Australia’s leading caravan, campervan and motorhome rental platform, Camplify, which has recently raised a total of $11.5 million from Initial Public Offering has today released it quarterly earnings report tomorrow and I wondered if you might be keen to interview CEO & Founder, Justin Hales and discuss these?Lockdowns in capital cities have consistently shown no major effect in GTV and revenue for the period. No impact on FY22 results is expected.
Camplify Holdings Limited ends Q4 FY21 results with Gross Transaction Volumes of $9.6m for the quarter representing a full year pcp growth rate of 163% versus FY20.
End of Year results stronger than the higher end of forecast update on IPO date with $31.5-31.8 million expected.
Strong growth rates in both the Australian and the New Zealand markets with the Australian market growing a GTV 158% for FY21 vs FY20
Camplify has grown to become one of the country’s largest RV sharing platforms with over 5,400 RVs registered on Camplify in Australia. Camplify now has a global
community of over 150,000 RV members in Australia, the UK, Spain and New Zealand that allows owners to boost their income by sharing the joys of caravanning with others. With COVID implications the caravan and camping sector is booming around the globe, particularly in Australia.
Camplfiy has also helped everyday Australians earn a second income through the sharing economy by renting out their vans on the platform with some owners earning an average of more than $6,000 per year and many owners earning over $15,000 per year, during a troubling time for families. We have case studies of customers who have lost their jobs due to COVID impacts, and are now using Camplify to supplement their incomes.
Would you be interested in speaking with Justin on these results? Justin can speak to how Camplify has been a success in this tourism market despite major metropolitan lockdowns, consumer uncertainty, and border restrictions associated with COVID-19 over the last 12 months. As well as a fast return to travel and tourism in the UK market, strong customer interest and pent up demand for tourism services such as Camplify. In addition, the Australian caravaning sector is continuing to grow, with international borders remaining shut, and caravanning proving to be a flexible option for Aussie holidaymakers.
