Urb-it AB (publ) Quarterly Report, July - September 2020

Urb-it AB (publ) Quarterly Report, July - September 2020

Financial development for the period July - September 2020

· Net sales for Urb-it AB (publ) totalled KSEK 2 103 for the period July-September 2020 compared to KSEK 1 074 for the period July-September 2019.

· During the period, the operating loss amounted to KSEK -13 318 (KSEK -10 918).

· Loss before tax was KSEK -13 559 (KSEK -10 453).

· Loss per share attributable to owners of the Parent Company amounted to SEK -0,09 (SEK -0,11).

Significant events during the third Quarter of 2020

· Deliveries in Qtr3 was up 311% compared to deliveries in Qtr3 2019.

· In September Urb-it signed a partnership agreement with DHL Express France in order to provide zero carbon last-mile deliveries to the DHL customers in France.

· The additional new DHL hubs in France are now operational and ready for the coming peak season volume.

· The decommission of the Swedish operation was finalised during the 3rd Quarter and will lead to lower OPEX by approximately KSEK 1 500 per quarter.

· The set-off issue of shares that the Board of Directors of Urb-it AB decided upon on 10th June 2020 was fully subscribed to and completed during the first week of July. The issue proceeds of approximately SEK 34.6 million before issue costs were paid in full by offsetting debt from the company. Stockholm, 24th April 2020.

Significant events after the end of the Quarter

· In the second week of November, Urb-it earns B Corporation certification due to its impact and continuous innovation in sustainable logistics. Urb-it now joins the fast-growing movement of more than 3500 certified B Corporations across 150 industries in 74 countries including companies like Patagonia, Ben & Jerry's, and The Bodyshop.

· Urb-it welcomes the partnership with SmartFreight to bring retailers a sustainable and intelligent transport management solution.

· Urb-it partners with Primis Communications to offer leading European retailers a revenue generating post-purchase experience.

For more information, please contact
Kevin Kviblad, CEO
E-post: kevin@urbit.com
Phone: +46 76 310 28 39

About the Company
Urb-it offers a flexible, quick, personal and eco-friendly delivery alternative to consumers and retailers in big cities. As of today, Urb-it exists in Stockholm, Gothenburg, London, Paris and Lyon. For more information visit: www.urb-it.com.

The Company's Certified Adviser is Mangold Fondkommission AB who are reachable on +468- 503 015 50 or CA@mangold.se.

This information is such information that Urb-it AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation. The information was submitted, via the above-mentioned contact person, for publication on 30th November 2020.



Urb-it welcomes partnership with Ecom Hub to offer retailers a sustainable last mile fulfilment and distribution solution.

London, 15th December 2020 - Last-mile fulfilment is among the most energy consuming logistics operations in the supply chain because of the vast amount of stops and low fill rates. Green logistics provider, Urb-it, and e-commerce fulfilment and distribution specialists Ecom Hub have today announced a partnership to offer retailers an end-to-end solution for green fulfilment and distribution on the last-mile.


Urb-it announces a new partnership with Despatch Cloud enabling retailers to streamline their entire eCommerce operations

London, 11th December 2020- Green logistics provider, Urb-it, and multichannel shipping, order and stock management provider Despatch Cloud have announced a new partnership to offer retailers a streamlined eCommerce experience. The collaboration will allow retailers to have a fully integrated order and inventory management solution, with added sustainable delivery capability.



Styrelsen för Urb-it beslutar om riktad nyemission om 82 miljoner kronor samt föreslår införande av incitamentsprogram

Styrelsen i Urb-it AB ("Urb-it" eller bolaget) har idag beslutat om en riktad nyemission av aktier samt avser att kalla till extra bolagsstämma i bolaget den 12 januari 2021. Styrelsen föreslår att stämman dels beslutar godkänna styrelsens beslut om den riktade emissionen, dels beslutar om ett incitamentsprogram genom en emission av teckningsoptioner. Kallelse till bolagsstämman kommer att offentliggörs genom särskilt pressmeddelande senast den 10 december 2020.


AMENDMENT - Urb-it AB (publ) Quarterly Report, July - September 2020

This amendment refers to a faulty comparison year in the CEO's Overview 


Urb-it AB (publ) Quarterly Report, July - September 2020

Urb-it AB (publ) Quarterly Report, July - September 2020


Urb-it partners with Primis Communications to offer leading European retailers a revenue generating post-purchase experience.

London, 26th November 2020 - The post-purchase experience is the latest frontier for leading brands to differentiate their offering and increase profit margins. Failing to do so will result in losing out on repeat purchases and may even deter the most loyal consumer from returning. Green logistics provider, Urb-it, and enterprise platform provider Primis Communications announce a strategic partnership to offer retailers an end-to-end solution for green fulfilment and an excellent customer journey including enhanced tracking, communication and streamlined returns processes.


Urb-it welcomes partnership with SmartFreight to bring retailers a sustainable and intelligent transport management solution

London, 24th November 2020 - Green last mile logistics provider, Urb-it has entered into a strategic partnership with shipping software solutions provider SmartFreight. The new collaboration will bring a more sustainable and customer focused delivery service to retailers, with added intelligent transport management.


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