LEKI

The future of mobility is electric. LEKI is making electric vehicle ownership achievable through full-sized, affordable motorcycles.

With design, manufacture and road approvals, LEKI isn’t just a concept, the bikes are ready to ride today.

LEKI’s low upfront capital requirements, minimal overhead costs, contract manufacturing and simple onshore assembly, make LEKI highly scalable.

Get on a LEKI

Australia, Adelaide Australian CSF Offer Transport , Green Industry

LEKI

The future of mobility is electric. LEKI is making electric vehicle ownership achievable through full-sized, affordable motorcycles.

With design, manufacture and road approvals, LEKI isn’t just a concept, the bikes are ready to ride today.

LEKI’s low upfront capital requirements, minimal overhead costs, contract manufacturing and simple onshore assembly, make LEKI highly scalable.

Get on a LEKI

AUD 542,576
217.03% Funded
Min Target
$1,500,000
Max target
Ended
Days Left
109
Investments
Australia, Adelaide Australian CSF Offer Transport , Green Industry

Risk statement

Investors should consider the offer document and the general risk warning before investing.

Fee & Interest

Swarmer will receive AUD 2,800 listing fee and a success fee equal to 6% of funds successfully raised at the completion of the offer.

Cooling off rights

An application made by a retail investor in relation to a CSF offer may be withdrawn within 5 business days after the applications made.

Shares on offer

Ordinary Shares

Minimum investment amount of AUD 250.00

LEKI

Team of LEKI
Further information regarding the offer from LEKI is available in the following documents:
CSF document Share constitution

Raise details

LEKI

Team of LEKI
Further information regarding the offer from LEKI is available in the following documents:
CSF document Share constitution

Reasons To Invest

  • Market Potential: With electric mobility projected to grow rapidly, LEKI targets the booming market for affordable electric motorcycles, offering investors a significant share in a $600M industry.
  • Experienced Leadership: Founded by seasoned growth specialists, LEKI is backed by experts who have successfully propelled household brands, ensuring a strong foundation for success.
  • Scalable Model: LEKI's low upfront capital requirements, combined with streamlined manufacturing and assembly processes, offer scalability and potential for rapid growth.
  • Realised Vision: Unlike many startups, LEKI isn't just a concept – with designs, manufacturing, and approvals in place, the bikes are ready for the market, minimising investor risk.
  • Competitive Advantage: Offering full-sized electric sports bikes at competitive prices, LEKI stands out with learner-approved, street-legal models requiring no specialised charging equipment, appealing to a wide range of riders.


What do I get if I invest in LEKI?

By investing through Equity Crowdfunding, you will own shares in LEKI and be part of our journey by becoming a shareholder. That means that you have a stake in the long-term success of the business should a liquidity event take place. To find out more about becoming a shareholder and what this means review our Investor Page.

In addition to becoming a shareholder of LEKI, a range of perks and benefits are available as a thank you to the investors.


The Problem

Electric motorcycles  are currently expensive and out of reach for most Australians, creating a significant barrier to entry for those seeking electric alternatives and reducing adoption which is forecasted to be 30% of the global  market by 2030.

Enter LEKI…


Our Solution

LEKI is making electric vehicle ownership achievable through affordable full sized electric  motorcycles aimed at the large market of casual riders and enthusiasts alike.

Introducing LEKI

 

The aim is to change the way people move by providing a high value, easily accessible product while decarbonising the market.

With design, manufacture and approvals in place, LEKI isn’t just a concept. The bikes are ready to ride today.

GET ON A LEKI

  • Electric
  • Full sized
  • RRP from $7,999AUD
  • 2 options, 5000W & 10,000W
  • Street legal - Learner approved
  • No specialist charging equipment required
  • Range 90-140km

Check out LEKI here!


Business Model and Competitive Advantage

The LEKI Advantage

The sweet spot for high volume is at the cross section of price and performance.  

With the limited competition priced at a premium, LEKI’s streamlined business model, customer acquisition strategy, simple assembly and direct to consumer e-commerce model allows LEKI to deliver at the intersection of price and performance offering the best value electric motorcycle in Australia. 

LEKI is a direct-to-consumer e-commerce model, focused on creating market penetration and a brand halo delivering high-demand creation through digital performance marketing, influencers and activation events.

Consumers are already searching for electric motorbikes, we convert them.

  • Manufactured on demand Simple modular assembly process - 60 minutes by motor mechanic.
  • Low cost and agile, leveraging existing infrastructure and distribution infrastructure.
  • Speed of delivery to consumer or dealer.
  • Flexible with no permanent assets required.
  • Simplicity of design and modular manufacturing and assembly approach offers speed to market

The LEKI business  model is designed for high volume scale providing direct access to consumers who value transport and the future of electric mobility.

As the first-to-market affordable electric motorcycle in the AUS LEKI is poised to gain significant market share. LEKI’s low upfront capital requirements, combined with the ability to quickly generate positive cash flows due to minimal overhead  costs, contract manufacturing and simple onshore assembly, make our model highly scalable.


Business Achievements

  • Australian Design Rules (ADR) & Road approvals in place
  • 250+ bikes on the road through a distribution partner
  • Newcafe racer model under development, ready for launch late 2024


Risks

Early-Stage Company Risk: Investments in early-stage businesses involve several significant risks. These risks apply to an investment in LEKI and include under capitalization of the enterprise, obstacles or delays in business plans, uncertainties with the regulatory environment, as well as uncertainties in the ability to generate revenue.

Competition Risk: LEKI faces competition from other companies within the outdoor equipment industry. Competitors may adapt their offerings, posing increased competition to LEKI's products.

Supply Risk: LEKI relies on manufacturers and distributors for the supply of parts used in its products. Any decrease in supply or disruptions in the supply chain could impact LEKI's manufacturing operations and revenue.

Market Adoption: Preferences and tastes in international markets may differ from those in LEKI's domestic market. This may affect the adoption of LEKI's products by consumers in international markets.

Operating Costs Risk: While LEKI is currently cash flow positive, maintaining profitability is partly dependent on achieving its strategic plan. Unforeseen increases in operating costs could impact profitability.

Capital Raising Risks: There is no guarantee that LEKI will be able to raise adequate capital in a timely manner to support its commercial goals. Failure to secure additional funding could hinder the company's growth and operations.

Key Person Risk: LEKI is heavily dependent on key personnel, such as its founder or CEO, whose departure could disrupt operations and strategic direction.

Government Policy and Regulations Risk: Changes in laws and regulations, both domestically and internationally, could adversely affect LEKI's operations and profitability.

Contingent Liability Risk: LEKI faces contingent liability risks from past transactions. If these liabilities are exercised, it could impact LEKI's ability to operate profitably.

Unforeseen Expenditure Risk: Despite careful financial planning, unforeseen expenditures could arise, impacting LEKI's ability to achieve its strategic goals within budget.

Intellectual Property Risk: LEKI lacks formal protection for its intellectual property (IP), relying on trade secrets and confidentiality agreements. This exposes its products and services to the risk of being copied by competitors.

Regulatory Risk: LEKI has not obtained full regulatory approval for all its products in certain markets, which could impede its growth strategy. Delays or failures in obtaining necessary approvals may hinder market entry.

Technology Risk: Rapid advancements in technology could render LEKI's products obsolete if the company fails to innovate or adapt.

Distribution Risk: Dependency on a limited number of distributors or retailers for sales can pose a risk. Any disruptions in relationships with key distributors or retailers could impact LEKI's sales and market reach.

Currency Exchange Risk: Fluctuations in currency exchange rates could affect LEKI's costs and profitability, especially if the company operates in multiple countries or sources materials from overseas.

Commodity Price Risk: Price fluctuations of raw materials could impact LEKI's production costs and profit margins.

Environmental and Sustainability Risk: Failure to address environmental concerns or comply with regulations could harm LEKI's reputation and sales.

Litigation and Legal Risk: Legal disputes, such as patent infringement claims or product liability lawsuits, could result in significant financial costs, damage to reputation, and disruption to operations.

Supply Chain Disruption Risk: Events like natural disasters or political instability could disrupt LEKI's supply chain, leading to delays in production or shortages of key components.

Brand Reputation Risk: Negative publicity or quality issues could damage LEKI's brand reputation, affecting sales and customer loyalty.

Cybersecurity Risk: Data breaches or cyberattacks could result in financial losses, legal liabilities, and reputational damage to LEKI.

Management and Governance Risk: Ineffective management or governance issues could hinder LEKI's ability to execute its business strategy effectively.


Use of Funds

Funds will be used for inventory, with 80% of raise funds used for stock fulfilment so more people can Get on a Leki!


About Swarmer

Swarmer is an Australian equity crowdfunding platform connecting businesses and investors. Designed to support start-ups, growth companies and scale-ups we allow everyday investors to own a share in businesses that are the future. We hold Australian Financial Services License (AFS License #507867). 

Find out more about becoming a shareholder via Equity Crowd Funding.