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.