Flex Carsharing

Luxembourg

Client Type

Private shared mobility operator

Mode

Carsharing

Goals

What We Did

Evaluate

  • Viability assessment (current business plan)
  • Business case development (scenario-based modeling)
  • Growth planning

Project Approach

Flex is one of the leading carshare operators in Luxembourg. With their association with the CFL (national railway company), the company has been focusing on a multimodal-centric strategy. Following a successful project centered around creating a suitable mobility policy for the State, movmi was hired to advise the station-based carshare operator on creating a self-sustaining growth plan.

movmi used a scenario-based modeling approach to link new opportunities, cost saving ideas, tech improvements with their impact on the company’s financials. We developed a responsive model mapping recommendations around ridership, utilization, member activation strategies to a 8-year projection of profitability. Projected results showed an overall drop in required cash influx thus helping attain self-sustaining growth.

Struggling with profitability of your shared mobility service? Get in touch