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Donkey Republic is leading bike sharing service in Europe. We help create more sustainable cities by providing responsible and affordable micro-mobility. We do so by providing cities and partner organisations with the turnkey Donkey bike- and ebike solution. We also operate directly our own bike sharing services.

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Donkey Republic delivers strong profitability improvement in Q4, resulting in positive EBIT for 2024 and issues guidance for 2025

Company announcement no. 1-2025*Contains inside information* Management commentary “New records are set in our improved performance. We have successfully achieved positive EBIT as a milestone in 2024. We’re growing at a higher pace than the market, and our growth is selective in our current 6 focus markets. In many ways Donkey Republic is demonstrating industry leadership and we also strengthened the company balance in 2024 by successfully onboarding equity” says Niels Henrik Rasmussen, CEO. Donkey Republic achieves record Q4 revenue and EBITDA jump of DKK 6.5M Donkey Republic

Donkey Republic secures DKK 61M in debt facility to fuel further growth and to refinance existing debt, with improved terms

Investor news no. 01-2025 Donkey Republic successfully signed a debt facility today totaling 61 million DKK with a consortium of lenders including EIFO (Danmarks Eksport- og Investeringsfond), NEFCO (Nordic Environment Finance Corporation), and Sydbank. This facility, secured on market terms, will  fuel strategic investments, primarily focused on expanding its bike fleet in 2025 and enable Donkey Republic to refinance existing loans with improved conditions and. This financing marks an important milestone for Donkey Republic and demonstrates strong confidence in the company's

Registration of capital increase

Company Announcement No. 17 - 2024 Today, DonkeyRepublic Holding A/S announces the successful completion of the share capital increase in relation to the private placement as disclosed in Company Announcement No. 16 - 2024. The gross proceeds in the private placement amounts to DKK 15M. Following registration of the share capital increase with the Danish Business Authority the Company’s share capital is nominally DKK 2,664,470.50 divided into 26,644,705 shares of nominally DKK 0.10 each. Each share carries one vote.  The new shares issued in connection with the private

DonkeyRepublic Holding A/S carries out a private placement

Company announcement No. 16 – 2024*Contains inside information*  DonkeyRepublic Holding A/S carries out a private placement of new shares to new and existing investors at a subscription price of DKK 6.23 per share, raising gross proceeds of DKK 15M.  Reference is made to the company announcement No. 13 - 2024, where DonkeyRepublic announced its intention to carry out a private placement to provide the necessary capital for onboarding new long-term subsidized city contracts. These contracts will be directly contributing to the profitability strategy and further set up the company

Donkey Republic convenes for an Extraordinary General Meeting

Company announcement No. 14 - 2024The Extraordinary General Meeting of DonkeyRepublic Holding A/S is hereby convened for 12 November 2024 at 11.00 (CET) - The extraordinary general meeting will be held electronically. The agenda and full proposals are attached and can be found at: https://invest.donkey.bike/egm-nov-2024 The agenda for the general meeting is:1. Authorisation to increase the share capital2. Authorisation to the chairman of the meeting

DonkeyRepublic Holding A/S intends to carry out a private placement

Company announcement No. 13 – 2024*Contains inside information* DonkeyRepublic Holding A/S intends to carry out a private placement of new shares against cash contribution at market price, raising gross proceeds of DKK 14.9M. The intended private placement of new shares is committed by 4 investors, both new and existing. The private placement is supported by 2 new professional investors participating in the private placement. The private placement is carried out at market price subject to authorisation by the Company’s general meeting. As disclosed in the H1-2024 report, Donkey

Donkey Republic delivers in Q3 record revenue (+25% YoY) on the back of a strong EBITDA (+60% YoY) improvement

Company Announcement No. 12 - 2024*Contains inside information* RevenueDonkey Republic achieved record revenue of DKK 51.0M in Q3, representing a 25% increase year-over-year. This strong performance was driven by a combination of factors, including a larger fleet, increased fleet utilization, and the successful ramp-up of subsidized operations. In the Antwerp area, for example, where around 2,900 bikes are operated, bike utilization significantly improved, demonstrating the growth and impact potential of subsidized operations. EBITDAQ3 EBITDA reached DKK 17.6M, an increase of

Strong improvement of balance sheet by early repayment of debt, positive operating cash flow and continuous positive development in EBITDA in 2024-H1

Company Announcement No. 11 - 20242024-H1 financial report Management commentaryIn 2024-H1, Donkey Republic realized revenues of DKK 59.8M and improved EBITDA by 75% compared to 2023-H1.These results showcase successful strategy execution, with positive operating cash flow underscoring our focus on efficiency and profitability. This positive cash flow allowed for early debt repayment, significantly strengthening our balance sheet. Additionally, in 2024-Q2 we rolled out our operation in Hannover, Germany and commenced the long term B2G contract which was awarded in 2023-Q4. We look

DonkeyRepublic Holding A/S: Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them

Company announcement No. 10 - 2024 DonkeyRepublic Holding A/S has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transactions related to shares in DonkeyRepublic Holding A/S made by persons discharging managerial responsibilities and/or persons closely related with them. 1.  Details of the person discharging managerial responsibilities/person closely associateda)  Name Badem Holding ApS2.  Reason for the notificationa)  Position/status Closely associated to a member

Donkey Republic in the media

The past few weeks have been eventful at Donkey Republic and we've been active pushing our purpose and business with the Danish media landscape.Firstly, Dagbladet Børsen have published an article showcasing our commitment to being European cities' preferred partner to support green transition (see attached).Secondly, our CEO Niels Henrik Rasmussen and Co-founder Alexander Høst Frederiksen gave an interview in the P1 Podcast 'Guld og grønne skove'  with some exciting

Change of the Board of Directors of Donkey Republic

Company announcement no. 9-2024 Today, Laurent Mercat is stepping down from the Board of Directors of Donkey Republic effectively, but will continue to work with the company as an external consultant.  “I have served on the Board of Donkey Republic since 2021 with the aim of supporting the Board and management with my product know-how and industry experience. Donkey Republic has matured significantly and become a prominent European player in the industry over the past years. Therefore, I've decided that the timing is right to leave the Board of Donkey Republic as the company is

Donkey Republic records revenue of DKK 20.6M in Q1-2024, showing a solid revenue growth of 19%, positive EBITDA trends and reaffirmation of 2024 guidance

Company Announcement No. 8 - 2024 RevenueRider revenue growth in Q1-2024 aligns with expectations and guidance. This growth is fueled by both a larger fleet and higher revenue per bike, and is further bolstered by an expanding portfolio of city contracts compared to Q1-2023. EBITDAEBITDA in Q1-2024 outperformed Q1-2023 by DKK 0.7M if a one-time benefit in Q1-2023 is excluded, this effect is from a lower-than-expected penalty resolution on delayed bike deliveries in Q1-2023. The improvement is due to strong revenue growth that has more than offset any fixed cost increases over the

Registration of capital increase

Company Announcement No. 7 - 2024 Today, DonkeyRepublic Holding A/S announces the successful completion of the share capital increase in relation to the private placement as disclosed in Company Announcement No. 5 - 2024. The gross proceeds in the private placement amounts to DKK 22.4M.  Following registration of the share capital increase with the Danish Business Authority the Company’s share capital is nominally DKK 2,423,700.10 divided into 24,237,001 shares of nominally DKK 0.10 each. Each share carries one vote.  The new shares issued in connection with the private

DonkeyRepublic Holding A/S: Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them

Company Announcement no. 6 - 2024 DonkeyRepublic Holding A/S has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transactions related to shares in DonkeyRepublic Holding A/S made by persons discharging managerial responsibilities and/or persons closely related with them. 1.  Details of the person discharging managerial responsibilities/per son closely associateda)  Name Spintop Investment Partners III AB2.  Reason for the notificationa)  Position/status Closely associated

DonkeyRepublic Holding A/S carries out a private placement

*Contains inside information*Company announcement No. 5 – 2024  DonkeyRepublic Holding A/S has successfully completed an oversubscribed private placement of new shares to existing investors at a subscription price of DKK 6.33 per share, raising gross proceeds of DKK 22.4M.  This private placement aligns with the company's strategic goals outlined in the 2023 annual report, where it signaled intentions to explore capital-raising opportunities to bolster B2G growth initiatives through long-term contracts with cities beyond 2024. The newly secured funds are intended to strengthen the

Resolutions from Annual General Meeting 2024

Company announcement No. 4 - 2024 Donkey Republic Holding A/S held its Annual General Meeting. Donkey Republic Holding A/S held its Annual General Meeting today at which the Annual General Meeting resolved the following as proposed in the notice: · Took note of the report on the activities in 2023 · Adopted the annual report for 2023 · Approved the allocation of the annual result  · Re-elected all existing members of the board of directors · Re-elected Deloitte Statsautoriseret Revisionspartnerselskab as auditor · Authorised the board of directors to make capital

Donkey Republic convenes the annual general meeting

Company announcement No. 3 - 2024 The board of directors of DonkeyRepublic Holding A/S (the “Company”) convenes the annual general meeting to be held Wednesday 3 April 2024 at 11.00 (CEST). The general meeting is held electronically with no physical attendance.  The agenda and full proposals are attached and can be found at https://invest.donkey.bike/annual-general-meeting-2024 The agenda for the general meeting is: 1. Report on the activities in 20232. Adoption of the annual report3. Resolution on allocation of the annual result 4. Election of members of the board of

Donkey Republic improves EBITDA by DKK 36.4M and realizes revenue of DKK 115.2M (70% growth rate) in 2023

Contains inside informationCompany announcement No. 2 - 2024Financial report for the period 1 January 2023 - 31 December 2023 Key Performance Indicators 2023 Metric Growth* 2023 2022 2021 2020 2019Total revenue 70% DKK 115.2M DKK 67.7M  DKK 37.3M DKK 21.6M DKK 33.5MRiders 58% 561k 360.0k 217.4k 138.2k 252.3kTrips 49% 6.7M 4.5M 3.3M 2.3M 3.3MFleet size 49% 19.9k 13.3k 13k 12.9k 10.5k *Growth: Year on year growth compared

Donkey Republic finishes record year and achieves positive EBITDA of approx. 9.3M DKK and growing the revenue to approx. 115.1M DKK in 2023 (up 70% from 2022)

Company announcement no. 1-2024 Q4-2023 concludes a strong performing year delivering a positive EBITDA of approx. 9.3M DKK in the full year 2023, an improvement of 36.2M DKK from 20222023 was a milestone for Donkey Republic as we delivered a 70% revenue increase while crossing the bridge to becoming EBITDA positive of approx. 9.3M DKK, an improvement of 36.2M DKK from 2022. Donkey Republic finishes 2023 in line with the upward adjusted guidance announced in October 2023 (Revenue: 112-120M DKK, EBITDA: 9-13.5M). In Q4-2023 Donkey Republic realized revenue of 29.1M DKK, corresponding to

Grant of warrants

Company Announcement no. 28-2023 Today, the board of directors has exercised part of its current authorisation to issue a total of 186,000 warrants to the Company’s CFO and a key employee.The warrants are an essential part of securing long-term incentive for management in Donkey Republic to drive the ambitious growth plan and to ensure long-term value for all Donkey stakeholders. The CFO Christian Dufft has been granted 100,000 warrants and 86,000 warrants were granted to a key employee. Each warrant entitles the holder to subscribe for one share of nominally DKK 0.10 in Donkey

Correction to company announcement no. 26-2023: Donkey Republic discontinues agreement with Market Maker

Company Announcement no. 27-2023 In company announcement no. 26, released earlier today, Donkey Republic described the discontinuation of the agreement with Jyske Bank to act as liquidity provider, which could be misunderstood. Hence this correction is published to clarify the agreement with Jyske Bank to act as Market Maker, which is common practice when being listed on Nasdaq First North and to then discontinue the agreement after a certain amount of time. This correction announcement specifies company announcement no. 26-2023 as follows: The agreement with Jyske Bank to act as

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