Toosla Opens Three Digital Rental Locations on the French Riviera
Toosla announced on Tuesday the opening of three fully digital rental locations at Nice Gare, Cannes Gare, and Antibes Gare, expanding its presence on the French Riviera. This expansion is part of the group's asset-light platform strategy, which combines direct operations, an affiliate network, and global intermediation.
Strategic Strengthening Ahead of Major International Events
Following the already operational Nice Airport, the deployment at Nice Gare, Cannes Gare, and Antibes Gare enables Toosla to cover the main entry points and mobility hubs in the region. This network densification occurs as the Cannes Film Festival, Monaco Grand Prix, and summer season approach, a time when the French Riviera welcomes several hundred thousand French and international travelers.
The group thus strengthens its presence by offering service continuity between train stations, city centers, and airports, while enhancing the visibility and accessibility of its digital mobility offerings.
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Toosla Connect offers a 100% digital rental experience based on mobile booking, 24/7 vehicle access, and a fully digitalized journey without any counters or paperwork. For affiliate partners, this technological and operational offering enables rapid deployment of this experience using their own fleets in just a few hours.
Once connected, partners benefit from the Toosla mobile app, back-office management tools, and commercial distribution operated through the platform. This architecture is based on three revenue engines: operation of owned vehicles, affiliate network revenues, and intermediation commissions from bookings with international partners.
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 3,9 millions d'euros
Quarterly revenue: 3,9 millions d'euros
EBITDA: -0,2 millions d'euros
EBITDA margin: -6,2 %
Net income: 8,6 millions d'euros
Guidance from the release
« malgré la contraction de l'activité déjà annoncée en juillet dernier et liée aux conséquences de la dégradation de l'environnement économique » ; « il faut aller plus loin pour retrouver une vraie trajectoire de croissance rentable »
Risks mentioned
Baisse d'environ 20 % de la demande de réservations à périmètre constant
Hausse des prix des carburants liée au conflit au Moyen-Orient
Recul du prix moyen des locations d'environ 10 % lié au mix Access
Opportunities identified
Dette ramenée à 4,8 M€, puis 2,4 M€ après finalisation du plan
Premier bénéfice net de l'histoire de la Société attendu
Reprise des investissements technologiques et enrichissement de l'offre
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
