#ebusco

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fromSilicon Canals
3 weeks ago

Ebusco faces bankruptcy without 'timely' liquidity injection: shifts to OED model as revenue plunges 90% in 2024 - Silicon Canals

An OED model enables us to operate more capital-efficiently and reduce our risk profile. By leveraging our strengths—our top-tier product design and engineering capabilities.
European startups
fromSustainable Bus
3 weeks ago

Ebusco is still on the brink of insolvency due to "overdue payables exceeding its available liquidity" - Sustainable Bus

Ebusco's ability to continue operations is at risk due to overdue payables exceeding liquidity and reliance on third-party agreements for payment schedules.
European startups
#turnaround-plan
European startups
fromSustainable Bus
2 months ago

Ebusco has relocated 74 previously-cancelled buses and obtained 22 million in debt financing - Sustainable Bus

Ebusco secures €22 million in debt financing to manage upcoming cash shortfalls and implement a turnaround strategy.
European startups
fromSustainable Bus
2 months ago

Ebusco has relocated 74 previously-cancelled buses and obtained 22 million in debt financing - Sustainable Bus

Ebusco secures €22 million in debt financing to manage upcoming cash shortfalls and implement a turnaround strategy.
more#turnaround-plan
#gotion
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