November 28, 2023 – Toosla (ISIN code: FR00140062B9 – mnemonic code: ALTOO), a digital player in short-term car rental, announces very good commercial momentum since the summer of 2023, allowing it to exceed its revenue target. business for 2023 and to be part of a favorable trend for 2024.
More than €10 million in turnover in 2023
On the occasion of the presentation of its strategic roadmap “On the road to 2024”, which should put the Company on the path to profitable growth, Toosla announced a turnover target of around 10 million € in 2023, compared to less than €8 million in 2022.
Based on the volume of business achieved to date and reservations recorded until the end of the year, Toosla is already able to achieve more than €10 million in turnover in 2023.
On track to reach €12 million in 2024
In addition, activity over the last 4 months has systematically stood at more than €1 million, which, maintained at this rate, could lead Toosla to achieve an annual turnover of €12 million in 2024, in line with the announced objective.
Toosla is therefore well on its way to achieving the first two commercial milestones of its strategic plan.
Optimization of the vehicle fleet
This commercial performance is the result of progressive optimization of the vehicle fleet. Thus, since the change in general management made at the end of July 2023, the monthly growth in revenue has systematically been higher than the growth in the fleet compared to the same period of 2022. Better still, the Company has finalized its process of optimizing the fleet, in line with its needs for 2024, and will have, from the end of the month, a fleet of 600 vehicles with secure financing.
This sound management, made possible by the flexibility of the proprietary fleet management technology platform and the agility of the commercial policy, should have a favorable impact on the Company’s profitability.
Panayotis Staïcos, General Director of Toosla
states:
“
We asked, when presenting our roadmap, to be judged on our ability to say what we were going to do and do what we said. The 2023 turnover target was the first milestone we set on our path and I am proud, more than 5 weeks before the end of the financial year, to announce that we will exceed our promise.
It is thanks to the tireless work of our employees and the trust of our partners that Toosla becomes more desirable every day for its customers and more credible for its shareholders. We are thus faithful to our motto: do more and better with less.
»
About TOOSLA |
Find all of Toosla’s financial information on:
www.toosla-bourse.com
Contacts
|
Toosla – Investor Relations Jérôme Fabreguettes Leib [email protected] – 01 53 67 36 78 |
Toosla – Press Relations Anne-Charlotte Dudicourt [email protected] – 06 24 03 26 52 |
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