Dott: 6 Years, 1 Merger, €173.3M In Revenue[Micromobility Pro] Dott reported €173.3m in revenue in FY2025 after a year of transition. Market exits, a merger, and restructuring reshaped the business.
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IntroductionWhen Dott launched in Brussels in January 2019, the micromobility industry was still in its gold rush phase. Companies were flooding cities with scooters, burning cash to grab market share, and treating profitability as a problem for later. Dott took a different view from the start. “We had three first convictions: First, careful growth - starting small and launching in a few key cities to prove the model is useful, sustainable, and can be profitable. Second, Select scooter hardware built for shared usage - more resistant, shipped with spare parts. And third, doing it right and responsibly - having 100% in-house operations, no juicers, no gig economy from the first day.” 6 years later, Dott posted €7.2m in Adjusted EBITDA for FY2025, its first profitable year ever. In an industry that spent years treating losses as a feature rather than a bug, Dott got there by doing almost everything the slow way. Where It StartedDott was founded in 2018 by Henri Moissinac and Maxim Romain, both of whom had already seen the first wave of micromobility up close. Both had worked at Ofo, the Chinese bike-sharing giant. They came back together with a shared belief that the industry was solving the right problem in the wrong way... Subscribe to The Micromobility Newsletter to unlock the rest.Become a paying subscriber of The Micromobility Newsletter to get access to this post and other subscriber-only content. A subscription gets you:
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Dott: 6 Years, 1 Merger, €173.3M In Revenue
Thursday, 9 April 2026
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