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  "presentationDate": "2023-05-01 00:00:00",
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      "text": "Source: Based on audited GAAP results for the years ended December 31, 2021 and 2022. 1. G&A includes selling and marketing; other income/expense, R&D expenses. 2. Adjusted EBITDA is calculated by adding depreciation, amortization, taxes, financial expenses (net of financial income) and one-time charges and non-cash adjustments, to net income (loss).",
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      "text": "Average Daily Vehicles Deployed 16,899 33,004 95% ↑~2X growth in fleet size, including new modalities. Average Daily Rides per Vehicle 2.88 2.37 (18)% ↓ Lower daily rides per vehicle in sub-scale launches of new smaller cities. Average Net Revenue per Ride (USD) 0.96 0.88 (8)% ↓ Shorter ride durations under per minute pricing model. Net Revenue (USD, thousands) 16,999 24,998 47% Cost of Revenues, excl. Fleet Depreciation (USD, thousands) (11,752) (18,636) 59% ↓ Sub-scale operations in newly launched smaller cities with fixed minimum viable scale costs, and yet to be consolidated operating teams serving distinct modalities. % of Net Revenue 69% 75% G&A (USD, thousands) ¹ (9,097) (12,777) 40% ↑ Economies of scale in fixed cost. Increase in team and marketing expenses together with introduction of new car-pooling service pilot, and pre-listing advisory expenses. % of Net Revenue 54% 51% Adj. EBITDA (USD, thousands) 2 (1,645) (3,873) (135)% Adj. EBITDA Margin (10)% (15)%",
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      "text": "2021 vs. 2022 results",
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