Elmo Rent : The turnover of ELMO Rent short-term rental income increased by a factor of 2.2 compared to the previous year


Elmo rent
corporate announcement

The turnover of ELMO Rent short-term rental income increased by a factor of 2.2 in March compared to the previous year

The sales turnover of ELMO Rent in March was 154,114 euros (43,057 euros in March 2021, an increase of 258%). Of this, the short-term rental income amounted to EUR 56,967 and is thus almost 2.2 times higher than in the same period of the previous year (EUR 25,403 in March 2021).

See Chart 1 “Revenues with Forecast by Month”

Compared to the low-season February result, short-term rental sales increased by 27% last month (€44,788 in February 2022 vs. €56,967 in March 2022). Compared to the same period, total sales increased by 232% (the total turnover was 46,389 euros in February 2022 and 154,114 euros in March 2022). In addition to short-term rentals and other sales, March sales include sales of around EUR 85,000 from the resale of electric cars with the aim of getting these cars for rent again. The number of registered new customers increased almost 2.5 times compared to the previous year (192 in March 2021, 487 in March 2022).

See chart 2 “New customers per month”

With the sales turnover and the acquisition of new customers, ELMO Rent places equal emphasis on the CO2 emissions saved in urban areas through environmentally friendly cars.ELMO Rent electric cars covered 245,155 km in March (164,832 km in February 2022), save more than 29,909 kg CO2 (20,110 kg CO2 in February 2022) emissions.

More information:

Alan Leppikson

Member of the Board

[email protected]

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Register as a customer marts22.png


Elmo Rent AS published this content on April 07, 2022 and is solely responsible for the information contained therein. Distributed by the public, unedited and unmodified, on Apr 07, 2022 05:52:08 UTC.


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