Sostravel.com (OTCQB: SOSAF) (BIT: SOS), a digital travel company operating the sostravel, flio apps, www.sostravel.com and www.amareitalia.com platforms, develops proprietary digital travel solutions, such as the Lost Luggage Concierge for luggage protection and recovery and Dr. Travel, a telehealth service designed for travelers. The company announced a positive 2022 EBITDA margin, reflecting 47% revenue growth. Based on the positive results, Sostravel.com unveiled its business plan and detailed its strategy behind the doubling of revenue and the 173x EBITDA growth expected by 2027. “We think that finding such a growth opportunity with financial break-even, positive net financial position and cashflow is uncommon,” said Edoardo Zarghetta, IR advisor at Sostravel.com. “Sostravel.com offers investors a unique opportunity to gain exposure to global travel and digital travel services growth. Our robust financial profile with a strong track record of profitability and operating cash flow generation, combined with flexible cost structure, commitment to preserving cash and balancing cost controls with investments is already catching investors’ attention.”

To hear an audio production of the press release, visit https://ibn.fm/Xa6zh

To view the full press release, visit https://ibn.fm/HVdJW

About Sostravel.com S.p.A.

Sostravel.com is a digital travel company listed on Euronext Growth Milan (BIT: SOS), and OTCQB New York (OTCQB: SOSAF), operating the sostravel, flio apps, www.sostravel.com and www.amareitalia.com platforms. It offers booking services, digital itineraries including flight and airport information, car rental, experiences, and insurance services. The company operates a network of private label digital-travel solutions, the Lost Luggage Concierge proprietary service, and is expanding into telehealth services designed for travelers. Over 1 million users worldwide used Sostravel.com as a digital travel companion, to find deals on their trips and get information to make their journeys more enjoyable.

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork