Thus, it is worth knowing the facts that could determine the stock's prospects. Yahoo Finance's Alexandra Semenova discusses Wall Street sentiment amid the bear market for stocks. The CHIPS Act would provide $52 billion in subsidies and tax breaks for domestic chipmakers. Currently, all participants are in a listen-only mode. Yahoo Finance Lives Brian Sozzi discusses investor sentiment on semiconductors. Wed like to share more about how we work and what drives our day-to-day business. In addition to reporting financial results, the Company will provide an update on progress towards its urban lifestyle products and services, including but not limited to: This press release features multimedia. In the third quarter, we made outstanding progress in our core micro-mobility business, and in layering on additional services that enable the modern urban lifestyle., Palella elaborated, Growth in mobility is being driven by opening in new cities, building our fleet, and introducing our first scooter sold for consumers at retail, the Helbiz One. That's fair with despite in gas price and other difficulty presented by inflation should benefit our business. Please change your browser's security settings to enable javascript. The Companys SEC filings are available publicly on the SEC's website at www.sec.gov. We're the first of any company to do so and they are already operating there now. Helbiz utilizes a customized, proprietary fleet management platform, artificial intelligence, and environmental mapping to optimize operations and business sustainability. This communication is neither an offer to sell nor a solicitation of an offer to buy, nor a recommendation of any securities of the company mentioned herein.Helbiz (the Company) and its counsel have reviewed the content of this page as well as the accompanying presentation (Company Presentation) displayed on this page. So don't hesitate to send us any question. Launched in 2015 and headquartered in New York City, the company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform in 35 cities around the world. Launched in 2015 and headquartered in New York City, the company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform in 35 cities around the world. To form growth we essentially secured another $10 million of funding. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. | Brse Mnchen From June 2015 to April 2017, Mr. Profumo served as an investment banking analyst at Citigroup Inc. Salvatore Palella is an Italian-American entrepreneur with decades of experience in the consumer technology and transportation industries. ECB shocks markets with biggest interest rate rise in 20 years, 2 Oversold Tech Stocks to Buy Hand Over Fist. Any forward-looking statement made by us in this press release is based only on information currently available to Helbiz and speaks only as of the date on which it is made. We issued our financial results press release today after the market close. Here's how to trade it now. We can satisfy specific request from the city and at the time, keep license while competitors lose theirs. As a technology-driven company, we are increasing R&D spending to enhance the user experience, fortify our underlying IT infrastructure, and design sleek new vehicles. How we use your information depends on the product and service that you use and your relationship with us. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. Smartlinks Unlimited is popular among customers who rides frequently and value our other services of food delivery and live streaming. So we will spend our time discussing the drivers of financial performance. statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, Forward-looking statements may be identified by the use of words such as anticipate, believe, expect, estimate, plan, outlook, and project and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. | Rental Services We now pay a monthly leasing fee for these addition to our fleet. Mr. Dvorchak, please go ahead. Helbiz is expanding its urban lifestyle products and services to include live streaming services, food delivery, financial services and more, all accessible within its mobile app. AT&T Stock Drops Despite Adding Subscribers. Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to And of course, we are laser focused on securing new licenses, in the U.S. and across Europe., Profumo concluded, On mobility specifically, we are entering many new markets in the U.S. with more cities in Florida and California launching in the near future. We started the year on a solid note with good performance across multiple operating metrics. Is this happening to you frequently? This information is not to be relied upon in substitution for the exercise of independent judgment. We sell different types of products and services to both investment professionals and individual investors. This site is protected by reCAPTCHA and the Google | Security Markets We are delighted to see solid revenue growth in our Mobility business and it's our Unlimited subscription model is gaining traction. These part, this shipper introduced ourselves to a wide group of user. Administrative and Support and Waste Management and Remediation Services, Mullen Automotive Reminds Shareholders of Upcoming Annual Meeting. Helbiz, Inc is primarely in the business of services-business services, nec. The doubling of OpEx was mostly from the growth of the business. We also have the MLB, the Major League Baseball, to our lineup, which bring baseball to Italy. The security settings of your browser are blocking the execution of scripts. Title 17 of the Code of Federal Regulations. [Indiscernible] want to update you on the financial lease agreement we signed in June 2021, a 12-month lease with a European financial institution for approximately 3,000 e-Scooters. Statement of Changes in Beneficial Ownership (Form 4), Various Housing Measures Introduced to City Council, Holders of greater than 97% of HR Notes agree to exchange - Form 8-K, Gillibrand Fights To Provide Mandatory Funding For The Title X Family[], Amendments to Articles of Incorporation/Bylaws/Change in Fiscal Year -[], Amazon to Acquire One Medical in $3.9 Billion Deal, 11/03/2022 | Press release | Archived content. Helbiz will conduct a conference call at 4:30 p.m. Eastern time on Monday, November 15, 2021 to discuss the Companys business and financial results. is always available to talk to current and potential investors. Additional information concerning these and other factors that may impact the Companys expectations and projections can be found in its periodic filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and amended on May 21, 2021. | Nasdaq Capital Market Read our editorial policy to learn more about our process. Verify your identity, personalize the content you receive, or create and administer your account. In April, we secured another $10 million of funding, [Indiscernible] two convertible notes. View source version on businesswire.com: https://www.businesswire.com/news/home/20211112005770/en/, Helbiz Contacts For media inquiries, contact: https://www.helbiz.com/pressroom, Global Head of Communications: +1 (917) 675-7157Davide DAmico - email: [emailprotected], PR and Communication Manager:Chiara Garbuglia - email: [emailprotected], USAAgent of ChangeMarcy Simon - Phone: +1 (917) 833-3392 - email: [emailprotected], For investor inquiries, contact:The Blueshirt GroupGary Dvorchak, CFA - Phone: +1 (323) 240-5796 - email: [emailprotected]. Media has quickly become an engine of growth for us, making up the other half of revenue in the quarter. Click here for more on how to use these ratings. Certain statements made in this press release are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. A simultaneous webcast of the conference call will also be available on Helbiz's investors relations website at https://investors.helbiz.com/. We are proud of the partnership we build with local government and how our investment in our technology enable us to move quickly. Helbiz is expanding its urban lifestyle products and services to include live streaming services, food delivery, financial services and more, all accessible within its mobile app. We're also now incurring in the expense of being a public company. Due to known and unknown risks, actual results may differ materially from the Companys expectations or projections. Across the U.S. Europe and Asia Pacific, we are currently in discussion to bring our mobility service to new communities. https://www.businesswire.com/news/home/20211112005770/en/, Analysis-ECB's new tool fails to impress as Italy confronts political paralysis, Crypto Altcoins Outperform as Tesla Sales Weigh on Bitcoin, Biden to nominate former state official to run U.S. highway agency, One Medical: Why Amazon's acquiring this health care company for $3.9 billion, Ukraine Latest: Grain Export Agreement Is Predicted Within Days, Elon Musk says remote workers are just pretending to work. To fulfill this rising demand, we're taking vehicle deliveries now in many cities. The answer isnt fully clear, though; markets have fallen for most of this year, but the last few days have seen the best trading in weeks. In mobility, we won a license in Miami based country. Our SPAC merger and the related PIPE and warrant exercises, along with a convertible offering, provided the funding necessary to invest in our growth. We are further serving the lifestyle of modern city dwellers with food delivery, which we launched with our first ghost kitchen in Milan, the largest in the world. Privacy Policy | Terms of Use | Contact. This press release features multimedia. | NYSE Chicago, Copyright 2006-2022 Public Technologies Inc. | Roth has not reviewed and approved the content contained on the b2idigital.com website. Please. I will now turn the call over to Salvatore to begin. Photo: Leora Bermeister for The Wall Street Journal. To use noodls, javascript support must be enabled. A simultaneous webcast of the conference call will also be available on Helbiz's investors relations website at https://investors.helbiz.com/. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) the failure to meet projected development and production targets; (ii) changes in applicable laws or regulations;(iii) the effect of the COVID-19 pandemic on the Company and its current or intended markets; and (iv) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission (the SEC) by the Company. peer companies that do receive analyst-driven ratings. Zynerba Pharmaceuticals Enters Into Equity Purchase Agreementfor Up to $20 Million Dataseas Ultrasonic Sound Sterilization and Antivirus Equipment Confirmed by https://www.businesswire.com/news/home/20211115006221/en/, https://www.sec.gov/edgar/browse/?CIK=1788841, Helbiz to Offer its AI Helmet Selfie Technology, Helbiz to Bring its Mobility Services to Orlando, FL, Helbiz Expands its Micro-mobility Operations Across U.S. Markets, Helbiz Signs Letter of Intent to Acquire Wheels, Helbiz Announces Purchase of Shares by its Chief Executive Officer, 25,000 vehicles on order to drive 2022 growth, Launched Helbiz One scooter for retail sale, consumer demand leads to growing pre-order list, Late stage discussions to open a food services B2B kitchen with Italian flagship airline, ITA, Scouting locations to expand ghost kitchen/delivery into the, Acquired Italian market NFL and Serie B football rights for Helbiz Live, Strong revenue contribution, over 15% of Q3 revenue, First micro-mobility company to list in the, Completed SPAC merger and commenced trading on Nasdaq. Most important is our deal with Google Maps. | Brse Frankfurt Because of these, we expect our services to become even more vital. | Health Copyright 2022 StockTitan.net - All rights reserved. Launched in 2015 and headquartered in New York City, the company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform in more than 35 cities around the world. If anyone objects, please disconnect now. Thank you for standing by and welcome to the Helbiz First Quarter 2022 Earnings Conference Call. | Security Markets We have 25,000 vehicles on order, the majority of which will be placed in new U.S. markets as we win licenses. Our Nasdaq listing in August was a milestone and represents only the start of our journey. Click here for more on how to use these ratings. The conference has now concluded. Recent conditions show the need for our vibrant micro-mobility sector and growth potential in present to us. An archived version of the webcast will be available on the Helbiz investor relations website for one year at https://investors.helbiz.com/. License application in several city are in the final stage. B2I DIGITAL, Inc. is not an affiliate of Roth Capital Partners, LLC (Roth) and is not authorized to represent or act on behalf of Roth ,in any capacity. We're building live subscription momentum through the unlimited subscription offering. Helbiz is a global leader in micro-mobility services. Operating metrics showed solid performance. In city where we operate, Helbiz e-scooter will now appear as the transportation option. Giulio? We may use it to: To learn more about how we handle and protect your data, visit our privacy center. | Personal Service Companies Helbiz utilizes a customized, proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability. Most M edia revenue again, came from commercialization of media rights, while Helbiz Live subscriptions were nearly 20% of revenue. During the quarter, we made strong progress in building our partner resource. We're always exploring cost efficient forms of capital to fund the business and opportunities to further optimize our capital structure. Tesla Cybertruck a 'niche' product that will not be like the Ford F-150: Analyst, Amazon to buy primary care provider One Medical for $3.9 billion, Why the stock market still hasnt priced in a full recession, Boeing 737 MAX 10 Debuts at Air Show, but May Never Fly Commercially, The CHIPS Act Could Boost These 3 Semiconductor Stocks, Tesla surpasses Q2 earnings estimates, sells 75% of its bitcoin, Seeking at Least 10% Dividend Yield? View the full release here: https://www.businesswire.com/news/home/20211112005770/en/, Helbiz to Release Third Quarter 2021 Financial Results on November 15, 2021 (Photo: Business Wire). Investors in penny stocks should be prepared for the possibility that they may lose their entire investment.B2I DIGITAL, Inc. is a marketing sponsor of the Roth 34th Annual Roth Conference. Thank you, Chris. This improved the outlook reflects growing ride utilization and city expansion. Our detailed financials can be found in our earnings release and 10-Q filing. Privacy Policy and In June 2020, the Creating Helpful Incentives to Produce Semiconductors for America (CHIPS) Act was introduced in the House of Representatives by U.S. Rep. Michael McCaul (R-Texas). The act called for the U.S. to boost its subsidies for domestic chipmakers to address the global chip shortage, reduce the country's dependence on Asian chip foundries, and stay ahead of China in the semiconductor race. Revenue more than tripled to due to growth in Mobility and the contribution from the Media business. Information, opinions and estimates contained on this page or in the Company Presentation reflect judgments by the Company as of the original date of publication by the Company and are subject to change without notice. New data from Qatalaq and GitLab reveals remote workers spend time every day doing menial tasks to convince their managers and colleagues theyre really working. WSJs Andrew Tangel explains. Mobility addresses the go out moments in life, while delivery and media are complementary stay in services., Palella concluded, As we move into 2022, we intend to significantly expand our offerings in lifestyle categories. Provide specific products and services to you, such as portfolio management or data aggregation. fair value, and uncertainty rating. What happens next is anyones guess, but the history of bears and rallies can offer some suggestions. Just where is the stock market going, thats the question investors are trying to answer. Yahoo Finance Live anchors report that Carnival Cruise Line is set to sell $1 billion in stock. | EDGA Exchange As of today, our cash balance is over $30 million, and we are aggressively investing across our whole business. Thank you for spending time with us today. Preliminary information statement not related to a contested matter or merger/acquisition, Ownership Acquisition Statement [Amended]. Expanded integration of Helbizs electric scooters, e-bikes and e-mopeds within the Moovit app, across more than 35 operating cities globally, Partnered with Amazon to broadcast Helbiz Live contents and the entire Italian Serie B Championship on all Amazon Prime Video channels throughout Italy, Partnered with National Football League (NFL) to broadcast NFL content on the Helbiz Live platform, Strategically partnered with the public company Li-Cycle and achieved a sustainability milestone, Integrated artificial intelligence technology and hyper-accurate parking technology by partnering with Drover AI and Fantasmo to create a safer experience for riders and pedestrians. | Finance Cannabis stocks are reversing course this morning after a multiday rally. Investors will focus on revenue growth and other pipeline updates, when Tilray (TLRY) reports fiscal fourth-quarter results. Helbiz undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law. Helbiz utilizes a customized, proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability. They're happy to answer any questions you may have and tell you what makes their story unique.