Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues364m366m383m350m353m410m407m
% growth(17 %)1 %5 %(9 %)1 %16 %(1 %)
EBITDA39.2m39.5m5.6m18.5m32.0m54.5m109m
% EBITDA margin11 %11 %1 %5 %9 %13 %27 %
Profit(49.3m)(67.4m)(98.9m)(76.0m)(56.7m)(75.9m)(45.0m)
% profit margin(14 %)(18 %)(26 %)(22 %)(16 %)(18 %)(11 %)
EV / revenue--2.4x2.5x1.6x1.5x0.8x
EV / EBITDA--163.7x46.8x17.6x11.3x2.8x
R&D budget28.7m30.6m46.0m40.9m---
R&D % of revenue8 %8 %12 %12 %---
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DateInvestorsAmountRound
-

N/A

-
N/A

$50.0m

Series A
N/A

$100m

Series B

$30.0m

Series B
*

$300m

Series C

N/A

Valuation: $2.4b

6.5x EV/LTM Revenues

59.9x EV/LTM EBITDA

SPAC IPO
*
N/A

N/A

IPO
*

$345m

Post IPO Debt
*

$50.0m

Post IPO Equity
Total Funding$480m

Recent News about Gogoro

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More about Gogoroinfo icon
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Gogoro is a pioneering company in the urban transportation sector, focusing on sustainable energy solutions designed for modern cities. The company operates primarily in the electric vehicle market, offering a comprehensive ecosystem that includes electric scooters and an innovative battery-swapping network. Gogoro's primary clients are urban commuters and city dwellers who seek efficient, eco-friendly transportation options. The company generates revenue through the sale of electric scooters, subscription services for battery swapping, and partnerships with other businesses in the mobility sector. By managing over 200,000 battery swaps daily across Taiwan, Gogoro ensures that users can ride seamlessly without the downtime associated with traditional charging methods. This business model not only promotes sustainability but also enhances user convenience and reduces urban pollution. Gogoro's market presence is bolstered by its accolades, including the CES Best In Show Award and recognition as the 2018 Asian Company of the Year. The company continues to innovate with products like the Gogoro Eeyo, an ultralight, digital eBike designed for a superior riding experience.

Keywords: urban transportation, sustainable energy, battery-swapping, electric scooters, eco-friendly, urban commuters, mobility sector, subscription services, innovative technology, Gogoro Eeyo.

Tech stack

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Investments by Gogoro

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