Bird Global, Inc., a micromobility company, engages in delivering electric transportation solutions for short distances. Its sharing vehicles include e-scooters and e-bikes. The company offers a fleet of shared micro electric vehicles to riders through bird.co, as well as sells vehicles to distributors, retailers, and direct customers. Bird Global, Inc. was founded in 2017 and is headquartered in Miami, Florida.

Bird Global, Inc.

Bird is on a mission to provide eco-friendly transportation for everyone.

Veronorte

Shane Torchiana

Travis VanderZanden

Yorkville Advisors

Fidelity Management and Research Company

Greycroft

Idinvest Partners

Pegasus Tech Ventures

Signals Venture Capital

Target Global

Team Global

Caisse de Depot et Placement du Quebec

Sequoia Capital

Alate Partners

MacKinnon, Bennett & Company

Obelysk

Sand Hill Angels

Relay Ventures

Bird

We're joining forces with Rock the Vote to boost voter turnout and civic engagement!

As part of this initiative, on Election Days in markets Bird operates, residents will be able to use a promotional code in the Bird app to unlock two complimentary 30-minute rides. The aim is to break down transportation barriers and ensure that every voice can be heard at the ballot box.

"As a company committed to creating sustainable and engaged communities, we recognize the importance of civic duty and the power of the vote," said Stewart Lyons, President of Bird Global. "Our partnership with Rock the Vote reflects our commitment to foster civic engagement and ensure that all voices are heard."

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Shoutout to Bird for leading the charge at 550+ individual pledges for this year's #CleanAirDayCA. Through only the following 4 partnerships, we've already secured 1,000+ clean air pledges -- A win for clean air! 💙 

All actions matter. Pledge today: https://lnkd.in/gQyGGe9t

Today, Bird ($BRDS) announces the acquisition of Spin, which positions us as North America’s largest micromobility operator by market share.

Spin has a strong presence in North America including operations in over 50 cities and university campuses with minimal overlap with Bird’s existing footprint. The acquisition increases Bird’s geographical footprint, solidifying its position as the leading micromobility operator in North America by market share and by number of markets serviced.

“Spin is a great financial and strategic acquisition for Bird and we expect this acquisition will enable us to achieve long-term sustainable profitability. In addition to our overall market leadership in North America, the company now holds a leading market share position in key markets, more new vehicles, cutting-edge technology, and a significantly stronger financial position,” said Michael Washinushi, Bird Interim CEO.

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Bird Global Appoints H. Joseph Prodan as CFO

We're happy to announce the appointment of Joe Prodan, CPA as Chief Financial Officer (CFO), effective August 30, 2023. Mr. Prodan succeeds Michael Washinushi, following his recent appointment to Interim CEO.

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Bird Soars to New Heights with Remarkable Summer Ridership

Bird riders clocked nearly 16 million miles over the summer season with 11 million rides taken; 1.2 million new users turned to micromobility to get around

“This has been another incredible summer for Bird as we’ve expanded our reach, improved accessibility, and contributed to a greener, more connected world. Our ridership figures are a testament to the dedication of our riders as well as the hard work of our global team,” said Stewart Lyons, President of Bird Global. “We are proud to play a pivotal role in contributing to hundreds of cities’ sustainability goals while making alternative transportation convenient, efficient, and fun.”

Read the full release here 👉 bwnews.pr/3r25qRN

Exciting News - Bird Launches E-Bike Fleet in #Seattle! ⚡ 

We’re thrilled to announce the arrival of Bird’s cutting-edge e-bikes in the vibrant city of Seattle. 

With a mission to make urban life more #sustainable and convenient, we’re deploying an initial fleet of 200 e-bikes across the Seattle metro area.

Read the full release here: https://lnkd.in/gTG9tq8p

Exciting news! 🇨🇦 🛴 

Bird Canada has been selected by Société du parc Jean-Drapeau in the province of Québec for an exclusive e-scooter deployment this Summer. 

“We are pleased to have been selected as the exclusive operator to deploy e-scooters on the territory of Société du parc Jean-Drapeau this summer. Montrealers have been looking forward to riding e-scooters again. Bird Canada is thrilled to offer a sustainable solution to make this summer season a success when it comes to sustainable transportation” - Stewart Lyons, CEO of Bird Canada

Read the full release here:

MIAMI--(BUSINESS WIRE)-- "Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced the extension of its operations in Rome, Italy. Bird, which began operations in Rome in 2020, was awarded a new three-year permit that includes expansion of its services throughout the city.

The expansion is part of Rome’s ongoing efforts to reduce dependence on personal automobiles and lower the city’s car density. Bird is taking a leading role in this effort by providing mobility alternatives with a significantly lower carbon footprint than cars as well as partnering with the city of Rome to integrate its fleet with the current public transportation infrastructure.
“The extension of our permit and granting of expanded operations in Rome is an important win for Bird and another meaningful step in our mission to provide sustainable and convenient transportation solutions in city centers,” said Renaud Fages, Chief Mobility Officer, Bird. “We’re honored to be selected by Rome as one of three operators in the city excelling at fleet performance and management. We look forward to expanding our footprint in Rome in the coming weeks and months.”

The new permit allows Bird to more than double its current fleet size to approximately 4,500 scooters. Bird plans to upgrade its fleet to offer its newest models of micro-electric vehicles equipped with the latest safety and sustainability features in order to provide access to sustainable transportation to a much larger population in an expanded operating area."

#business #micromobility #sustainability

	Dec '19	Dec '20	Dec '21	Dec '22
net income	-387.48M -	-208.73M 46.13%	-196.33M 5.94%	-358.74M 82.72%
depreciation and amortization	116.95M -	32.49M 72.22%	51.59M 58.77%	61.71M 19.62%
deferred income tax	3.65M -	463K 87.31%	-32.59M 7,137.80%
stock based compensation	30.74M -	6.17M 79.91%	86.63M 1,303.16%	95.33M 10.05%
change in working capital	8.00M -	1.71M 78.63%	-50.25M 3,038.71%	41.93M 183.43%
accounts receivables	-4.55M -	-662K 85.46%	-8.37M 1,164.65%	3.62M 143.28%
inventory	-4.36M -	-901K 79.34%	-9.33M 935.63%	15.92M 270.57%
accounts payables	-15.51M -	-15.10M 2.69%	-7.49M 50.42%	15.01M 300.53%
other working capital	32.43M -	18.37M 43.36%	-25.06M 236.45%	7.38M 129.43%
other non cash items	18.76M -	17.74M 5.46%	9.32M 47.46%	102.94M 1,004.46%
net cash provided by operating activities	-209.38M -	-150.15M 28.29%	-131.63M 12.34%	-56.83M 56.82%
investments in property plant and equipment	-108.56M -	-12.36M 88.61%	-215.70M 1,644.85%	-89.41M 58.55%
acquisitions net	-171K -	68.66M 40,254.39%
purchases of investments
sales maturities of investments
other investing activites
net cash used for investing activites	-108.73M -	56.30M 151.78%	-215.70M 483.11%	-89.41M 58.55%
debt repayment	-21.34M -	-18.78M 12.00%	-40.61M 116.29%	-110.59M 172.33%
common stock issued	1.22M -	933K 23.46%	423K 54.66%	1.05M 149.41%
common stock repurchased
dividends paid
other financing activites	338.73M -	49.71M 85.32%	483.56M 872.78%	129.12M 73.30%
net cash used provided by financing activities	318.61M -	31.87M 90.00%	443.37M 1,291.36%	19.59M 95.58%
effect of forex changes on cash	-1.05M -	-3.59M 242.23%	10.09M 381.00%	5.80M 42.49%
net change in cash	-545K -	-65.57M 11,931.74%	106.13M 261.86%	-120.86M 213.87%
cash at beginning of period	119.89M -	119.34M 0.45%	53.77M 54.95%	159.90M 197.40%
cash at end of period	119.34M -	53.77M 54.95%	159.90M 197.40%	39.05M 75.58%
operating cash flow	-209.38M -	-150.15M 28.29%	-131.63M 12.34%	-56.83M 56.82%
capital expenditure	-108.56M -	-12.36M 88.61%	-215.70M 1,644.85%	-89.41M 58.55%
free cash flow	-317.94M -	-162.51M 48.89%	-347.32M 113.72%	-146.24M 57.89%

CO:BIRD

Bird

Last Close

0.42

20/12 20:57

Market Cap

1.34M

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Volume Today

3.88M

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