Freetrailer Reports Record Revenue Growth

Freetrailer Group A/S has announced remarkable financial results for the fiscal year 2024/25, achieving a record revenue of DKK 129.5 million, marking a 22.2% increase from the previous year. This impressive growth is complemented by a historical pre-tax profit of DKK 23.6 million, highlighting the company's robust operational performance.

The company's EBIT for the year rose to DKK 25.0 million, translating to an EBIT margin of 19.3%. This growth is primarily driven by a significant increase in rental activity, with the number of rentals surpassing 1.54 million, a 20.6% increase compared to the previous year.

Freetrailer's strategic expansion is evident in its partner growth and rental portfolio. In the fourth quarter alone, the company added 403 rental products, bringing the total to 5,876 units, a 20.7% increase over the past 12 months. The partner base also saw substantial growth, increasing from 193 to 225 partners in Q4, resulting in an annual growth rate of 50%.

Looking ahead, Freetrailer aims to roll out over 1,000 new products in the fiscal year 2025/26, indicating a strong commitment to expansion and innovation. The company has also completed a share buyback program, owning 248,498 of its shares, which reflects confidence in its future performance.

Freetrailer's transition to accounting class C by June 2025 will change its financial reporting, emphasizing EBIT as the primary earnings measure. This shift is expected to provide a more accurate representation of the company's operational efficiency.

CEO Nicolai Frisch Erichsen expressed optimism about the future, citing a record number of rentals in July 2025 and a target of reaching one million users by the end of 2025.

Given Freetrailer's strong financial performance, strategic growth initiatives, and positive outlook for the future, investors may consider holding onto their shares as the company continues to expand and innovate in the rental market.