67% increase in turnover for CIBOX in the first half of 2024

CIBOX, French specialist in electric micro-mobility, announced a 67% increase in its turnover for the first half of 2024, reaching 4.2 million euros. This performance follows an increase of 63% in the first quarter and 71% in the second quarter.

This growth is explained by the development of sales of its branded products, in particular YEEP.ME, the strengthening of digital channels, as well as the extension of referencing. Online sales now represent 40% of its turnover, with successful expansion in Belgium, the Netherlands, Germany and Spain.

CIBOX is also preparing to launch the first productions at its industrial site in Revin this summer, marking a crucial step in its expansion strategy. A new all-terrain scooter, developed in collaboration with DAKARTM, will also be available.

The company anticipates continued growth in the second half of 2024, while seeking new financing to support its development.