Toosla: Prospects seduce, the title goes up


(CercleFinance.com) – Toosla announced on Friday that it had accelerated its growth in the 2022 financial year by generating an 89% increase in turnover, in line with the trajectory announced when it was listed on the stock market at the end of 2021.

The company, which specializes in the digital rental of short-term cars, achieved a turnover of 7.7 million euros last year, compared to 4.1 million euros in 2021.

If this figure turns out to be lower than the forecast of analysts from Invest Securities (8.7 million euros), the company has declared that it expects a continuation of its growth dynamic in 2023.

In its press release, Toosla indicates that its activity has doubled in the month of January alone, while mentioning excellent reservations for the winter holidays.

The company points out that the rest of the year is also looking very promising, believing that its markets still offer “great prospects for development”.

To meet the strong demand from its customers, the company secured the doubling of its fleet in February for the 2023 financial year with a peak forecast in high season at 1,200 cars.

In terms of development, Toosla plans to focus its efforts on Paris and Madrid, where the short-term rental market is deep and
where it has strong positions.

Listed on the Paris Stock Exchange, its action rose 12.5% ​​after this publication.

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