Turnover: ()

Country: France

  • Long-term bike rental
  • The young company already has locations in France

News

VelyVelo is a new ally for meal delivery companies and local retailers. 24/11/2021

  • VelyVelo offers subscriptions to businesses and individuals, and designs sturdy electric bicycles
  • The start-up has raised 4 million euros with the ambition of expanding abroad
  • Sales of 2.7 million by 2021
  • Velyvelo's target was 10,000 bikes in 2021, up from 4,000 in 2020
  • It offers rental bikes and electric bike repairs for Just Eat, Uber Eat and Deliveroo (most express grocery delivery start-ups)
  • The French government has launched a 12 million euro plan to develop this activity.
  • VelyVelo also wants to develop a mobile application and diversify its customer base.

Financial Data

DUNS: 833273469

Legal Name: VELYVELO

Address: 177 RUE DU CHATEAU , 75014 PARIS 14

Number of employees: Entre 6 et 9 salariés (2020)

Capital: 99 312 EUR


Financial Data:

Year 2020 2019
Turnover 208 064 142 244
Gross margin (€) 227 763 123 811
EBITDA (€) 39 041 42 064
Operating profit (€) -35 804 -562
Net profit (€) 40 500 1 706
Turnover growth rate (%) 46,3 -
Ebitda margin rate (%) 18,8 29,6
Operating margin rate (%) -17,2 -0,4
Working Capital (turnover days) 12,8 5,8
Working Capital requirements (turnover days) 50,8 92,4
Net margin (%) 19,5 1,2
Added value / Turnover (%) 54,9 57,6
Wages and social charges (€) 74 933 39 109
Salaries / Turnover (%) 36 27,5

Company Managers:

Position First Name Last Name Age Linkedin
Président Asmaa Chakir Alaoui 37

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