Brief: Deezer FY Revenue At EUR 484.7 Mln VS EUR 451.2 Mln Year Ago

Deezer SA

28/02/2024 16:57

Feb 28 (Reuters) - Deezer SA  DEEZR.PA :
    * FY23 RESULTS: STRONG PERFORMANCE AND MOMENTUM; REITERATING
FINANCIAL TARGETS FOR 2024 & 2025
    * OUTLOOK 2024: ADJUSTED EBITDA, EXPECTED TO BE BETTER THAN
€(15)
MILLION
    * FY 10.5 MILLION SUBSCRIBERS, +1.1 MILLION IN 2023
    * FY REVENUE EUR 484.7 MILLION VERSUS EUR 451.2 MILLION YEAR
AGO
    * FY REDUCED ADJUSTED EBITDA LOSS BY ALMOST HALF TO €(29)
MILLION,
WHILE CONTINUING STRATEGIC INVESTMENTS
    * FY NET LOSS EUR 59.6 MILLION VERSUS LOSS EUR 168.5 MILLION
YEAR
AGO
    * FREE CASH FLOW TOTALED €(44.3) MILLION IN 2023 COMPARED TO
€(43.6) MILLION IN 2022

Further company coverage:  DEEZR.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))