Brief: Readly Q4 Adjusted EBITDA Loss Narrows To SEK 12.1 Mln

Readly International AB (publ)

16/02/2023 06:43

Feb 16 (Reuters) - Readly International AB (publ)
 READ.ST :
    * QUARTER-ON-QUARTER, NUMBER OF FULL-PAYING SUBSCRIBERS
INCREASED
BY 1.3% TO 452,466 (446,861)
    * YEAR-ON-YEAR FULL-PAYING SUBSCRIBERS DECREASED BY 5.4 PER
CENT
(478,362)
    * Q4 REVENUE TOTALED SEK MILLION 156.6 (134.8), AN INCREASE
BY
16.2 PER CENT COMPARED TO Q4 2021
    * Q4 GROSS PROFIT INCREASED BY 27.5 PER CENT TO SEK 57.5
MILLION
(45.1)
    * Q4 ADJUSTED OPERATING RESULT (EBITDA) (EXCLUDING. IAC) WAS
SEK
-12.1 MILLION (-41.4)
    * BOARD OF DIRECTORS IS PROPOSING TO ANNUAL GENERAL MEETING
THAT
NO DIVIDEND SHOULD BE PAID TO SHAREHOLDERS

Source text for Eikon:  ID:nWkrbZnFqv 
Further company coverage:  READ.ST 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))