CIBOX: Turnover Doubled in 2024

Cibox announced a turnover of €9.8 million in 2024, marking a growth of 104% compared to 2023. This progression is largely attributed to its robust commercial strategy and the ramp-up of production at its temporary site in Revin. Sales particularly jumped in the second half with an increase of 143% compared to the previous year.

The company has focused on developing its YEEP.ME brand and strengthening its digital presence, increasing the share of digital sales to 40%, of which 25% are international. Production at the final site in Revin will begin in the second quarter of 2025, increasing production capacity to meet the growing demand for electric micro-mobility.