OmniCarService has signed agreements with two car leasing companies, totaling 300 cars

Estimated yearly revenue potential of SEK 1 million, up to SEK 3 million.

Our sales team has only been active in the market since December 2020 and taking the COVID-19 situation in Denmark into account, they have been reaching great success in closing deals with two car leasing companies.

We estimate a yearly revenue potential of SEK 10 000 per car, it is believed that we during the first year of our agreement will service 33% of the 300 cars which adds up to a sum of SEK 1 million. Potentially, the deal size could reach up to SEK 3 million if we were to service all 300 cars.

Since the inception of OmniCarService in October 2020, we have seen great traction in the private market and have since the beginning of 2021 stepped up to tap into the commercial market as well.

We aim to target leasing companies and large fleet owners and have several interesting meetings lined up. It is believed that we will see a steady stream of new companies joining our service and we will update the market accordingly.

This disclosure contains information that Omnicar is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 15th of January 2021

Claus T. Hansen

CEO
cth@omnicar.dk