Business
Sostravel com S p A : GBV of Travel sales and passenger service revenue as of june 30, 2025
Sostravel com S p A : GBV of Travel sales and passenger service revenue as of june 30,
About this update from Sostravel.com S.p.a.
[{"type":"text","content":"\n COMUNICATO STAMPA\n \n \n \n GROSS BOOKING VALUE (GBV) OF TRAVEL SALES AND PASSENGER SERVICE REVENUE AS OF JUNE 30, 2025\n \n \n \n Rome (RM), 2025, 1st July - sostravel.com S.p.A. (Euronext Growth Milan, ticker: SOS), an Italian digital travel services company for bookings, itineraries, flight and airport information, car rentals, experiences and proprietary travel tech services including Lost Luggage Concierge and Dr. Travel, distributed through the Sostravel and Flio apps as well as platforms https://www.sostravel.com and https://www.amare.travel (\"Sostravel\" or the \"Company\"), announces that the Board of Directors met today to disclose the Gross Booking Value (GBV)* as of June 30, 2025, which considers both travel sales and passenger service revenues as of June 30, 2025.\n \n \n \n Gross Booking Value\n \n \n Gross Booking Value (GBV), the extra-accounting value of all travel services booked by customers on platforms and apps, net of cancellations, reached a total of Euro 16,881,430, up 2.7% compared to Euro 16,442,877 in the same period of 2024, with a CAGR of 16.28% compared to the same period (January 1 -June 30) of the years 2022, 2023, 2024, and 2025.\n \n \n \n Main results of the Passenger Services Business Unit\n \n \n Sales of Lost Luggage Concierge and Dr. Travel services in the period January 1 to June 30, 2025 reached a total of Euro 653,587, compared to Euro 523,123 in the same period of 2024, representing significant growth of 24.9%.\n \n \n \n Main results of the Business Unit \"Booking and Holidays\"\n \n \n Sales in the period January 1 to June 30, 2025 reached Euro 16,227,843, compared to Euro 15,919,754 in the same period of 2024, maintaining a growth trend of 1.9%.\n \n \n \n Carmine Colella, CEO of Sostravel.com stated:\n \n \n \"The agreements for the sale of the Lost Luggage Concierge service, signed at the end of 2024, are beginning to have a positive impact on turnover and margins, giving us the right boost to continue our growth in new markets in what we consider to be the most scalable and profitable business unit. The travel division is maintaining the good results achieved in 2024, even though this Business Unit has been involved in three major changes since the beginning of the year: i) at a strategic level, we have almost halved the risk volumes of empty rooms for properties, favoring an...