Helbiz sees losses in mobility revenue, slight gains in streaming

Helbiz’s third quarter earnings show a company that’s burning cash, not making revenue gains and losing riders year over year. However, Helbiz’s burgeoning sports streaming service did realize some small gains.
The micromobility SPAC reported its Q3 earnings Monday, the same day as its only public market competitor, Bird. Neither company is performing well operationally or on the stock market. Bird issued a growing concern warning and admitted to overstating its revenue for two years. Both companies are trading below $1.00 and risk stock market delisting.
Helbiz closed out th

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