The rest of the world has found Vmoto....

Nice press release header!

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http://www.*.com.au/the-rest-of-the-world-has-found-vmoto-the-australian-electric-scooter-2015-9

The rest of the world has found VMoto, the Australian electric scooter


Chris Pash  Yesterday at 10:15 AM  9

http://edge.alluremedia.com.au/uploads/*/2015/08/vmoto-nred-cross.jpgVmoto’s Electric Two-Wheel Vehicle Products supplied to the Spanish Red Cross. Supplied

The world has discovered Australian electric scooters.

Full year sales of VMoto scooters grew 57% to $24.9 million, according to results for the six months to the end of June. Profit was up 379% to $1 million.

Managing director Charles Chen says Vmoto has delivered on its strategy of targeting high margin international sales.

He says Vmoto is well positioned to achieve its profit guidance for 2015 of between $5 million and $7 million.

“We have also received significant interest for potential collaborations with international groups that will complement and enhance our existing customer base, and we look forward to reporting on these in the coming months,” says Chen.

Here’s Vmoto’s sales trajectory:
http://edge.alluremedia.com.au/uploads/*/2015/09/vmoto-sales.jpg
The company says it made significant progress in finding distribution opportunities for North America, Italy, Switzerland, the UK, Ireland and New Zealand.

The total number of scooters sold was up 13% to 41,503 units. Those sold to international customers increased 68% to 7,211.