Box Now anticipates significant growth in the current fiscal year and is on the verge of turning a profit. BnB Daily has learned that Box Now expects to record a turnover eight times higher this year than in 2023, and will handle three times more packages than last year.

DATA (in €k)

Turnover (net)
2023: 2.894
2022: 139
Change: 1,974.31%
Gross profit
2023: 408
2022: 103
Change: 296.63%
Profit before tax
2023: (8.675)
2022: (6.526)

FOCUS ON GREECE & CYPRUS

The company has a presence in Greece and Cyprus, focusing on these two markets in the coming year to grow its lockers, both in terms of capacity and new locations.

In Cyprus, Box Now's presence is located in 10,000 lockers, with the growth plan proceeding according to plan, with the ultimate goal of reaching 15,000 lockers.

In the Greek market, the company is also seeking to cover new points, with a focus on the Dodecanese and especially Rhodes.

INVESTMENTS

Box Now's investment plan for 2025 includes the automation of the company's warehouse infrastructure in order to deliver with greater speed and frequency, the development of the capacity of the lockers and the implementation of AI in infrastructure and technologies.