that it was investible. Pretty hilarious reasoning for the de-listing from management - arguing the market is wrong & has consistently under valued your business for years along with whinging about lack of liquidity, is less than convincing. Much more likely the market has got it roughly right.

View attachment 189730
Click to expand...
as a former holder


they were nice enough to whittle down my holding to an unmarketable parcel ..and then buy-back those unmarketable parcels

but what happened to the company along the way ..

IMHO

huge mistake one was focusing on China ( and forging component manufacturing agreements with some Chinese companies when the obvious Asian markets were almost anybody BUT China ( and North Korea )

after that set in , next was the push into Southern Europe ( but NOT climate conscious Northern Europe)

to be honest , i am surprised they got the option to delist , i would have thought the ASX would have decided they were currently too small for the ASX-listing and and booted them to the NSX
 
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