NEWS, Corporate

OK Mobility Group achieves record turnover of €223 MM in the first nine months of 2023

Nov 30, 2023

OK Mobility, the global mobility platform, has reported a record 2023 in revenue, reaching €223 million in turnover for the first nine months of the year; an increase of more than 16% versus the same period in 2022. The data was presented by our CEO Othman Ktiri at the 4th OK Strategic & Financial Day, held at the company's renovated headquarters in Palma de Mallorca.

Among the data presented, it is worth highlighting the strong growth of our company's mobility services, which, with a turnover of €152 million from January to September, has already exceeded the turnover for the entire 2022, being this figure 21% higher than the same period of the previous year. The rest of the turnover, more than €71 million, comes from the sale of the fleet (remarketing), which we carrie out in more than 15 countries through our own distribution channels.

On the operational side, 2023 is synonymous with expansion. Expansion in terms of "geographic footprint" at international level, with 70 OK Stores in 15 countries, with the opening of five new markets such as Morocco, France, Turkey, Albania and Romania this year. And expansion also in qualitative terms, having carried out this year a substantial expansion in markets already present, as well as having consolidated our presence in Spain, our market of origin, thanks to new openings in the main airports, train stations and city centres of the Spanish capitals.

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