Revenue Performance - Total revenue decreased by $863, or 20%, for the three months ended June 30, 2023, compared to the same period in 2022, and decreased by $256, or 3%, for the six months ended June 30, 2023 [117]. - Mobility revenues decreased by $1,021, or 24%, in the six months ended June 30, 2023, compared to the same period in 2022, and decreased by $1,022, or 38%, for the three months ended June 30, 2023 [118]. - Media revenues increased by $463, or 15%, in the six months ended June 30, 2023, compared to the same period in 2022, and increased by $32, or 2%, for the three months ended June 30, 2023 [119]. Operating Expenses and Losses - Total operating expenses increased to $35,897 for the three months ended June 30, 2023, compared to $20,756 for the same period in 2022, representing a 73% increase [116]. - Net loss for the three months ended June 30, 2023, was $34,219, compared to a net loss of $19,740 for the same period in 2022, reflecting a 73% increase in losses [116]. - Cost of revenues increased by $2,254, or 22%, for the three months ended June 30, 2023, compared to the same period in 2022 [122]. Cost Management - Mobility cost of revenues for the three months ended June 30, 2023, was $5,019, down from $7,220 in the same period in 2022, a decrease of 44% [121]. - Sales and marketing expenses decreased by $2,490 or 73% in Q2 2023 compared to Q2 2022, and by $3,849 or 64% in the first half of 2023 compared to the same period in 2022 [126][128]. - General and Administrative expenses decreased by $1,197 or 19% in Q2 2023 compared to Q2 2022, and by $1,644 or 13% in the first half of 2023 compared to the same period in 2022 [131]. Future Outlook - The Company anticipates a decrease in media revenues in future periods due to the early termination of agreements with LNPB, which will impact commercialization of media rights [120]. - The Company aims to achieve cash positivity by reducing operating cash used in the micro-mobility business, resulting in the closure of some operating markets [118]. Financial Liabilities and Equity - As of June 30, 2023, the total financial liabilities of the company amounted to $31,877 million, with $25,156 million classified as current financial liabilities [155]. - The company partially repaid $9,228 million of the 2022 Convertible Notes during the six months ended June 30, 2023, including $8,047 million in principal [158]. - The company issued 103,689 Class A Common Shares in satisfaction of conversion requests totaling $1,296 million in principal and interest during the same period [159]. Cash Flow and Financing - Net cash used in operating activities was $21,836 for the six months ended June 30, 2023, compared to $23,206 for the same period in 2022 [149]. - Cash and cash equivalents as of June 30, 2023, were $512, excluding restricted cash of $688 [147]. - The Company plans to continue funding operations and expansion through debt and equity financing for the next twelve months [148]. Impairments and Adjustments - The Company recorded an impairment of Goodwill amounting to $13,826 and Intangible assets of $2,619, totaling $16,444 for the six months ended June 30, 2023 [135][132]. - Interest expenses increased by $353 or 23% in Q2 2023 compared to Q2 2022, and by $74 or 2% in the first half of 2023 compared to the same period in 2022 [137]. - The company adopted ASU 2016-13 effective January 1, 2023, which requires a current expected credit loss methodology for measuring impairments of certain financial assets [187]. Shareholder Actions - The CEO converted $78 million of deferred salaries into 13,000 Class A Common Shares during the six months ended June 30, 2023 [175]. - The 2023 SEPA Convertible Note has a principal amount of $4,500 million with a maturity date of September 15, 2023, and a fixed conversion price of $25 [162]. Operational Highlights - The number of Quarterly Active Platform Users (QAPUs) is used to assess platform adoption and transaction frequency [141]. - The Company provided sharing electric mobility services in multiple cities across Italy and the United States during the six months ended June 30, 2023 [145]. - The company recorded a gain of $637 million for waiving overdue invoices related to the leasing of 2,950 E-scooters [165]. - Future annual minimum lease payments as of June 30, 2023, are projected to total $2,044 million for operating leases and $488 million for finance leases [167]. - The company has a total of $11,269 million in overdue invoices related to media rights agreements following the early termination of agreements with LNPB [171].

Revenue Performance - Net revenue for the three months ended March 31, 2023, was $3,919,000, an increase of 18% compared to $3,312,000 for the same period in 2022[109]. - Mobility revenues remained flat at $1,578,000 for both periods, with a slight decrease in active markets and trips[110]. - Media revenues increased by $430,000, or 26%, driven by a rise in live subscribers from $310,000 to $685,000[111]. Operating Expenses - Total operating expenses decreased to $19,381,000 from $21,362,000, a reduction of 9% year-over-year[108]. - Sales and marketing expenses decreased by $1,359,000, or 52%, due to the termination of consultancy agreements and reduction of marketing staff[117]. - Research and development expenses increased by $99,000, or 13%, reflecting ongoing investments in the in-house Global IT engineering team[118]. - General and administrative expenses decreased by $449,000, or 7%, primarily due to a reduction in stock-based compensation[119]. Non-Operating Expenses - Total non-operating expenses increased by 204% to $4,088,000, mainly due to SEPA financial expenses and a significant decrease in the fair value of warrant liabilities[120]. Stock and Financial Position - The company executed a one-for-fifty reverse stock split on March 30, 2023, to improve stock price and market perception[104]. - As of March 31, 2023, the company reported cash and cash equivalents of $647 million, excluding restricted cash of $310 million[131]. - The company entered into two Standby Equity Purchase Agreements (SEPA) in January and March 2023, allowing it to sell up to $70 million of its Class A Common Stock over 24 months[133]. - Total financial liabilities as of March 31, 2023, amounted to $35.837 million, with $28.956 million classified as current financial liabilities[138]. Cash Flow - For the three months ended March 31, 2023, the company experienced a net cash used in operating activities of $12.886 million, an improvement from $16.539 million in the same period of 2022[133]. Investments and Services - During the three months ended March 31, 2023, the company invested $356 million in property, equipment, and intangible assets[136]. - The company provided sharing electric mobility services in 13 cities across Italy and 10 cities in the United States during the three months ended March 31, 2023[129]. Loss and Expenses - The company reported a net loss of $19.554 million for the three months ended March 31, 2023[134]. - The company recorded content licensing expenses of $4.070 million for the three months ended March 31, 2023[152]. - Media rights-related accounts payable stood at $7.913 million as of March 31, 2023, with future minimum payments related to media rights agreements totaling $27.202 million[150][152]. Lease Obligations - The company has future annual minimum lease payments of $2.450 million for operating leases and $2.046 million for finance leases as of March 31, 2023[145]. Regulatory and Accounting Matters - The company is classified as an "emerging growth company" under the JOBS Act, allowing it to take advantage of certain reporting exemptions[158]. - The company has elected to use the extended transition period for new or revised financial accounting standards, which may complicate financial statement comparisons with other public companies[159]. - There are currently no off-balance sheet arrangements reported by the company[160]. - The company adopted ASU 2016-13 regarding credit losses effective January 1, 2023, with no material impact on its financial statements[161].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from __________ to __________ | Title of Each Class | Trading Symbol(s) | Name of Exchange on which Registered | | --- | --- | --- | | Class A Common Stock | HLBZ | Nasdaq Capital M ...

Helbiz, Inc. (HLBZ) Q3 2022 Earnings Conference Call November 14, 2022 5:00 PM ET Company Participants Gary Dvorchak - Investor Relations, Managing Director of The Blueshirt Group Salvatore Palella - Founder & Chief Executive Officer Jonathan Hannestad - Chief Operating Officer Giulio Profumo - Chief Financial Officer Conference Call Participants Operator Thank you for standing by, and welcome to the Helbiz Third Quarter and Nine Months 2022 Earnings Conference Call. Currently, all participants are in liste ...

Financial Data and Key Metrics Changes - Revenue for Q2 2022 was $4.4 million, representing a 46% increase year-over-year and a 32% increase compared to Q1 2022 [7][13] - Mobility revenue contributed 62% of total revenue, growing 72% sequentially due to increased fleet size and seasonal factors [14] - Cost of revenue for mobility decreased by 17%, while total operating expenses doubled compared to last year [16][17] Business Line Data and Key Metrics Changes - Mobility segment showed strong growth with quarterly active platform users up 90% sequentially and 47% year-over-year [14] - Media revenue contributed 34% of total revenue, primarily from media rights and Helbiz Live subscriptions [15] - Helbiz Kitchen revenue nearly doubled sequentially as awareness of the service increased [15] Market Data and Key Metrics Changes - As of June 30, 2022, Helbiz owned 50 licenses in 38 cities across the U.S. and Europe, with expansion plans in Tampa, Michigan, and Miami-Dade [8] - Internationally, Helbiz expanded into Australia and partnered with local entities to enhance service offerings [9] Company Strategy and Development Direction - The company is focused on achieving profitable operations and margin expansion while controlling costs [6][24] - Helbiz introduced taxi hailing to its app, enhancing its mobility offerings in a capital-light manner [10][24] - A letter of intent was signed to acquire Wheels, indicating a strategy for growth through acquisitions [9] Management's Comments on Operating Environment and Future Outlook - Management acknowledged headwinds from supply chain issues and inflation but expressed confidence in achieving revenue growth [13] - The company expects Q3 revenue to increase sequentially due to higher fleet utilization from seasonal factors and reiterated its goal for 2022 revenue to double [22] Other Important Information - Helbiz completed a $5 million financing as part of a planned green bond issue, reflecting its commitment to sustainability [11] - The company is investing in safety technologies, including the HelmetChecker feature for real-time helmet verification [10] Summary of Q&A Session - No Q&A session was conducted during this conference call [27]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39136 Helbiz, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or organization) 32 ...

Financial Data and Key Metrics Changes - Revenue more than tripled compared to Q1 2021, driven by growth in Mobility and Media contributions [4][10] - Mobility generated 48% of total revenue, with significant growth in new cities in the U.S. and Italy [10] - Quarterly active platform users increased by 66%, and total trips rose by 58% [11] - Unlimited subscriptions grew by 76%, indicating strong customer interest in bundled services [11] - Operating expenses doubled, primarily due to business growth and increased marketing efforts [12] Business Line Data and Key Metrics Changes - Mobility business showed substantial revenue growth, contributing significantly to overall revenue [10] - Media business became a key growth engine, accounting for nearly half of the revenue, with Helbiz Live subscriptions making up about 20% of revenue [11][12] Market Data and Key Metrics Changes - The company is expanding its services into new communities across the U.S., Europe, and Asia Pacific [4] - Partnerships with Google Maps and other platforms are enhancing visibility and accessibility of Helbiz services [6] Company Strategy and Development Direction - The company is focused on organic growth and exploring M&A opportunities to expand its fleet and services [5] - Plans to capitalize on the recovery of demand to pre-pandemic levels by increasing vehicle deliveries in various cities [14] - The company aims to double its revenue in 2022 compared to the previous year, reflecting growing ride utilization and city expansion [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth potential of the micro-mobility sector despite challenges like inflation and rising gas prices [8] - The company is well-positioned to take advantage of the increasing adoption of environmentally friendly transportation alternatives [14] Other Important Information - The company secured an additional $10 million in funding to support its growth objectives [4][13] - A financial lease agreement for approximately 3,000 e-Scooters became effective in March 2022 [13] Q&A Session Summary - The Q&A session concluded without specific questions being documented, indicating a focus on the presentation rather than audience inquiries [16]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39136 Helbiz, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 84-3015108 (State or other jurisdiction of incorporation ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from __________ to __________ Commission File Number: 001-39136 HELBIZ, INC. (Exact name of registrant specified in its charter) Delaware 84-3015108 (State or Other Jurisdiction of ...

Helbiz, Inc. (HLBZ) Q3 2021 Earnings Conference Call November 15, 2021 4:30 PM ET Company Participants Gary Dvorchak - The Blueshirt Group Salvatore Palella - Founder, Chairman & CEO Giulio Profumo - CFO & Director Conference Call Participants Operator Thank you for standing by, and welcome to the Helbiz Third Quarter 2021 Earnings Conference Call. Currently, all participants are on a listen-only mode. As a reminder, today's program may be recorded. I'd now like to introduce your host for today's program, ...