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DOTT PUBLISHES Q2 2026 FINANCIAL REPORT AND PRELIMINARY JULY RESULTS, NARROWS FY 2026 GUIDANCE
AMSTERDAM, Aug. 26, 2026 /PRNewswire/ —
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Net Revenue of €47.5 million, +3% YoY like-for-like (excl. exited markets)
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DMC margin of 42%, +12 ppts YoY to reach our highest reported level for a single quarter
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Adjusted EBITDA of €10.5 million, a YoY increase of €6.4 million
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EBITDA of €8.1 million, with a margin of 17%
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LTM Adjusted EBITDA continued to increase, reaching €20 million to June
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Net Revenue of €19.7 million, +3% YoY and +8% YoY like-for-like (excl. exited markets)
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Adj EBITDA of €6.4 million, +€2.3 million YoY, reaching €22 million LTM to July
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EBITDA of €5.6 million, with a margin of 28%
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Cash & Cash Equivalents of €10.3 million
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Loans & Borrowings of €69.4 million
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Rides per Vehicle per Day (RpAV) |
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Net Revenue per Vehicle per Day (NRVD) |
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ANOTHER STRONG QUARTER OF PROFITABLE GROWTH
Q2 Adjusted EBITDA of €10.5 million was €6.4 million higher than the same quarter last year, taking the year-on-year improvement across the first half to €11.1 million. DMC margin reached 42%, up 12 ppts, the company’s highest reported level for a single quarter.
The improvement was driven primarily by the new fleet deployed during the quarter, with revenue in the markets that received new vehicles growing by 19% year-on-year. Dott now generates more revenue per vehicle per day than ever before, on a fleet 12% smaller than a year ago, reflecting the move to a more focused market portfolio as the basis for profitable growth as well as the strategic underdeployment of certain older vehicle models with lower unit economics.
FY 2026 EARNINGS EXPECTATIONS NARROWED
With continuing profitability improvement, growth in key markets, and our upgraded fleet fully deployed and performing as expected, we remain confident in our outlook. The deployed fleet will however continue to be smaller than planned for the balance of the year. As a result, we are narrowing our FY 2026 Adjusted EBITDA guidance to €30-35 million.
FINANCE LEADERSHIP UPDATE
Having taken the company to Adjusted EBITDA profitability for the first time in full year 2025, secured the financing for the new fleet, and rebuilt the finance function following the merger two years ago, Raoul Gatzen has left Dott to take up a new role. Chris Hadfield, previously VP Corporate Strategy, has been appointed interim CFO. Chris worked closely with Raoul on the bond issuance and equity rounds. The search for a permanent CFO is underway and expected to conclude in the coming months.
