OmniCar Provides Corporate Update

OmniCar Holding AB ("OmniCar"), an innovative and mobile car service provider, today announced a corporate update with information supporting the aim to become a European market leader

With over 10 000 happy customers and a 4,9 out of 5 rating OmniCar has proven the unique mobile service offer to be a success. OmniCar is taping right into the megatrends in terms of customers looking for convenience, availability, transparency, and customization, which is something OmniCar is offering customers already, giving us some tailwind in our ambition becoming a convenient car partner for life.

OmniCar’s data driven approach, the newly develop unique platform which offers e.g. a real time price generator, a geo-planning tool, and an integrated parts ordering system gives OmniCar a very solid foundation to enter 2023 with.

OmniCar will during 2023 reach profitability through operation optimization, clear value proposition, secure continued customer success and developing B2B offer together with strategic partnerships. Optimization of daily operations is of outmost importance to support a scalable business model preparing OmniCar for expansion.

OmniCar’s clear plan is to expand and utilize the potential in all of Europe. First in line is greater metropolitan areas in Sweden and Norway due to great potential and synergies with Denmark. OmniCar will enter with a combination organic growth and “big bang” in the largest cities using partnership for logistics and customers to fast track the market.

in Scandinavia alone there are over 10 million cars with a total annual service potential of over SEK 75 billion*. In 2025 OmniCar have the ambition to obtain a market leading position within mobile service in three countries and by 2027 the goal is to have a market leading position for mobile service within Europe.

CEO Mikkel Kofod Christensen states “Based on our vision and our updated strategy I feel confident that we will deliver on our committed targets. The work has already begun, and the organizational set-up is now supporting our way forward. We will work with optimization of operations but never give up focus on sales and customer success.”

“The team at OmniCar is truly committed and always put the customer in focus delivering a convenient and personal experience. OmniCar’s mobile service is unique with the possibility for the customer to get a fixed price and a fixed time while saving over 2 hours every time the car has need for tire change or service” says Chairman Petra Bendelin

For more information reagarding the 2023 strategy and focus areas, we invite investors to take part of our webinar today at 2pm. Participants can register by using this link: https://meet.zoho.eu/85ziTG2TG7

*OmniCar’s own estimation based on SEK 7.250 in annual spend pr car.