While Strætó's EBITDA (earnings before interest, taxes, depreciation, and amortization) rose between 2017 and 2019 but fell to negative numbers amid the COVID-19 pandemic in 2020. In 2022, losses were even higher than the previous year at a total of about 366,000 Icelandic krona. Strætó explained these losses with higher operating costs while also facing lower fare revenues and lower government contributions than expected.
EBITDA of Icelandic bus operator Strætó 2017 to 2022
(in Icelandic krona)
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Strætó. (May 19, 2023). EBITDA of Icelandic bus operator Strætó 2017 to 2022 (in Icelandic krona) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1359557/straeto-ebitda/
Strætó. "EBITDA of Icelandic bus operator Strætó 2017 to 2022 (in Icelandic krona)." Chart. May 19, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1359557/straeto-ebitda/
Strætó. (2023). EBITDA of Icelandic bus operator Strætó 2017 to 2022 (in Icelandic krona). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1359557/straeto-ebitda/
Strætó. "Ebitda of Icelandic Bus Operator Strætó 2017 to 2022 (in Icelandic Krona)." Statista, Statista Inc., 19 May 2023, https://www.statista.com/statistics/1359557/straeto-ebitda/
Strætó, EBITDA of Icelandic bus operator Strætó 2017 to 2022 (in Icelandic krona) Statista, https://www.statista.com/statistics/1359557/straeto-ebitda/ (last visited October 31, 2024)
EBITDA of Icelandic bus operator Strætó 2017 to 2022 (in Icelandic krona) [Graph], Strætó, May 19, 2023. [Online]. Available: https://www.statista.com/statistics/1359557/straeto-ebitda/
