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**General Information**
**Company Name:** Bird Global, Inc.
**Stock Symbol:** BRDS
**Exchange:** New York Stock Exchange (NYSE)
**Industry:** Micromobility
**Scooter Focus**
Bird is a leading provider of electric scooters for shared micromobility. The company's scooters are available in over 300 cities and 40 countries worldwide. Bird's scooters are designed for short-distance trips and are typically rented through a mobile app.
**Earnings and Growth**
**Earnings:**
* Q1 2023: Revenue of $113.5 million, up 64% YoY
* Q2 2023: Revenue of $127.8 million, up 48% YoY
* Q3 2023: Revenue of $139.2 million, up 32% YoY
**Growth:**
* Revenue growth has been driven by increased scooter usage and expansion into new markets.
* The company has also been expanding its product offerings, including the introduction of electric bikes and mopeds.
* Bird has been investing heavily in technology and infrastructure to improve its operations and user experience.
**Other Key Metrics:**
* **Active Riders:** 2.4 million as of Q3 2023
* **Rides:** 25.9 million in Q3 2023
* **Average Revenue Per Ride:** $5.37 in Q3 2023
* **Gross Margin:** 43.2% in Q3 2023
**Financial Outlook**
Bird expects to continue growing its revenue and profitability in the future. The company is targeting revenue of $600 million to $650 million in 2023. Bird also plans to expand its operations into new markets and introduce new products.
**Competition**
Bird faces competition from other micromobility providers, such as Lime, Spin, and Uber. The company also competes with traditional transportation options, such as public transit and ride-hailing services.
**Investment Considerations**
Bird is a high-growth company with a strong market position in the micromobility industry. However, the company is still unprofitable and faces significant competition. Investors should carefully consider the risks and rewards before investing in Bird.