Biomega e-bikes are designed by Jens Martin Skibsted, a world-famous bike designer with bikes in important permanent museum collections around the world including MoMA in NYC. Starting in August, Biomega will be bringing the best of Scandinavian bike culture to America with our lightweight (17 kilo/37 pounds with battery onboard) BER designed for today's urban/commuter American e-bike market. The BER can be seen at www.biomega.co.
Our business strategy is a hybrid of direct to consumer (DTC) supported by a strong network of independent bike dealers (IBD) with exclusive territories. Our pricing ($2,750 plus tariff direct to consumer) will allow us to sell to the IBDs allowing them a highly competitive 35% mark-up.
We project fiscal 2025 to be a breakeven year on revenue of between $1.2 and $3.6 million (sales of between 500 - 1500 BERs), growing in three years to approximately $14 million (sales of 4,250 e-bikes) and net income of approximately $2 million.
One page Teaser and 14-page Pitch Deck are available on request to
[email protected].
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