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TMD launches ART-2 certified keyless Chain Lock priced at €249
TMD introduced the Chain Lock, a Bluetooth keyless bike lock combining a hardened steel chain wrapped in Dyneema/Kevlar, an integrated motion alarm and digital sharing via a mobile app. The lock carries ART-2 certification required by many insurers for e-bikes and offers convenience features like proximity unlocking and emergency code entry. Downsides include a high €249–€283 price, proprietary magnetic charging (no USB‑C), noisy operating tones and battery drain faster than claimed in real-world use. The product suits users who value keyless sharing and insurance-grade certification but is hard to justify versus much cheaper analog locks for most buyers. » More on theverge.com
Financials
| (EUR) | 2024 | |
|---|---|---|
| Revenue | 661.76m | 15,55% |
| Gross profit | 15.42m | 40,99% |
| Net profit | 1.80m | 0,0826% |
| EBITDA | 12.35m | 33,66% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | 14.31m€ |
Number of shares | 23.57m |
52-week high/low | 4,10€ - 0,35€ |
| Dividends | No |
Beta | -1,64 |
P/E ratio | 8,70 |
PEG ratio | 0,09 |
P/B ratio | 0,91 |
P/S ratio | 0,02 |
Company profile
| Name | TMD Energy Ltd |
| CEO | Kam Choy Ron |
| Employees | 66 |
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