on TOOSLA (EPA:ALTOO)
Toosla is embarking on a new growth cycle after its restructuring
Toosla, a car rental specialist, is continuing its transformation begun in 2025. The company announced positive adjusted EBITDA despite a decline in activity due to its strategic repositioning. The 2025 results, despite a 15% drop in revenue to €9 million, show a significant improvement in financial fundamentals after the reporting period.
The company reduced its debt from €20.1 million to €2.3 million and doubled its cash reserves through a convertible bond issue. These initiatives, combined with a debt reduction plan and leasing agreements, aim to optimize its financial structure.
With a new strategy focused on the "asset light" model and franchise initiatives, Toosla aims for a return to growth from the second half of 2026, while hoping to generate positive Free Cash-Flow in 2027.
R. H.
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