In 2023, Flix SE, a travel technology company based in Germany, achieved a 30% year-on-year revenue growth, reaching 2 billion euros, driven by robust passenger expansion. The company’s adjusted EBITDA increased by 7% to 104 million euros, with an EBITDA margin of 5.2%.
Flix reported that 81 million passengers traveled last year to over 5,600 destinations using FlixBus, FlixTrain, Greyhound, and Kamil Koc, marking a 34% growth compared to 2022.
The company stated in a press release that it delivered strong operational and financial results across all segments, including FlixBus, FlixTrain, and services under the Kamil Koc brand in Türkiye, as well as Greyhound in North America.
Additionally, in February, FlixBus commenced operations in India, offering 200 connections to 46 cities daily.