Digital Mobility Solutions Lanka PLC, the parent company of Sri Lanka’s leading technology-based mobility platform PickMe, has announced remarkable growth for the first quarter of the 2025/26 financial year. The company reported a consolidated revenue of LKR 1.8 billion, marking a 50% increase compared to the same period last year. This performance underscores the company’s resilience and strategic advancements in a competitive market.
Key Highlights
- Revenue Growth: Achieved a 50% year-over-year increase in revenue.
- User Engagement: Significant rise in active users and trip volumes.
- Service Expansion: Enhanced service offerings across ride-hailing, food delivery, and logistics sectors.
Strategic Initiatives Driving Growth
Several strategic initiatives have contributed to this robust performance:
- Technology Optimization: Continuous improvements in IT infrastructure have enhanced platform efficiency and user experience.
- Service Diversification: Expansion into new service categories has attracted a broader customer base.
- Market Penetration: Strengthened presence in underserved regions, increasing market share.
Looking Ahead
Digital Mobility Solutions Lanka PLC remains committed to innovation and customer satisfaction. The company plans to:
- Invest in Technology: Further enhance platform capabilities to meet evolving user needs.
- Expand Services: Introduce new features and services to diversify offerings.
- Strengthen Partnerships: Collaborate with stakeholders to foster growth and sustainability.
For more detailed financial information and reports, visit the PickMe Investor Relations page.
Image sourced from: Facebook page of [FT Sri Lanka]
