Business
Final Results
Final Results.
About this update from Trainline Plc
[{"type":"text","content":"\n\n \n \n\n7 May 2025\n \nTrainline plc\nResults for the twelve months ended 28 February 2025\nRecord operating performance from Europe's number one rail app\nFY2025 financial summary:\n\n\n\n\n£m unless otherwise stated: \n\n\nFY2025\n\n\nFY2024\n\n\n% YoY\n\n\n% YoY CCY5\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNet ticket sales1\n\n\n5,907\n\n\n5,295\n\n\n+12%\n\n\n+12%\n\n\n\n\nRevenue\n\n\n442\n\n\n397\n\n\n+11%\n\n\n+12%\n\n\n\n\nAdjusted EBITDA2\n\n\n159\n\n\n122\n\n\n+30%\n\n\n \n\n\n\n\nOperating profit\n\n\n86\n\n\n56\n\n\n+54%\n\n\n \n\n\n\n\nAdjusted basic earnings per share (pence)3\n\n\n19.2\n\n\n12.3\n\n\n+56%\n\n\n \n\n\n\n\nBasic earnings per share (pence)3\n\n\n13.1\n\n\n7.3\n\n\n+80%\n\n\n \n\n\n\n\nOperating free cash flow4\n\n\n110\n\n\n91\n\n\n+20%\n\n\n \n\n\n\n\n \n \nFinancial highlights:\n· Group net ticket sales up 12% year on year5 to £5.9 billion; revenue up 12%5 to £442 million\n· Adjusted EBITDA up 30% to £159 million (2.69% of Group net ticket sales vs. 2.31% in FY2024) reflecting operating leverage and cost management; operating profit up 54% to £86 million\n· Basic earnings per share of 13.1p up 80%; adjusted basic earnings per share of 19.2p, up 56%; Operating free cashflow up 20% to £110 million\nStrategic highlights:\n· Europe's most downloaded rail app6; total active customer base of 27 million7\n· Driving digitisation of UK rail with 18 million active customers7:\no Eticket penetration8 of industry ticket sales increased from 47% to 52%\no Digital railcard customers up 9% to 2.3 million, with share of 16-25 and 26-30 railcard users at 43%\no New App homepage reducing time to purchase by 36%\no Supercharging user experience with AI, launching in-app AI Travel Assistant\n· Pursuing significant long-term opportunity in Europe; successfully honing aggregation playbook in Spain, to deploy in France & Italy as those markets liberalise:\no €12 billion projected industry sales9 by 2030 on liberalised high-speed routes in France, Italy & Spain expected to provide catalyst for Trainline to scale in Europe\no Net ticket sales...