01× 1
Swap cabinet
A battery exchange point in our network.
1 × $3,300$3,300
TASHKENT · ELECTRIC MOBILITY INFRASTRUCTURE
The city moves.
Your capital, too.
We provide bikes and power for couriers. You fund the equipment and receive a monthly share of the profit. We take care of day-to-day operations.
Investment per cluster$14,710 ↗USD equivalent · 1 cabinet + 14 e-bikes + 21 batteries
We pay your share of actual profit in UZS. We do not guarantee returns. Our proposed term is 48 months; early exit is not guaranteed.
YOUR CLUSTER1 + 14 + 21
Your equipment. Our network.
OUR BASE MODEL · 1 CLUSTER
~$1,071per month
70% share · until capital recovery
Then a 30% share~$459 / month
We show USD equivalents. Our calculation assumes unchanged operating profit.
You own the equipment
Under our proposed lease, the equipment stays in your name for the lease term.
We run the operation
Our team manages riders, rentals and routine maintenance.
A share of profit, every month
We show distributable profit and your share in our monthly reporting.
01 / WHAT YOUR CAPITAL PUTS TO WORK
One cluster. Two revenue streams.
We bring e-bike rental and battery swapping together in one network. Your investment funds one cluster with the equipment below.
02× 14
Electric bike
The vehicles we rent to delivery riders.
14 × $410$5,740
03× 21
Swappable battery
We plan for 1.5 batteries per bike.
21 × $270$5,670
01 — E-bike rental
We rent electric bikes to couriers and earn revenue from their rental payments.
02 — Battery swapping
We earn revenue from our battery service through subscriptions or payments per use.
02 / YOUR NUMBERS
Choose your investment. Understand your returns.
Choose your cluster count and our model will calculate your monthly share and illustrative 48-month cash flows. We also show the assumptions behind the numbers.
01
$14,7101 cluster
What if profit falls further?
0% means no profit; 100% is our base calculation. Use this to explore a drop in profit; we are not predicting future results.
Until capital recovery · 70%$1,071/ month
Following phase · 30%$459/ month
Modeled capital recovery14 months
Receipts above capital · 48 months$15,879
Cumulative payments0 — 48 months
Start24 months48 months
The capital line marks your initial investment; the chart is not the asset’s market value.
Total receipts over 48 months$30,589
48-month ROI108%
Annualized IRR75%
Before additional investor costs and taxes. IRR accounts for cash-flow timing. It is not a fixed annual payment or a guaranteed rate.
This is our illustrative calculation. We pay in UZS and use an assumed rate of 1 USD = 12,000 UZS for USD display, not a live rate. We hold profit flat for 48 months. We do not guarantee full capital recovery or early exit.
We exclude additional maintenance/replacements, investor taxes, delays and FX changes. We scale results in proportion to cluster count and change the share in the month after capital recovery. See our calculation assumptions ↗
48-month payment schedule
| months | Share | Monthly payment | Total paid |
|---|---|---|---|
| 1 | 70% | $1,071 | $1,071 |
| 2 | 70% | $1,071 | $2,141 |
| 3 | 70% | $1,071 | $3,212 |
| 4 | 70% | $1,071 | $4,282 |
| 5 | 70% | $1,071 | $5,353 |
| 6 | 70% | $1,071 | $6,424 |
| 7 | 70% | $1,071 | $7,494 |
| 8 | 70% | $1,071 | $8,565 |
| 9 | 70% | $1,071 | $9,635 |
| 10 | 70% | $1,071 | $10,706 |
| 11 | 70% | $1,071 | $11,777 |
| 12 | 70% | $1,071 | $12,847 |
| 13 | 70% | $1,071 | $13,918 |
| 14 | 70% | $1,071 | $14,988 |
| 15 | 30% | $459 | $15,447 |
| 16 | 30% | $459 | $15,906 |
| 17 | 30% | $459 | $16,365 |
| 18 | 30% | $459 | $16,824 |
| 19 | 30% | $459 | $17,283 |
| 20 | 30% | $459 | $17,741 |
| 21 | 30% | $459 | $18,200 |
| 22 | 30% | $459 | $18,659 |
| 23 | 30% | $459 | $19,118 |
| 24 | 30% | $459 | $19,577 |
| 25 | 30% | $459 | $20,036 |
| 26 | 30% | $459 | $20,494 |
| 27 | 30% | $459 | $20,953 |
| 28 | 30% | $459 | $21,412 |
| 29 | 30% | $459 | $21,871 |
| 30 | 30% | $459 | $22,330 |
| 31 | 30% | $459 | $22,789 |
| 32 | 30% | $459 | $23,247 |
| 33 | 30% | $459 | $23,706 |
| 34 | 30% | $459 | $24,165 |
| 35 | 30% | $459 | $24,624 |
| 36 | 30% | $459 | $25,083 |
| 37 | 30% | $459 | $25,542 |
| 38 | 30% | $459 | $26,000 |
| 39 | 30% | $459 | $26,459 |
| 40 | 30% | $459 | $26,918 |
| 41 | 30% | $459 | $27,377 |
| 42 | 30% | $459 | $27,836 |
| 43 | 30% | $459 | $28,294 |
| 44 | 30% | $459 | $28,753 |
| 45 | 30% | $459 | $29,212 |
| 46 | 30% | $459 | $29,671 |
| 47 | 30% | $459 | $30,130 |
| 48 | 30% | $459 | $30,589 |
03 / HOW WE SHARE PROFIT
Know your share. At every stage.
We offer a 48-month partnership. The agreements we sign together define our respective rights and responsibilities.
01
70%Until capital recovery
We allocate 70% of distributable net profit to you and 30% to us.
02
30%Then, through month 48
We allocate 30% of distributable net profit to you and 70% to us.
Our model transfers the assets to us at the end of month 48. Before signing, clarify with us what happens if your capital has not been recovered.
We cover operating expenses from revenue, which affects your profit share. Review responsibilities for wear, major maintenance and insurance with us in the contracts.
04 / OUR RESULTS AND CALCULATIONS
Our results, open for you to see.
Here we share our 2026 revenue, our May pilot and the investor calculation. We explain the period and basis behind each set of figures.
OUR RESULTS
Our revenue. Two sources.
Our latest month’s revenue382.4 m
UZS · August 2026
Compared with May+60.3%
May → August 2026
Compared with prior month-5.5%
July → August 2026
E-bike rental revenueSWAP revenue
Total revenue across four months 1,397,386,232 UZS
Exact figures and operations
| Month | Rental count | SWAP count | E-bike rental revenue, UZS | SWAP revenue, UZS | Total, UZS | Monthly change |
|---|---|---|---|---|---|---|
| May | 413 | 3,387 | 162,286,732 | 76,207,500 | 238,494,232 | — |
| June | 577 | 7,085 | 212,472,000 | 159,412,500 | 371,884,500 | +55.9% |
| July | 557 | 8,489 | 213,619,000 | 191,002,500 | 404,621,500 | +8.8% |
| August | 540 | 7,920 | 204,186,000 | 178,200,000 | 382,386,000 | -5.5% |
This is our internal revenue report for May–August 2026. We show amounts in UZS and count rental events. We do not provide an independent audit opinion for these figures.
We show revenue here; we have not included expenses, taxes or distributable net profit in this table. Our investor calculator uses a separate model — we have not replaced its profit assumptions with these revenue figures.
OUR PILOT RESULTS · MAY 2026
OUR PILOT RESULTS · MAY 2026
2 112total users
189active users
1 923inactive users
These are the user counts in our admin panel for our May 2026 pilot. Active and inactive are statuses in our dashboard. We have not specified the activity window or criteria here.
How do we calculate your share?
We share the starting figures in our financial model. We do not provide an independent audit opinion for this calculation.
- Swap revenue · 48 days
- 252 468 870 UZS
- Rental revenue · 18 days
- 134 677 000 UZS
- Cost assumptions
- Swaps 45.9% · bike service 10% + VAT 12%
We normalize swap revenue to 30 days and divide it across 14 model clusters. We scale rental revenue from a base of 200 bikes to 14 bikes in a new cluster. We deduct the cost percentages before sharing profit.
We hold profit flat for 48 months in this calculation. We exclude additional replacement costs, investor taxes, delays and exchange-rate changes. We increase the input ratio of 10 bikes per cabinet to 14 in a new cluster.
View our calculation formulas ↗05 / THE TERMS THAT MATTER
Clear agreements. Ongoing oversight.
Your ownership and our responsibilities are set out in the agreement. We track your equipment and manage daily operations to keep it in working condition.
INVESTMENT RAISED$250,000
Review the agreementRaised from our partners under this lease structure.
As of 13 September 202601Lease structure and legal opinion
Our partnership follows the Ijarah / Ijarah Muntahia Bittamleek lease model. Our lease structure is established and our legal opinion is ready. We already work with partners on this basis. Review our agreement and legal opinion before making your decision.
Request the agreement and legal opinion ↗02Your ownership. Our responsibility.
Equipment ownership, use and our duties as operator are fully set out in the agreement. We track each unit, monitor its technical condition and organize servicing. Keeping the equipment in working condition is our team’s daily responsibility.
If equipment develops a fault, we take all necessary steps to restore its operation. Technical downtime is possible; our obligations and how we fulfil them are defined in the agreement.
03How is your profit share determined?
We pay your share from the actual net profit of our operations. The calculation applies a 70% share until capital recovery and 30% thereafter. Results depend on revenue and costs: profit may fall or be zero. We do not guarantee returns or capital recovery; some or all of your capital may be lost.
04Payments, term and exit
We pay in UZS; the dollar equivalent depends on the exchange rate. The partnership term is 48 months. Review the agreement’s provisions for the end of the term and early exit. We do not guarantee an early sale or exit.
06 / OUR TEAM
We run the network.
Meet our core decision-making team at Wolter. We make the key decisions about our network’s development and partnerships.
Akmaljon Nabiev
CEO · Co-founder
Ayubxon Zokhidullaev
COO · Co-founder
Akmal Paiziev
Angel investor · Advisor
Shukurullo Tadjiev
Angel investor · AdvisorOur 25-person operations team
Our operations team of 25 handles the daily work: supporting couriers, rentals, battery swaps and equipment maintenance. We set the direction, and our operations team puts it into practice every day.
Our advisors’ involvement does not guarantee your capital or returns.
YOUR NEXT STEP
Let’s look at the numbers together.
Get in touch. We can discuss our financial model, partnership terms and your questions together. Contacting us does not commit you to invest.
- Financial model and pilot report
- Lease and asset-transfer agreements
- Asset list and risk register
Review our agreement, legal opinion and your partnership questions with our team.