KINTO Share Achieves Record Growth and Plans Major Fleet Expansion

We are excited to share some fantastic news about KINTO Share's recent performance and our future plans. In January 2025, we achieved remarkable growth, setting new records for user engagement and business-to-business (B2B) revenue.

Record-breaking User Growth
This January, we reported over 11,500 active users and more than 25,000 rentals, marking an impressive 60% increase compared to January 2024. This surge in active users highlights the growing popularity of our flexible and sustainable mobility solutions. Notably, January is typically a low season for car-sharing services, making this growth even more impressive. The increased demand during this period underscores the shifting preferences of consumers towards more flexible and sustainable transportation options.

B2B Revenue Milestone
Our B2B segment has also seen extraordinary growth. We reported B2B revenues exceeding 1 million SEK for January 2025, a substantial increase from the 166,000 SEK recorded in January 2024. Representing a remarkable rise of over 500% year-over-year. This expansion underscores the value that businesses find in our services, offering cost-effective and flexible transportation solutions for corporate needs.

Impact of Volvo On Demand Discontinuation
The recent discontinuation of Volvo On Demand has left many customers in urgent need of new car-sharing solutions. This has put significant pressure on our available vehicles, further driving the demand for KINTO Share's services.

Scaling Up for Summer
To meet this demand, we are planning a major expansion of our fleet. By summer, we will significantly increase the number of available cars to ensure we can continue to provide excellent service to our users. This expansion is a crucial step in maintaining our momentum and meeting the needs of our growing customer base.

"We are thrilled to see such strong growth in both our user base and B2B revenues," said Olof Holmgren for KINTO Share. "These milestones are a testament to the hard work of our team and the trust our customers place in us. We remain committed to providing innovative and sustainable mobility solutions that meet the evolving needs of our users."

Thank you for your continued dedication and hard work. Together, we are driving the future of mobility in Sweden.

Sandra Ryberg - sandra@kinto.nu