Toosla Reduces Its Debt by 75% in Four Months

Toosla, a short-term car rental company, reduced its debt by 75% in just four months. This debt reduction, initiated in February 2026, aimed to strengthen the group's financial position. Thanks to a fleet disposal plan and refinancing, Toosla has already repaid €4.4 million of the €6.8 million it committed.

Debt has decreased from €20.3 million to €4.8 million, with a further reduction projected to €2.4 million. This significant decrease improves the group's financial visibility and flexibility. Toosla raised €2.1 million through convertible bonds, strengthening its cash position before the summer.

This turnaround marks a strategic transformation for Toosla, facilitating a return to margins and the continuation of its profitable growth.