Brief: Storytel Q1 Streaming Revenue Up At SEK 742 Million

Storytel AB (publ)

03/05/2023 07:49

May 3 (Reuters) - Storytel AB (publ)  STORYb.ST :
    * Q1 STREAMING REVENUE SEK 742 MILLION VERSUS  SEK 699
MILLION
YEAR AGO
    * Q1 EBITDA OF 30 (-149) MSEK EQUALING A MARGIN OF 3.8%
(-19.9)
    * OUR FULL-YEAR GUIDANCE FROM FEBRUARY REMAINS UNCHANGED
WITH
ORGANIC STREAMING REVENUE GROWTH IN LINE WITH THE PREVIOUS YEAR
(EXCLUDING AUDIOBOOKS.COM AND RUSSIA), AN INCREASED EBITDA
MARGIN VERSUS 2022 AND AT LEAST A BREAK-EVEN OPERATIONAL CASH
FLOW
    * Q1 GROUP REVENUE SEK 796.3 MILLION VERSUS SEK 747.2
MILLION YEAR
AGO
    * Q1 AVERAGE PAYING SUBSCRIBERS 2,041,000 VERSUS 2,051,000
YEAR
AGO
    * Q1 GROUP NET SALES INCREASED BY 7% FROM Q1 2022 TO 796
(747)
MSEK, 10% EXCLUDING RUSSIA

Source text for Eikon:  ID:nWkrbgg8m8 
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