Sostravel.com Approves the Annual Financial Statement Draft as of December 31, 2023: Profit of €1.169 Million and Gross Booking Value Growth of 29.6%
Below are the main financial and economic data:
- REVENUE: €19.527 million (compared to €17.118 million as of 31/12/2022) +14.07%
- EBITDA: €461,251 (compared to €23k as of 31/12/2022) +€438,219
- Adjusted EBITDA: €541,087 +€79,836 versus EBITDA
- EBIT: -€95,675, showing strong improvement (compared to -€673,828 as of 31/12/22)
- Net result: €1.169 million, significantly improved (compared to -€616k as of 31/12/2022)
- Adjusted NFP (net financial position) (cash): -€27k (*) (compared to -€761k as of 30/06/2023)
-
Gross Booking Value (**) as of
March 27, 2024 , equal to €7.17 million (up by 29.6% compared to the same period in 2023)
(*) The minus sign indicates a positive cash balance.
(**) Off-balance sheet value of bookings received.
GALLARATE,
The Company has exceeded the EBITDA targets presented in the original version of the Plan published in
KPIs € |
2024E |
2025E |
2026E |
2027E |
Revenues |
20,9M |
25M |
29M |
32,5M |
Growth YoY % |
7,6% |
19,4% |
15,7% |
12,0% |
EBITDA |
1,29M |
2,17M |
3,15M |
3,83M |
EBITDA margin % |
6,2% |
8,7% |
10,9% |
11,8% |
PFN (cash) |
(1,57M) |
(2,61M) |
(4,50M) |
(4,89M) |
Download the full Press Release on the IR website of
View source version on businesswire.com: https://www.businesswire.com/news/home/20240401973239/en/
Investor Relations
investor.relations@sostravel.com
www.sostravel.com
Source: