TOOSLA: management transactions · France · AMF

About TOOSLA

TOOSLA is a French mobility and short-term car rental company built around a fully digital, agency-free model. The company is listed on Euronext Growth Paris under ISIN FR00140062B9 and ticker ALTOO. Its core business is to provide vehicles through a mobile app, with a streamlined customer journey: online booking, smartphone-based access and vehicle start-up, pickup at stations or home delivery, and 24/7 availability. Toosla positions its fleet across thermal, hybrid and electric vehicles, and its offer includes a range of models suited to both private and business use. Toosla emerged as part of the broader digital transformation of urban mobility in France. The company was admitted to trading on Euronext Growth Paris at the end of 2021, after first building its business around Paris. Corporate filings show that, from an early stage, the company combined a technology-led approach with vehicle rental operations: its corporate purpose includes software development and information systems consulting, alongside short-term vehicle rental without drivers. Market communications and consolidated accounts also indicate a growth strategy supported by recurring financing events, aimed at expanding the fleet and supporting commercial development. Operationally, Toosla differentiates itself through a premium positioning and a high degree of automation in the rental process. The company seeks to reduce friction by eliminating counter-based rental and enabling customers to access vehicles directly through their smartphones. It offers both station-based pickup and delivery, which broadens its appeal to urban users, travelers and corporate clients. The group states that it operates a fleet of several hundred vehicles and that its business has historically been centered in the Paris area, with international expansion started in 2021 through the opening of rental hubs in Madrid, Spain. Toosla remains a small-cap growth company with significant investment needs tied to fleet financing, growth execution and working-capital intensity. Its model relies on the combination of proprietary technology, a convenience-focused brand and a flexible mobility offering. A notable feature of the company’s history is its repeated capital raises to fund expansion, illustrating a business that is still in scaling mode rather than a mature cash-generative platform.