Trade Trainline Plc - TRNgbp CFD

Trade Trainline Plc - TRNgbp CFD

About Trainline PLC

Trainline plc is a United Kingdom-based independent rail and coach travel platform. The Company sells rail and coach tickets to millions of travelers worldwide, enables them to search, book and manage their journeys via its Website and mobile application. The Company operates through three segments: UK Consumer, International and Trainline Partner Solutions (TPS). UK Consumer segment sells rail tickets on behalf of United Kingdom rail companies and coach tickets on behalf of National Express, to customers worldwide. It also provides recommendations for hotel bookings and insurance. International segment sells rail tickets to people all over the world on behalf of many European rail companies and offers rail passes in Japan to inbound visitors, as well as it sells coach tickets on behalf of many European coach companies. TPS segment offers travel management companies and other travel platforms access to all rail carriers, as well as rail booking solutions.

Financial summary

BRIEF: For the six months ended 31 August 2021, Trainline PLC revenues increased from £31M to £77.7M. Net loss decreased 78% to £8.4M. Revenues reflect UK consumer segment increase from £18.9M to £62.3M, International segment increase of 57% to £8.9M. Lower net loss reflects Interest on bank loans decrease of 5% to £3.1M (expense), Interest on lease liability decrease of 22% to £302K (expense).