I'd be careful with komoot. They've been operating at a pretty big loss and they were just bought out by a company that has a tendency to rinse a products features for money until everyone leaves. They'll then sell it on having (in their eyes) hopefully made a profit.
Do you have a source for that 1 million in profit? I did find the following article that said their turnover in 23 was €36m but I can't see a profit figure.
https://www.bundesanzeiger.de/ (you have to search for Komoot) It's an official German Website where companies have to publish once a year some data like turnover and profit.
Yeah, I’m lucky I got in way before the changes. I think new users are stuck with having to pay for everything? Now I just can’t access the multi-day rides, which is inconvenient if I want to go bikepacking, but the workarounds are fine.
And yeah, they will probably find a way to make older users pay for basic features too.
Export routes from cycle.travel and open them in OsmAnd or Organic Maps or on a GPS device. They do the best routes for cycling and you can navigate in aeroplane mode, saving a tonne of battery and getting zero distractions 👍
9 Comments
DWin@feddit.uk · 16 pts · 1y
I'd be careful with komoot. They've been operating at a pretty big loss and they were just bought out by a company that has a tendency to rinse a products features for money until everyone leaves. They'll then sell it on having (in their eyes) hopefully made a profit.
Maybe this will be different, but I doubt it.
albert180@piefed.social · 6 pts · 1y
That's bullshit. They were operating profitably (>1 Million in Profit in 2022/2023/2024), they just weren't scaling much anymore.
The Founders just got greedy and wanted a big payday
DWin@feddit.uk · 3 pts · 1y
Do you have a source for that 1 million in profit? I did find the following article that said their turnover in 23 was €36m but I can't see a profit figure.
Here's the article I found: https://www.wiwo.de/technologie/digitale-welt/komoot-wander-app-wird-verkauft-mitarbeiter-geschockt/100115256.html
Regardless of that though, I'm still concerned for its future. I moved all my routes to strava as a precaution.
albert180@piefed.social · 7 pts · 1y
2020/2021 they made over a Million
https://www.bundesanzeiger.de/ (you have to search for Komoot) It's an official German Website where companies have to publish once a year some data like turnover and profit.
2023 they made over 2 Million Profit
https://www.lobbyregister.bundestag.de/media/2f/bc/292203/Jahresabschluss-komoot-2023.pdf
And for 2024 there aren't probably any numbers out yet
psx_crab@lemmy.zip · 3 pts · 1y
Yeah, heard of that news too. I only started getting used to it and bought some map with it, hope they will delay the inevitable.
Vrijgezelopkamers@lemmy.world · 11 pts · 1y
I used to love how they didn’t have a subscription model. Just buy the maps once and you’re set.
:-(
psx_crab@lemmy.zip · 6 pts · 1y
I still buy the map and use it as it is, but subscription model and the new owner mean sooner or later it will turn poopy.
Vrijgezelopkamers@lemmy.world · 2 pts · 1y
Yeah, I’m lucky I got in way before the changes. I think new users are stuck with having to pay for everything? Now I just can’t access the multi-day rides, which is inconvenient if I want to go bikepacking, but the workarounds are fine.
And yeah, they will probably find a way to make older users pay for basic features too.
Churbleyimyam@lemm.ee · 9 pts · 1y
Export routes from cycle.travel and open them in OsmAnd or Organic Maps or on a GPS device. They do the best routes for cycling and you can navigate in aeroplane mode, saving a tonne of battery and getting zero distractions 👍