CityBee Latvija sees its turnover triple in 2021

Published date06 May 2022
Publication titleLETA

RIGA, May 6 (LETA) - Ridesharing company CityBee Latvija last year posted EUR 8.4 million in turnover, which is three times more than in 2020, while the company's loss rose 32.4 percent to EUR 629,640, according to Firmas.lv.

The company's annual report says that its EBITDA was EUR 166,710, up 32 percent from 2020.

ross profit increased from EUR 480,000 in 2020 to EUR 855,591 in 2021.

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