Travel Counsellors has reported record results this morning, with its Total Transaction Value (TTV) rising to £941.6m.
That 31% year-on-year growth for the Manchester travel tech platform, was backed by an adjusted EBITDA rising 64% to £32.8m
Its revenue for the year also grew 31% to £456.6m.
During the period it acquired Holidaysplease and the Planisto technology platform.
“FY23 was another record year for Travel Counsellors as we delivered significant profitable growth and strategic progress across the business,” said Steve Byrne, CEO of Travel Counsellors.
“This positive outcome is once again a firm demonstration of the strength of our differentiated strategy and was underpinned by the record number of customers who trusted Travel Counsellors with their leisure and corporate travel needs. Our strong momentum has continued into the first six months of the current financial year with strong further double digit TTV growth.”
He added:
“I am extremely confident that underpinned by continuous investment in developing our proprietary technology we are exceptionally well placed to further build on our significant growth over the coming years. We are focused on continuing to disrupt the travel market through superb, personalised service and our scalable, relevant, and differentiated business model.”
Trave Counsellors is backed by Vitruvian Partners.
