Brief: Deezer Confirms 2022 Guidance, Issues Long-Term Outlook

Deezer SA

04/10/2022 07:37

Oct 4 (Reuters) - DEEZER SA  DEEZR.PA :
    * CONFIRMED GUIDANCE AND OUTLOOK
    * PRICE INCREASE BEING SUCCESSFULLY ROLLED OUT
    * PRICE INCREASES: USA, GERMANY IN OCTOBER; ALL EXISTING IOS
USERS
IN NOVEMBER; BRAZIL IN DECEMBER
    * LONG-TERM OUTLOOK: €1BN REVENUE BY 2025
    * LONG-TERM OUTLOOK: CASH FLOW BREAKEVEN IN 2024E
    * LONG-TERM OUTLOOK: EBITDA BREAKEVEN BY 2025E
    * DEEZER SA SAYS FULLY-FUNDED UNTIL CASH FLOW BREAKEVEN

Source text: https://bit.ly/3EeOADq
Further company coverage:  DEEZR.PA 
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