OK Mobility Group Reports Record €223 Million Revenue, Expands Globally

Ok Mobility CEO Othman Ktiri presented this Thursday at the company’s headquarters in Palma the group’s activity report, reporting a record turnover of 223 million euros at the end of September 2022 and a 16% increase in this amount over the same period this year. The company’s mobility services generated a turnover of 152 million euros during the period, an increase of 21% year-on-year. The rest of the turnover (over 71 million euros) comes from sales (remarketing), reports Ultima Hora.

Founded in Majorca, Ok Mobility is also in full expansion. This year, the company has created five new subsidiaries in Morocco, France, Turkey, Albania and Romania. In total, it already has 70 branches in 15 countries and continues to strengthen its presence in Spain where it has opened new agencies in the main airports, train stations and centers. "OK Mobility had a record year in 2022 and this year 2023, we have consolidated our figures and taken an additional step thanks to a strong international expansion strategy," said Othman Ktiri, adding that in 2024, "we will strive to sustainably consolidate these figures".

"Through rental, subscription and purchase of all types of vehicles, OK Mobility offers efficient, personalized, sustainable and real-time solutions," it is explained. The company now has a community that already exceeds 150,000 people, members of the OK Club. OK Mobility is "the mobility platform with the greatest growth, profitability and projection in the world," the company claims, which employs more than 800 people of 50 different nationalities.