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Press Release Follows Strong 2022 with Business Plan Detailing Private Label Strategy
March 1, 2023 Follows Strong 2022 with Business Plan Detailing Private Label Strategy

ROME, March 01, 2023 (GLOBE NEWSWIRE) — via InvestorWire — S.p.A., a digital travel company operating the sostravel and flio apps, and 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, reporting 47% revenue growth. Based on these positive results, the company unveiled its business plan, detailing the strategy behind the doubling of revenue and the 173x EBITDA growth expected by 2027:

  • High-margin, private-label digital travel offerings to Sardinia, the Red Sea and Kenya will be sold via, and major third-party booking platforms.
  • Expanding the “Secret Village” offering in Sardinia, which proved popular with travelers.
  • Growth of its Lost Luggage Concierge services aimed at the protection and recovery of air passengers’ luggage.
  • Launch of a traveler-centered Telehealth solution called Dr. Travel, provided in a video call via its app.

Edoardo Zarghetta, IR advisor at said, “We think that finding such a growth opportunity with financial break-even, positive net financial position and cashflow is uncommon.”

Zarghetta added: “ 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 today’s release, visit:

About S.p.A. is a digital travel company listed on Euronext Growth Milan (BIT:SOS), and OTCQB New York (OTCQB:SOSAF), operating the sostravelflio apps, and 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 as a digital travel companion, to find deals on their trips and get information to make their journeys more enjoyable.

Contact details

Edoardo Zarghetta
IR Advisor
Ph. +447795106913
E-mail: [email protected]

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212.418.1217 Office
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