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TBO Tek (parent of Bookabed) reports massive 81pc revenue rise in quarterly results
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Eoghan Corry's TRAVEL Extra
Revenue from operations for Q1 FY27 has increased by 81% YoY to USD 97.6 Mn.
Monthly Transacting Buyers have reached 33,736, representing a 14% YoY increase.
TBO Tek Limited has reported a robust set of financial results for the first quarter of fiscal year 2027, with the company demonstrating early signs of operating leverage.
Revenue from operations has risen by 81% year-on-year to USD 97.6 Mn., while Adjusted EBITDA has reached USD 15.8 Mn., marking a 77% YoY increase.
The platform’s reach was further evidenced by a 14% YoY increase in Monthly Transacting Buyers (MTBs) to 33,736, with growth observed across India, APAC, Europe, North America and LATAM.