Urb-it AB (publ) Quarterly Report, April - June 2021

2021 SUMMARY

Financial development during the period April - June 2021 (equiv. quarter pr. year)

· Net Sales for Urb-it AB (publ), mentioned below as "the Company" or "Urb-it", amounted to KSEK 5 930 (KSEK 4 168) during the period.

· Operating loss was KSEK -17 837 (KSEK -16 290).

· Loss before tax totalled KSEK -18 112 (KSEK -22 044).

· Loss per share attributable to owners of the Parent Company amounted to SEK -0,09 (SEK -0,17).

During Q2 2021 growth of Net Sales was 42%. Excluding the decommissioned Swedish operations the growth was 65%. The increased loss compared to previous year was mainly due to, increased cost for infrastructure and strengthening of organization to support growth in Net Sales in France & UK.

Significant events during the second quarter of 2021

· In May, Urb-it expands with Colis Privé to offer zero-emission deliveries in the City of Lyon.

· Urb-it continues UK growth with the latest expansion into Manchester

· Urb-it launches its sustainable delivery service in Bordeaux in June.

· In June, Urb-it and Amazon Logistics enter a partnership to deliver their products in Paris.

· Urb-it and Alibaba Group enter a partnership to bolster AliExpress' delivery capability in France

Significant events after the end of the second quarter

· B Corps Urb-it and Freestar are partnering to bring zero-emission non-alcoholic beer deliveries to London

· Lyreco chooses Urb-it for green deliveries in France.

For more information, please contact
Kevin Kviblad, CEO
E-post: [email protected]

About the Company

Urb-it is a Swedish logistics company and Certified B Corporation™. Powered by a robust technical platform, and its community of delivery assistants, Urb-it offers a customer-centric end-to-end fulfilment service for e-commerce, retail, and the on-demand market. The company today operates in the UK and France and works with leading European brands.

The company's mission is to transform logistics with a human service that fights for the health of our cities. Delivering the last-mile exclusively on foot, bike or with cargo-bikes, Urb-it aims to reduce air pollution, noise pollution and congestion in Urban areas, while providing a delivery service that exceeds customer expectations. Our delivery assistants are carefully recruited and trained by Urb-it to provide excellent service.

The solution is available to merchants via direct API-integration as well as through a range of leading transport management systems. Services include delivering the same-day, next-day, nominated day and returns, and can be fulfilled both from the merchant's online store and physical store network. www.urb-it.com

The Company's Certified Adviser is Mangold Fondkommission AB who are reachable on +468- 503 015 50 or [email protected].

This information is such information that Urb-it AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation (MAR). The information was submitted, via the above-mentioned contact person, for publication on 27th July 2021.

Urb-it carries out a directed share issue of approximately SEK 80 million

The board of directors of Urb-it AB ("Urb-it or the "Company") has, pursuant to the authorisation granted by the annual general meeting held on 16 April 2021, resolved on a directed issue of 18,650,000 shares at a price of SEK 4.30 per share (the "Share Issue"). The Company raises approximately SEK 80 million before transaction related costs through the Share Issue.


Urb-it genomför riktad nyemission om cirka 80 miljoner kronor

Styrelsen i Urb-it AB ("Urb-it" eller "Bolaget") har, med stöd av bemyndigande lämnat av årsstämman den 16 april 2021, beslutat om en riktad nyemission av 18 650 000 aktier till en emissionskurs om 4,30 kronor per aktie ("Nyemissionen"). Genom Nyemissionen tillförs Bolaget cirka 80 miljoner kronor före transaktionsrelaterade kostnader.


Urb-it launches its sustainable delivery services in Scotland

Expanding into Glasgow, Scotland's largest city


Urb-it strengthens its leadership team

Appointment of Chief Financial Officer & Chief Marketing Officer


Urb-it is announced as Yodel's UK National Partner

Urb-It will aid Yodel in reducing its carbon footprint in the UK by delivering through pedal power


Co-op expands rapid ethical delivery service in London with Urb-it.

London August 17TH , 2021 - UK food retail giant Co-op has partnered with green logistics provider and B Corporation, Urb-it to expand its rapid delivery service in London. Co-op will utilise Urb-it's state-of-the-art ship-from-store API technology to offer its London-based customers ethical home deliveries, within a 60-minute time slot.


Urb-it integrates with Zapiet to offer store pickup, delivery, and shipping to Shopify merchants.

London August 10th, 2021 - Green logistics provider and certified B Corp, Urb-it, announced today their new partnership with Zapiet, Britain's leading retail technology platform and Shopify's primary in-store pick up and local delivery solution. The latest partnership will allow Shopify merchants to instantly book reliable and sustainable same-day deliveries directly with Urb-it.


Urb-it and Zalando partner to provide emission-free deliveries to consumers in Paris and Lille.

Paris, July 28th, 2021 - Green logistics provider, and Certified B Corporation, Urb-it, has been chosen by European e-tailer Zalando to operate its last-mile deliveries in Paris and Lille. Urb-it will now lead Zalando's sustainable delivery efforts in both cities, helping the retailer bring convenient and emission free deliveries to its customer base in France.



Lyreco chooses Urb-it for green deliveries in France.

Paris, July 21st, 2021 - Green logistics provider, and Certified B Corporation, Urb-it, has been chosen by Europe's leading supplier of workplace products and services, Lyreco, to deliver its products in France. In a bid to reduce CO2 emissions across its entire value chain, Lyreco will utilize Urb-it's eco-Fleet and network of micro-hubs to deliver sustainably to the end-consumer.


Följ oss

Om beQuoted

beQuoted publicerar nyheter, analyser och pressmeddelanden för investerare och journalister. Viktiga företagshändelser bevakas av vår egen nyhetsredaktion och vidaredistribueras i ledande finansiella medier.

Vi uppdaterar även nyhetsrum, Investor Relations och IR-webbplatser för företag som vill utveckla sina relationer med finansmarknaden.

Kontakta oss

beQuoted AB
Nybrogatan 34
Box 5216
102 45 Stockholm

08-692 21 90

Om beQuoted