Despite Trainline's announcement of ticket sales nearing the £6bn mark on its platform, the company's shares continued to slide on Wednesday.
The London-listed firm has seen its stock price tumble by over a third this year amid worries about the government's intention to introduce a competing state-owned service, as reported by .
Trainline has declared it is adopting an "increasingly assertive stance" in discussions with Labour regarding competition and equity in the retail market.
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The company also anticipates "level playing field safeguards" for retailers, akin to those in other sectors and "supported by the CMA."
The outcome of a public consultation on these plans is expected to be released by early autumn.
Despite the share price dip of nearly six per cent by mid-morning on Wednesday, the company reported a positive financial performance.
On an adjusted basis, earnings before interest, taxation, depreciation and amortisation (EBITDA) climbed 30 per cent to £159m last year.
Revenue also saw an 11 per cent increase to £442m.
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Trainline's European operations are becoming a key element of its expansion strategy, with sales forecasted to hit 12bn (£10.2bn) by 2030.
"Our sustained investment in tech innovation over the last three decades is delivering for customers, driving industry growth and is reflected in our performance with net ticket sales up 12% year-on-year to £6bn," CEO Jody Ford commented.
He highlighted Spain as a successful model for the company's European ventures, noting that "Spain offers a powerful blueprint for Europe, where net ticket sales have nearly tripled in two years.
"In the º£½ÇÊÓÆµ we remain the number one travel app and continue to innovate, including leveraging AI, to shift more people towards greener, digital-first rail travel, which now represents over 50% of industry ticket sales."