Ann: Vmoto's 2Q24 Market Update, page-13

Hey Lommi

Re the factory being finished in 2025. Thanks for that. Understood.

I stil find it a little confusing though. The fact that the building is ongoing, would mean that payments would be ongoing. Admittedly a reduced rate.

I guess that the Half yearly will shed some further light on that.

Re the non-bike sales, there must have been a bit of that going on to enable the comapny to remain operationally cashflow positive.

Knocked Down Product (KDP) would have contributed as welll I suppose, for example Revolt still selling @700 units per month, Cahrged (although not much). Maybe Nuuk have started building their own VS2s (which was always expected). In LATAM, Mottu (not much a this stage). Italika (no idea how many).

I am a big big fan of the cabinets / EV ecosytem stuff coz it will help lock in customers (with completed uints or KPD) and grow bike sales as well.

I agree with you that perhaps the quaretly updates need to include other revenue streams if they are becoming significant.

When Ivan finishes collating the 1H report, I can't halp but think thee will be a profit upgrade based on the stuff in the quarterlies.

I shall remain a little confused until then. Ha!

I'll bug out now and let others have their (positive or negative) say.

Cheers