Skip to main content

Flix clocks 2 billion euros in revenue in 2023

In February, the company FlixBus launched operations in India with 200 connections to 46 cities every day.

Autocar Professional BureauBy Autocar Professional Bureau calendar 29 Feb 2024 Views icon11337 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Flix clocks 2 billion euros in revenue in 2023

Germany-based travel technology Flix SE clocked an annual revenue growth of 30% on year in 2023 to reach 2 billion euros with robust passenger growth. The company’s adjusted EBITDA rose 7% to 104 million euros while its EBITDA margin came in at 5.2%.

Flix noted that 81 million passengers traveled last year to over 5.600 destinations with FlixBus, FlixTrain, Greyhound, and Kamil Koc, representing a growth of 34% compared to 2022.

“Flix recorded a strong operational and financial performance across all its segments, including FlixBus, FlixTrain and the services under the Kamil Koc brand in Türkiye and Greyhound in North America,” the company said in a press release.

In February, the company FlixBus launched operations in India with 200 connections to 46 cities every day.

Tags: Flix

RELATED ARTICLES

Gabriel India to Invest ₹180 Crore in New Capacity, Automation in FY27

auther Darshan Nakhwa calendar16 Jul 2026

The FY27 investment will support a second Hosur facility, automated and robotic lines at Khandsa, and additional gas-dam...

Gabriel Targets Fivefold Jump in Export Share to 15-20% by 2030

auther Darshan Nakhwa calendar16 Jul 2026

Direct exports currently account for 3-4% of the auto component maker’s portfolio. It plans to first raise the share to ...

Studds Accessories Introduces Trooper Trail Helmet Variant 

auther Dev Vadchhedia calendar16 Jul 2026

The new graphic edition features double safety certification and a color-shifting paint option at a baseline retail pric...