Trainline has reported a 151% increase in revenues for the first six months of FY22.
Net ticket sales jumped 79% to £1bn whilst revenues reached £78m. This is the strongest results since the pandemic, suggesting a good recovery for the group.
Last year, the group had a loss of £16m compared to this year’s profits of £15m.
Trainline’s chief executive Jody Ford said: “Our consumer business returned to growth in August versus pre-Covid levels, with train travellers increasingly opting for digital tickets.”
“Encouragingly our customers are now using Trainline even more frequently, drawn to new features such as our new 2-click commuter experience and digital railcards. Beyond the UK, we see significant growth opportunity in Europe. With new entrant train companies driving more journey options and lower prices in our key markets, customers are increasingly turning to Trainline to help them easily find the best fares and support them as they travel.”