PickMe reports strong 1Q performance with 50% revenue growth

Digital Mobility Solutions Lanka PLC., owner of Sri Lanka's leading technology-based mobility platform PickMe, announced its financial results for the first quarter of financial year 2025/26, delivering exceptional growth across all key performance indicators.

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The company reported a consolidated revenue of Rs. 1.8 billion for 1Q, representing a robust 50 percent increase from Rs. 1.2 billion in the corresponding period of the previous financial year. This strong performance is underpinned by a 43 percent year-over-year growth in platform volume, supported by a record-high average of monthly unique users.

Gross Transaction Value (GTV), representing the total value of trips and deliveries facilitated through the platform, grew 36 percent to Rs. 16.6 billion compared to Rs. 12.3 billion in 1Q of the previous financial year, primarily driven by increased transaction volume.