ENIO | Updates

By Friedrich Vogel

Final Stage of the ENIO Campaign

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Public

Dear Companists,

Thanks to you, ENIO has already reached 190 % of the investment threshold, and we would now like to provide you with the latest news right before the end of our crowdfunding campaign. We want to reach at least 200 % of our investment threshold, and I think there are numerous reasons to support us in reaching our goals.

 

What have we achieved?

Since we launched our equity crowdfunding campaign, we have increased the number of charging stations we control to over 2,500 (i.e., by approx. 66 %) within only a few months. Moreover, we have completed a very large project for one of our principal clients, thus already making a major step toward this year's revenue target.

Operating performance, including revenues, was higher than in the same quarter last year and exceeded our target by 30.5 %. EBIT amounted to approximately €15,000 and were thus significantly higher than the projected -€64,458.

In addition, we have made payment at charging stations much easier by starting a partnership with payment processing company Wirecard. Clients wishing to use the online network and to pay through our app first have to add funds to their account using the ENIO smartphone app. They pay for this transaction using their MasterCard, Maestro, or Visa on the seamlessly integrated Wirecard checkout page. The sensitive card data are encrypted and protected through intelligent risk management tools. Clients pay at the charging stations by entering their PIN. Consequently, they may pay at the charging stations even if they have not previously registered with the station operator. In this way, we are making the use of charging stations more convenient because people will no longer be required to carry countless payment cards for different charging stations with them.

The first BMW and Nissan dealerships have started installing ENIO charging stations, and additional ENIO charging stations have been installed in municipalities such as the Austrian city of Baden.

Therefore, we have realized the plans of our campaign's first investment level, that is, "further development of our youCharge software platform and gradual establishment of the cooperative charging system."

Our Companisto campaign has also led to numerous press articles.

 

Future Outlook

An important project in the electric fleet segment with a total volume of €6 million, in which ENIO has a share of €600,000 and is responsible for the development and implementation of electric charging infrastructure, started on 1 May. While we cannot provide you with any more information on this before the official press release, we will soon inform you of the details. Moreover, we have agreed with Italian charging station manufacturer Alfazero on another partnership in the charging station segment. We have already completed a first project consisting of 25 locations for an Italian energy supplier in Italy in collaboration with Alfazero, thus further expanding our business geographically. In that case, we also have to wait for the official press release to be published before we can tell you more.

Finally, we expect a boost for electric mobility in Germany because of new government grants providing a total of €1.8 billion for vehicles and infrastructure. 

 

We would like to thank you for your confidence in ENIO and look forward to the final stage of our campaign with you!

 

Best regards,

The ENIO team



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Note

Investments in crowdfunding projects offer great opportunities, but they are risk investments. In the worst case, the entire investment amount may be lost. Consequently, these investments are unsuitable for retirement plans. However, there is no obligation to make further contributions. Investors can minimize their risk by splitting their investment amount between crowdfunding campaigns rather than investing all of it in one crowdfunding campaign. Professional investors often follow this strategy because it causes the risk to be distributed among several investments. In this way, successful investments can balance other less successful investments.

The shares of the Companists are subordinated profit-participating loans (partiarische Nachrangdarlehen). Such loans are shares in a business with similar characteristics as equity. If the company becomes insolvent or is liquidated, the claims of the Companists – just like those of all other shareholders of the company – will be satisfied from the assets in the insolvency or the assets in liquidation only after the claims of all other external creditors have been satisfied. Thus, Companists are treated like any other shareholder of the company during insolvency or liquidation proceedings.

The company information published on the Companisto website is provided solely by the companies. The projections made by the companies do not guarantee successful development of the company in the future. Consequently, crowdfunding investments are suitable only for those investors who can cope with the risk of a total loss of the capital invested. Investors make their own independent investment decisions and bear all risks themselves.

The investments are provided and issued by the individual companies. Companisto is neither the provider nor the issuer of the investments, but solely the internet service platform.

296,455 €

Invested

533

Companists

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Share Offered

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The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used.

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