Greater Than: Vehicles at standstill impact km’s driven and hence ARPU – Danske Bank
Q1 20 sales came in at SEK3m, below our SEK3. 6m, which is explained by the majority of vehicle fleets using Greater Than’s Enerfy solution being at standstill due to COVID-19 lockdowns. This hurts ARPU. However, the number of Enerfy platform users grew 178%, from low levels.
This is positive and indicates that activity, although impacted at the beginning of the COVID-19 outbreak, is accelerating at a good speed.