Freetrailer sets new record: Highest number of rentals in a single quarter (Q1 2024/25)

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.
   

CEO Nicolai Frisch comments:

"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."
 

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
Email: Nicolai.frisch@freetrailer.com
Phone: +45 26 81 81 28

Sara Lyngsøe, CMO, Freetrailer
Email: sl@freetrailer.com
Phone: +45 61 10 15 57

Briefly about Freetrailer Group A/S
Freetrailer Group is a Danish technology company whose mission is to make it easy to book and borrow a trailer for free via a sharing economy IT-platform.
With a 100% self-service solution via the Freetrailer App and the electronic lock, Freetrailer partners and their customers achieve maximum flexibility. Today, the app has over 500,000 active users annually.
Freetrailer is working with a two-part growth plan, where strengthening existing domestic markets is one leg and further internationalisation of the concept is the other.

Facts:
+150 partners
+1,220 pick-up locations
+4,860 trailers
+1,270,000 rentals

Today, Freetrailer Group has a scalable business concept based on an innovative IT platform with global potential. Freetrailer Group A/S was listed on Spotlight Stock Market in 2018.

Ticker code: FREETR