Flix, the global travel tech company has announced its financial results for 2023. The company reported revenue of 2 billion euros (Rs 17,576 crore), up 30 percent YoY. This also marks the first-time it crossed 2 billion euros mark in annual total revenue.
The tech mobility company said that last year 81 million passengers travelled to over 5,600 destinations with Flixbus, FlixTrain, Greyhound and Kamil Koc, registering an increase of 34 percent compared to 2022.
Andre Schwammlein, Co-Founder and CEO of Flix said, “Our strong annual results show that we have the right strategy in place, which we have been executing over the last eleven years. Last year’s performance reinforces Flix’s success story as a leading global travel tech company. Based on our tech foundation, we want to strengthen our position as a global leader, driving sustainable and affordable travel for everyone.”
Interestingly as part of its global expansion plans, it was in early February 2024, FlixBus launched operations in India, the second-largest bus market in the world, with 200 connections to 46 cities every day, among them Delhi, Lucknow, Jodhpur, and Varanasi. New connections, including the south of the country, are already in the pipeline.
