In an impressive display of financial strength, Freetrailer has reported substantial growth in its Q3 2024/2025 financial results. The company posted a net revenue of DKK 28.3 million, marking a 25.9% increase compared to the same period last year. EBITDA also saw a remarkable rise, reaching DKK 3.0 million, a 122.2% increase, while profit before tax grew by 42.6% to DKK 1.37 million.

The number of rentals reached 325,853 for the quarter, a 13.4% increase, and the rolling 12-month figures show a 29.1% growth in rentals, totaling 1,483,657. The number of rental products also saw a boost, with a 16.9% increase to 5,473 units.

In light of these strong figures, Freetrailer has raised its revenue guidance for the fiscal year 2024/2025, now expecting between DKK 126–130 million, up from the previous range of DKK 123–128 million. EBITDA guidance has also been adjusted upwards, with expectations now set between DKK 25–28 million, indicating a potential growth of 31–46% compared to the previous fiscal year.

Freetrailer's strategic investments in its digital platform have been pivotal, with 557,280 active app users enhancing both the customer journey and partner experience. The company's expansion efforts, particularly in Germany and the Netherlands, have also contributed to its robust performance. The Netherlands, in particular, has exceeded internal goals, with over 200 units and an expected contribution of over 4,000 bookings this fiscal year.

CEO Nicolai Frisch Erichsen expressed confidence in the company's trajectory, stating, 'We have reached 1.5 million rentals over the past 12 months and set new records on both weekly and daily bases. This demonstrates the strength of our model and the trust both customers and partners have in Freetrailer.'

Considering the company's strong financial performance and strategic initiatives, the recommendation for investors is to buy Freetrailer's stock. The company's upward momentum and strategic expansions position it well for continued growth.