Freetrailer Group A/S achieved its highest-ever number of rentals in a quarter with 422,683 rentals in the first quarter of the 2024/25 financial year (July-September). This represents a growth of 32.8% compared to the same period last year and an increase of 5.6% from the previous quarter. Over the past 12 months, Freetrailer has now reached a total of 1,382,452 rentals. The number of products in the market has risen to 5,007, with an additional 175 on the way, marking an increase of 140 products in Q1 alone.
Key figures at a glance:
- Highest number of rentals in a single quarter: 422,683.
- Growth of 32.8% compared to the same period last year.
- Increase of 5.6% from the previous quarter.
- 1,382,452 rentals over the past 12 months.
- A total of 5,007 products in the market, with 175 more on the way.
"422,683 rentals in a single quarter is an achievement that speaks for itself. It is clear proof that our business model works, and that we are driving a real change in the market. Having over 5,000 products available to our customers shows that we are not just following trends – we are setting them. This is not simply luck; it is the result of hard work, a sharp strategy, and the dedicated efforts of the entire team. We will keep pushing forward, and we are far from finished. We are here to achieve even greater results, and this journey has only just begun."
CEO, Nicolai Frisch
CMO Sara Lyngsøe adds:
”With our data-driven marketing efforts and close partnerships, we have managed to engage users and create significant value. The growth we are experiencing now is a clear sign that our strategy is working. We are not just reacting to the market – we are the ones setting the agenda.”
With these results, Freetrailer continues its journey to make trailer rentals even more accessible and sustainable for all users in the market.
For further information about Freetrailer Group A/S
Nicolai Frisch Erichsen, CEO, Freetrailer
E-mail: Nicolai.frisch@freetrailer.com
Telefon: +45 26 81 81 28
Sara Lyngsøe, CMO, Freetrailer
E-mail: sl@freetrailer.com
Telefon: +45 61 10 15 57
About Freetrailer Group A/S
Freetrailer Group is a Danish technology company with a mission to make it easy to book and borrow a trailer for free through a sharing economy IT platform. With a 100% self-service solution via the Freetrailer App and the electronic lock, Freetrailer’s partners and their customers enjoy maximum flexibility. Today, the app has over 500,000 active users annually. Freetrailer follows a two-pronged growth strategy, focusing on strengthening its existing home markets and further internationalising the concept.
Facts:
150+ partners
1,220+ pickup locations
4,860+ trailers
1,270,000+ rentals over the past 12 months
Freetrailer Group today stands with a scalable business concept built on an innovative IT platform with global potential. Freetrailer Group A/S was listed on the Spotlight Stock Market in 2018. Ticker code: FREETR