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Published: 2022-05-09 08:20:03 CEST
Elmo Rent
Company Announcement

The turnover of ELMO Rent short-term rental income increased 2.3 times in April compared to last year

The sales turnover of ELMO Rent in April was 191,808 euros (48 392 euros in April 2021, an increase of 296%). Of this, short-term rental income amounted to 61,553 euros, which is more than 2.3 times higher than in the same period of the previous year (26,626 euros in April 2021).

See Graph 1 "Sales revenue with forecast by month"

In comparison to the March result, the turnover of short-term rentals increased by 8% in the last month (56,967 euros in March 2022 vs. 61,553 euros in April 2022). In comparison to the same time period, the total sales turnover increased 24% (the total sales turnover was 154,114 euros in March 2022 and 191,808 euros in April 2022). In the April turnover, in addition to the short-term rental and other turnover, the turnover from the resale of electrical cars with the aim of bringing those cars back to rent is included. 

The number of registered new clients increased almost 3 times compared to the previous year (245 in April 2021, 723 in April 2022) and increased 48% comparing to month before (487 in March 2022).

See Graph 2 "New clients, per month"

With the sales turnover and the addition of new clients, ELMO Rent attaches equal importance to the CO2 emissions saved in the urban space by environmentally friendly cars. In April, ELMO Rent electric cars covered 265,580 km (245,155 km in March 2022), saving more than 32,401 kg CO2 (29,909 kg CO2 in March 2022) emissions.  


More information:

Allan Leppikson

Member of the Management Board



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