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Published: 2021-08-10 07:34:56 CEST
Elmo Rent
Company Announcement

ELMO Rent July sales growth 149% compared to June

ELMO Rent AS announces that the total sales turnover in July 2021 was 100,600 euros, which has increased by 149% compared to June and also increased significantly by 189% compared to July of the previous year. Growth in vehicle sharing revenue from sales 32% year-on-year.

As of July, due to the involvement of private cars, ELMO Rent's fleet of environmentally friendly vehicles has increased by an additional 18. The number of electric vehicles directly affects the quality of service, and ELMO Rent will continue to make a big leap in this respect. More shared electric vehicles also mean cleaner urban space and air.

"We have now reached the right wagon of the high-speed train," comments Julia Nekrassova, CEO of ELMO Rent. "It is very good to see that our new business segments, bring your personal cars into ELMO platform, have found a lot of contracts, and business customers are more and more accepting car sharing, and both directions are growing weekly."

"We should definitely see similar rapid growth in the next few months, at least until the low season of vehicle sharing begins and we hope that the virus will not bring new surprises," says Nekrasov, adding "in the last year, we have been able to cleverly adapt to restrictions and with the ELMO Rent's team we will soon inform investors and customers about new developments.".

Based on the 4.08 stock exchange announcement, ELMO Rent brought premium cars to its service and the first to announce was the Tesla Model 3 model fleet. With the introduction of premium cars, all electric passenger car and motorcycle classes are now covered and offered to ELMO Rent customers. "Our vehicle fleet is full of intense spark and we will continue on the course of environmental protection with the same spark," adds Nekrassova.


More information:

Julia Nekrassova

CEO, Member of the Board


Tel: +372 516 7991

E-mail: julia@elmorent.ee