Dott Reports Significant Growth in Q1 2026 Financials
DOTT PUBLISHES Q1 2026 FINANCIAL REPORT
Image: Benzinga
Dott, a European micromobility provider, reported a net revenue of €28.4 million for Q1 2026, reflecting a 1% year-on-year increase. The company's Direct Market Contribution (DMC) more than doubled, reaching €5 million, while Adjusted EBITDA improved by €4.8 million. Dott reaffirms its FY 2026 Adjusted EBITDA expectations of €30-40 million.
- 01Dott deployed 45,000 new vehicles in April 2026, enhancing service capacity.
- 02Net Revenue per Vehicle per Day (NRVD) rose by 12%, reaching €2.55.
- 03The company achieved a DMC margin of 18%, up from 8% the previous year.
- 04Headquarters restructuring led to a 19% reduction in operational costs, totaling €9 million.
- 05CEO Maxim Romain emphasized a focus on demand-led growth and enhancing rider experience.
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Dott, a leading European micromobility operator, published its Q1 2026 financial report showing strong growth metrics. The company achieved a net revenue of €28.4 million, marking a 1% increase year-on-year on a like-for-like basis. The Direct Market Contribution (DMC) more than doubled to €5 million, supported by improved vehicle economics, which included an 8% increase in Rides per Vehicle per Day (RpAV) and a 12% rise in Net Revenue per Vehicle per Day (NRVD). Adjusted EBITDA improved significantly by €4.8 million, reflecting a 15 percentage point margin improvement. Dott's restructuring efforts have resulted in a 19% reduction in headquarters costs, now totaling €9 million. The company has completed the deployment of 45,000 new vehicles, which is expected to boost usage and enhance rider experience. Dott's leadership remains optimistic, reaffirming expectations for FY 2026 Adjusted EBITDA in the range of €30-40 million as they focus on sustainable growth in the maturing micromobility market.
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Dott's growth and expansion in vehicle deployment can lead to improved micromobility options for urban commuters, potentially reducing congestion and pollution in cities.
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