Hailo is the evolution of the taxi hail — a free smartphone app which puts you just two taps away from a licensed vehicle, and lets drivers get more passengers when they want them. Founded by three taxi drivers and three internet entrepreneurs, Hailo recently merged with Daimler-owned mytaxi to form Europe's largest e-hailing business. A Hailo hail is accepted around the world every two seconds from Hailo’s global network of over 60,000 drivers and more than a million passengers. Launched in November 2011, Hailo is available in London, all across Ireland, Madrid, Barcelona. Hailo has carried over twenty million passengers and grown to annualized sales of well over $100M. 


Type
Subsidiary
Parent Company
Daimler
HQ
London, GB
Founded
2011
Hailo was founded in 2011 and is headquartered in London, GB

Key People at Hailo

Gary Jackson

Gary Jackson

Co-founder
Ron Zeghibe

Ron Zeghibe

Executive Chairman
Caspar Woolley

Caspar Woolley

Chief Operations Officer

Hailo Office Locations

Hailo has offices in London, New York, Madrid, Barcelona and in 1 other location
London, GB (HQ)
Somerset House
New York, US
568 Broadway, 11th Floor

Hailo Metrics

Hailo Summary

In total, Hailo had raised $100.6 m. Hailo is a subsidiary of Daimler

Hailo Financial Metrics

Hailo's revenue was reported to be £3.4 m in FY, 2015 which is a 12% decrease from the previous period.
FY, 2012FY, 2013BFY, 2014AFY, 2015A

Revenue

£1.5 m£4 m£3.8 m£3.4 m

Revenue growth, %

177%(5%)(12%)

Cost of goods sold

£913.7 k£1.7 m£1.9 m£1.2 m

Gross profit

£542.1 k£2.3 m£1.9 m£2.2 m

Gross profit Margin, %

37%58%50%64%

General and administrative expense

£2.4 m£4.2 m£4.3 m

Operating expense total

£8.2 m£2.4 m£4.2 m£4.3 m

Pre tax profit

(£2.1 m)

Net Income

(£27 k)(£2.2 m)(£2.1 m)
FY, 2015

Cash

£710 k

Accounts Receivable

£427 k

Current Assets

£1.2 m

PP&E

£15.9 m

Total Assets

£17.1 m

Accounts Payable

£154 k

Current Liabilities

£23.5 m

Retained Earnings

(£2.1 m)

Total Equity

(£6.4 m)

Financial Leverage

-2.7 x
FY, 2015

Cash From Operating Activities

(£3.6 m)

Cash From Financing Activities

£3.7 m

Hailo Operating Metrics

Apr, 2013Y, 2014

Drivers

30 k60 k

Registered Users

400 k

Rides

3.6 m

Hailo Online Presence

Hailo News

Hailo Company Life

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