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
revenue	150.52M -	90.11M 40.14%	205.14M 127.67%	244.66M 19.26%
cost of revenue	286.20M -	115.99M 59.47%	165.74M 42.89%	209.96M 26.68%
gross profit	-135.68M -	-25.89M 80.92%	39.41M 252.22%	34.70M 11.93%
selling and marketing expenses	16.66M -	18.40M 10.49%	17.91M 2.71%	16.32M 8.87%
general and administrative expenses	192.06M -	154.37M 19.62%	210.00M 36.03%	233.81M 11.34%
selling general and administrative expenses	208.72M -	172.78M 17.22%	227.90M 31.91%	250.13M 9.75%
research and development expenses	40.84M -	34.38M 15.82%	31.43M 8.58%	40.11M 27.64%
other expenses	2.98M -	5.95M 99.60%	29.87M 402.40%	125.40M 319.77%
cost and expenses	535.75M -	323.14M 39.68%	425.07M 31.54%	500.19M 17.67%
operating expenses	249.56M -	207.15M 16.99%	259.33M 25.19%	290.24M 11.92%
interest expense	4.96M -	6.56M 32.43%	6.07M 7.45%	10.77M 77.39%
ebitda	-265.30M -	-194.60M 26.65%	-138.46M 28.85%	-68.42M 50.58%
operating income	-385.23M -	-208.05M 45.99%	-219.92M 5.71%	-255.53M 16.19%
depreciation and amortization	119.93M -	13.46M 88.78%	81.47M 505.46%	187.11M 129.68%
total other income expenses net	-1.98M -	-616K 68.83%	23.80M 3,963.64%	-101.20M 525.20%
income before tax	-387.21M -	-208.67M 46.11%	-196.12M 6.01%	-356.73M 81.89%
income tax expense	276K -	64K 76.81%	209K 226.56%	2.01M 861.72%
net income	-387.48M -	-208.73M 46.13%	-196.33M 5.94%	-358.74M 82.72%
weighted average shs out	10.97M -	10.97M 0%	10.90M 0.63%	272.62M 2,400.00%
weighted average shs out dil	10.97M -	10.97M 0%	10.90M 0.63%	272.62M 2,400.00%
eps	-35.31 -	-19.02 46.13%	-18 5.36%	-1.32 92.67%
epsdiluted	-35.31 -	-19.02 46.13%	-18 5.36%	-1.32 92.67%

CO:BIRD

Bird

Last Close

0.42

20/12 20:57

Market Cap

1.34M

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3.88M

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