123fahrschule SE

123F

Equity

ISIN DE000A2P4HL9 / Valor 57691276

Xetra (2025-11-21)

EUR 3.06%

123fahrschule SE
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About company

123fahrschule SE is a driving school company that has modernized the traditional approach to driver education through digitalization. With over 60 locations across Germany, the company offers a wide range of driver training courses, including intensive courses for new drivers and specialized training for different vehicle classes such as cars, motorcycles, and trucks. 123fahrschule SE distinguishes itself by leveraging technology to facilitate the learning process, allowing students to manage their driving education via an app that encompasses all aspects of their training, from theory to practice. This approach not only aims to make obtaining a driver's license more accessible and efficient but also caters to the needs of a diverse student base by providing flexible learning options. The company's innovative use of digital tools and its commitment to high-quality instruction with a modern fleet of vehicles underscore its position as a leading driving school in Germany.

Summarized from source with an LLMView SourceSector: Business Services

Revenue Growth

123fahrschule SE's turnover increased to EUR 20,613 thousand in Q4 2023, marking a 23.7% YoY rise. This robust revenue growth was bolstered by initiatives such as optimized internal processes and an increased focus on digital offerings in driving education.

EBITDA Performance

The EBITDA performance improved remarkably, rising by 66.8% as compared to the previous year. While the operating EBITDA showcased this significant recovery, adjusted EBITDA figures (which factored in higher capital market costs and other adjustments) presented a more challenging picture, highlighting areas for continued financial discipline.

Operational & Strategic Enhancements

Key operational metrics such as 182K driving hours and maintaining 150 driving instructors underlined stability within the business even as registrations slightly declined. Strategic restructuring—including both cost optimization at the holding level and expanded online theory lessons—has set the stage for improved earnings and a positive outlook into 2024.

Summarized from source with an LLMView Source

Key figures

31.9%1Y

-50.3%3Y

%5Y

Performance

49.4%1Y

75.8%3Y

68.8%5Y

Volatility