• All the company’s business lines increased revenue compared to the previous year, especially the B2C segment, which represents 76% of total revenue. 

• The acquisition of Cityscoot in France and felyx in the Netherlands has strengthened Cooltra’s leadership in the motosharing sector, with a 50% market share in the cities where it operates. 

• In 2025, the company will roll out two new electric bike models, targeting both private users and businesses.  

Cooltra Group, the leading European company in sustainable two-wheeled mobility, continues its strategy of growth and national and international consolidation. In 2024, the company achieved a revenue of €60 million—32% more than the previous year—and has maintained a positive EBITDA since 2019. The company’s expansion strategy and entry into new markets were further reinforced by the acquisition of Cityscoot in France and felyx in the Netherlands. 

This positive revenue trend is driven by growth across all business areas, particularly in B2C, which generated €45 million in revenue. This figure includes motosharing services across Europe (operated by Cooltra and felyx in the Netherlands and Belgium), as well as short- and long-term rentals for individuals. 

The B2B division (corporate and institutional rentals) also posted steady growth of 4% compared to 2023, reaching €14.5 million in revenue. 

“2024 was a pivotal year for Cooltra, as we consolidated our leadership in sustainable two-wheeled mobility in Europe. The integration of Cityscoot and felyx has strengthened our presence in key markets and allowed us to continue offering accessible and efficient solutions to users. Despite market uncertainties, our sustained growth reflects the strength of our business model and encourages us to stay the course,” said Timo Buetefisch, co-founder and CEO of Cooltra. “Moreover, in 2025 we’ll continue to innovate with the launch of new electric bike models for both B2C and B2B, reaffirming our commitment to improving the user experience and quality of life in urban environments.” 

Motosharing service cements Cooltra’s leadership in Europe 

B2C remains Cooltra’s main growth driver, with €45 million in revenue in 2024 (+42%), largely thanks to its sharing service (per-minute rental of e-mopeds and e-bikes), which alone accounted for €40.2 million, with more cities and more rides. 

In 2024, Cooltra expanded to 15 new cities in the Netherlands and Belgium through the integration of felyx, reaching a total of 23 cities in 6 countries. Notable additions include the return to Eindhoven and Delft, as well as the expansion of operations in Rotterdam, where felyx secured its motosharing contract through 2030 with a fleet of 1,500 e-scooters. For the first time, the company will also deploy 800 shared electric bikes in Rotterdam. 

Other new cities include Amsterdam, The Hague, Groningen, Breda, Tilburg, Enschede, Haarlem, Zwolle, Den Bosch, Nijmegen, and Brussels. This expansion has allowed Cooltra to achieve a market share of over 50% in the cities where it operates, with Milan, Rome, Paris, and Barcelona leading the way. At a global level, Cooltra remains Europe’s largest operator with 8.7 million rides and a 42% market share. 

The fleet has also grown significantly, now exceeding 16,000 fully electric shared vehicles. Growth was especially notable in Barcelona, where the fleet tripled to 1,950 e-mopeds and expanded into 7 additional municipalities through the AMB (Barcelona Metropolitan Area) motosharing project. Since October, the service has been available in three towns in the Baix Llobregat area (Esplugues, Sant Just, Sant Feliu), two in Barcelonès (L’Hospitalet and Barcelona), and three in the Besòs area (Santa Coloma, Sant Adrià, and Badalona). 

Beyond sharing, short- and mid-term rentals for private users also saw improved performance, generating €4.6 million in revenue. In 2024, Cooltra successfully launched its digital Click&Ride system, enabling users to book, pick up, and return vehicles without visiting a physical store. The service will expand in 2025 to over 100 pickup points, especially in the Balearic Islands for vacation rentals. 

Cooltra’s B2B leasing service enters new markets 

Cooltra’s positive results are also due to strategic contracts secured through its business line focused on companies, public administrations, and police forces, both in Spain and across Europe. The B2B segment accounts for one quarter of the company’s total revenue, at €14.5 million—a 4% increase year-on-year. The available fleet has also grown to over 8,000 vehicles (+11%). 

The opening of two new markets—the Netherlands and Belgium—and contracts with key clients like Flink and Just Eat have been major growth drivers. 

Germany also contributed to the upward trend through agreements with clients like Flink and the addition of Domino’s Pizza. Once again, the food delivery sector tops the list of most in-demand leasing clients, followed closely by private security companies and police fleets. 

Regarding agreements with public administrations, Cooltra delivered 156 two-wheeled vehicles in 2024, reflecting a clear trend towards electrification. In fact, over the past five years, the company has supplied more than 1,000 motorbikes — both for rental and purchase — to various state police forces and already has over 150 local councils across Spain in its client portfolio. 

2025: the year of the electric bike for Cooltra 

Beyond motosharing, Cooltra is doubling down on electric bikes in 2025. A new shared e-bike model is being deployed in the B2C line, already operational in the Netherlands with 1,400 units in Delft, Rotterdam, and Nijmegen, and will soon arrive in Barcelona with 600 new units as part of a fleet renewal plan. The goal is to enhance the user experience by offering seamless service through a single app, letting users choose between an electric scooter or bike based on their needs. 

In the B2B space, Cooltra is preparing to launch a proprietary electric bike, designed and manufactured entirely in Europe in collaboration with Conor. This model has been specifically developed to meet the needs of delivery businesses. Meanwhile, the company continues to grow its network of strategic partners to manage and implement public bike-sharing projects.  

Commitment to sustainability 

As part of its end-to-end commitment to electric and efficient mobility, Cooltra signed an agreement in 2024 with Octopus Energy to power its 40 work centers in Spain with 100% green energy. This partnership enables the company to charge its fleet of more than 7,000 electric vehicles (3,500 from its sharing service and the rest from its B2B and B2C divisions) using clean energy. Both companies share a common mission: to promote sustainable mobility and renewable energy. 

Disclaimer: all financial figures included in this press release are currently under audit and therefore subject to change.