Dott Achieves Historic Profitability with Strong Q4 and FY 2025 Financial Results

Dott, a standout player in shared micromobility, recently released its financial report for the fourth quarter and the full year 2025, showcasing remarkable growth and financial turnaround. After a series of strategic adjustments and an emphasis on operational efficiency, Dott achieved a commendable €7 million in Adjusted EBITDA, marking the company's first profitable year to date.

A Record Year for Dott

The year 2025 proved to be transformative for Dott, as it not only managed to stabilize its financial health but also expanded its operational footprint. The robust performance in Q4 2025 is indicative of the effective strategies implemented throughout the year. The fourth quarter alone recorded a net revenue of €39.2 million, reflecting a 6% decline year on year primarily due to earlier market exits. However, improvements in vehicle economics resulted in a notable 6% increase in rides per vehicle per day and a 5% growth in net revenue per vehicle per day compared to the previous year.

Merging with TIER in March 2024, Dott has positioned itself as a leader in the micromobility space. As of now, the company operates with over 200,000 shared vehicles across more than 400 cities in Europe and the Middle East, offering a sustainable alternative to traditional transportation options.

Significant Investments and Future Plans

Dott secured €85 million in funding in Q4 2025, which supports its ambitious plans for growth and expansion. The company has ordered an additional 45,000 new vehicles, anticipating a significant deployment in the second quarter of 2026. This move is expected to bolster their market presence further, especially in key cities such as Paris, Berlin, and London where they are already gaining traction with new e-bike models.

CEO Maxim Romain expressed pride in the company's achievements, stating, “2025 was a transformational year for Dott. We streamlined operations, reduced costs, and established a scalable framework for future growth.” The sentiment was echoed by Group CFO Raoul Gatzen, highlighting that Dott’s balance sheet has been strengthened thanks to strategic moves like the Nordic Bond issuance.

Expectations for FY 2026

Looking ahead, Dott has reaffirmed its earnings guidance for FY 2026, forecasting Adjusted EBITDA between €30 million and €40 million. The ongoing momentum from 2025, combined with the company's strategic initiatives in deploying its vehicle fleet, sets the stage for another promising financial year. As Dott continues to focus on enhancing its operational efficiencies and reducing operational costs, the company is well-positioned for sustained growth and profitability.

In conclusion, Dott's latest financial report not only marks a significant milestone but also signals a brighter future for the shared micromobility sector, demonstrating how innovation and strategic planning can lead to remarkable outcomes. With its commitment to reducing congestion and promoting sustainable urban transport, Dott is paving the way for a greener future in mobility.

For more information about Dott and its plans for the future, visit www.ridedott.com.