share in total kicksharing revenue in Kyrgyzstan
share in the total fleet of scooters
share in the total volume of rides
users in 2024
revenue in 2023
EBITDA
Return on equity sales
Experts forecast that shares will grow by 2.3 times by the end of 2025*
*based on Woosh IPO multiples: EV/EBITDA, EV/scooter, EV/user (active).
The law “On Amendments to Certain Legislative Acts of the Kyrgyz Republic” was adopted in 2024, where the concept of “personal mobility vehicle” was introduced.
Back in 2022, we launched a project with 50 scooters, and it was a true challenge.
We were the first to solve all the technical challenges and implement the concept of kicksharing in Kyrgyzstan in a modern tech-driven format: with a mobile app, online payment, and acquiring.
Most rides in 2022 were for entertaining purposes, but in 2023 our service became a fully-fledged mode of transportation.
We have increased our fleet 20-fold since the launch and continue to expand it. As the fleet grows, our financial performance improves as well. The market of Kyrgyzstan has huge potential. This year, we are reaching a new level of development and have prepared for the next stage of the company's growth.
Baktiyar Kozhokeev
Executive Director
Launch of the zero preparation cycle
Arrangement of delivery and configuration of the first scooters in Kyrgyzstan
Localization of the user app for iOS and Android, release of the app for field, service teams on Android
Development of a combined billing system, integration with payment gateways
Launch of the service in Bishkek
Growth of the scooter fleet from 50 to 330 units
Development and implementation of virtual parking lots in all city areas
Tripling the scooter fleet
Launch of the Online Riding School to study the basics of safe electric scooter operation
Expanded to 2 new cities: Osh and Jalal-Abad
Signed a partnership agreement with Yandex.Scooters
Opened a new service center 1,000 sq.m. large
Scaling on new scooter models
Launch of a courier service
+3 cities of presence
+1 country of presence