Brief: Helbiz Regained Nasdaq Compliance With Market Value Of Listed Securities Requirement

micromobility.com

28/03/2023 22:47

March 28 (Reuters) - Helbiz Inc  HLBZ.O :
    * HELBIZ INC- REGAINED NASDAQ COMPLIANCE WITH MARKET VALUE
OF
LISTED SECURITIES REQUIREMENT
    * HELBIZ INC-  FULL YEAR REVENUE UP 21% Y/Y AND ANNUAL
ACTIVE
PLATFORM USERS UP 15% Y/Y
    * HELBIZ INC- ONGOING COST OPTIMIZATION REDUCED FY RESEARCH
AND
DEVELOPMENT, SALES & MARKETING, AND G&A EXPENSES TO 47% OF TOTAL
OPERATING EXPENSES FROM 53% IN 2021

Source text for Eikon:  ID:nBw1NsZC7a 
Further company coverage:  HLBZ.O 

 ((Reuters.Briefs@thomsonreuters.com;))