Trainline PLC (LON:TRN) said the coronavirus crisis will encourage a shift to digital ticketing as passengers avoid using ticket machines or queuing at the station.
Social distancing requirements will increase the need for online travel information, the coach and train ticket seller added.
READ: Trainline agrees covenant waiver with lenders as coronavirus bites
Industry passenger volumes in the UK slumped more than 95% in April and other countries where Trainline operates had similar numbers.
The FTSE 250-listed company expects to have an undrawn borrowing facility of £150mln by the end of May, while monthly cash outflow from operating costs has been cut to £8-9mln.
In the year ended 29 February, net ticket sales jumped 17% to 3.7bn while revenue was up 24% to £261mln.
Losses before tax widened to £80mln from 13mln the year prior due to one-off items as a result of its stockmarket listing.
Shares dipped 1% to 345.09p on Thursday morning.
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