Via Renewables(US:VIA) Zhi Tong Cai Jing·2025-09-12 18:14Company Overview - Via Transportation has launched on the US stock market with an opening price of $45.75, slightly down by 0.5% from its IPO price of $46 [1] - Founded in 2012, the company combines on-demand shared rides with smart routing to optimize public transportation systems in hundreds of cities across over 30 countries [1] Market Presence - Via Transportation serves 689 clients in more than 30 countries, with North America contributing approximately 70% of its revenue and Europe contributing around 30% [1] - The company's primary clients are government agencies, which account for over 90% of its revenue, including public transportation services in Sarasota, Florida, and Raleigh, North Carolina [1] Market Potential - The company estimates its market penetration is only about 1%, with a total addressable market size estimated at $545 billion [1] - For the 12 months ending June 30, 2025, the company's revenue is projected to be $381 million [1]