Ascendal is a new challenger in the transport operator market with a strong focus on smart cities and transforming the way cities work, approaching transport with a holistic development strategy of a city at its core. Almax was engaged by Ascendal Group in the creation of a bid financial model for an international transport operator tender.
Almax has strong experience in developing bespoke financial models to drive internal decisions and in this case pricing. The project involved building a dynamic model that took into account all operating costs of a large-scale transport network operation and using the model to fully understand the commercial dynamics and drivers of the revenue and costs.
Ascendal won the bid for the transit and can continue their mission to deliver safe, efficient and reliable transport operations that transform cities around the world, combining focused mobility, game-changing technology, innovative financing structures, revolutionary urban design and strategic advisory into fit-for-purpose solutions for the future.
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