OK Mobility expects to close the 2021 tax year with an EBIDTA of more than 50 million Euros

OK Mobility expects to close the 2021 tax year with an EBITDA of more than 50 million Euros and an operating income (EBIT) of more than 36 million Euros. These figures place OK Mobility as one of the fastest growing and highly profitable companies in the sector.

This data was presented by OK Mobility’s CEO, Othman Ktiri, at company headquarters during the II OK Strategic & Financial Day, to around 100 representatives from more than 20 European banking and financial entities, and others who followed the event via streaming.

Once again, these figures demonstrate the resilience capacity of the company’s unique business model, which was also the case in 2020 when the group achieved the best result in the sector in Europe with a positive EBITDA of 17 million Euros and an EBIT of 10 million Euros.

Regarding the current tax year, Ktiri told those present that on the 30 September, OK Mobility’s EBIDTA had exceeded 45 million Euros and the EBIT had exceeded 35 million, exceeding 56% of the accumulated EBIT in the same period of 2019, the year before the pandemic.

Regarding the estimated end of year figures for the 2021 tax year, Ktiri stated that the company hopes to invoice more than 300 million Euros, with an EBIDTA of more than 50 million Euros and an EBIT of around 36 million Euros.

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