ISIN:FR001400F2Z1

Revenue for the first quarter of 2024

Retrieved on: 
Mercredi, avril 10, 2024
Marketing, CPF, Growth, Policy, Face, State

This situation, which has already been observed in previous financial years, is repeated at the start of 2024.

Key Points: 
  • This situation, which has already been observed in previous financial years, is repeated at the start of 2024.
  • In addition, the reduction in marketing investment in CPF in 2023 helped optimize the profitability of this sales channel, but slowed order intake, which is a source of future revenue.
  • The first quarter of 2023 also saw exceptional growth of 80% in sales generated by learners self-financing their training, establishing a high basis for comparison for the first quarter of 2024.
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lePERMISLIBRE announces its 2023 annual results

Retrieved on: 
Mercredi, avril 10, 2024
Failure, Growth, Insurance, IPO, City, Workforce, Marketing, Pharmaceutical industry

However, the overall 18% price increase applied to driving hours settled cash in 2023 boosted the gross margin from traditional candidates, which rose from 27.9% in 2022 to 29.3% in 2023.

Key Points: 
  • However, the overall 18% price increase applied to driving hours settled cash in 2023 boosted the gross margin from traditional candidates, which rose from 27.9% in 2022 to 29.3% in 2023.
  • Above results do not include the €0.3m loss from lePERMISLIBRE Insurance, a newly created subsidiary fully owned by lePERMISLIBRE, and which was not consolidated for its first year of activity.
  • We must assert our operational excellence in these three areas to give a new impetus to our growth, expand our model in France and further enhance cost reductions programs started in 2023" says Lucas TOURNEL, CEO of lePERMISLIBRE.
  • The 2023 Annual Financial Report will be available on the Company's website in mid- April at the following url address: https://www.lepermislibre.fr/investors.

Le permis libre: 2023: Organic sales growth of +13 % 2024: Targeting operating profitability with continued growth

Retrieved on: 
Mardi, janvier 30, 2024
CPF, City, Personal, Insurance, Driver's license, Growth, Tutoring

Q4 2023 sales amounted to €3.9 million, down 2% compared with the same period in 2022.

Key Points: 
  • Q4 2023 sales amounted to €3.9 million, down 2% compared with the same period in 2022.
  • In 2023 the company has deployed its service in around 40 new towns;
    - enriching and diversifying its offering.
  • In particular, to promote proximity and close follow-up, candidates will be able to contact company staff in less than 24 hours.
  • This initiative is designed to help them make the right choices and maximize their success rate in obtaining their driving license.