Brief: Storytel Q2 EBITDA Loss Narrows To SEK 5.7 Mln

Storytel AB (publ)

05/08/2022 07:08

Aug 5 (Reuters) - Storytel AB (publ)  STORYb.ST :
    * INTERIM REPORT JANUARY - JUNE 2022
    * Q2 STREAMING REVENUE UP 29% FROM Q2 2021 TO 704 (545)
MSEK, 31%
EXCLUDING RUSSIA
    * Q2 GROUP NET SALES INCREASED BY 28% FROM Q2 2021 TO 781
(611)
MSEK
    * 31% YEAR OVER YEAR STREAMING REVENUE GROWTH EXCLUDING
RUSSIA IN
Q2, AND A POSITIVE GROUP EBITDA MARGIN OF 1.6%, ADJUSTED FOR
ITEMS AFFECTING COMPARABILITY. THIS WAS DRIVEN BY CONTINUOUS
GROWTH IN OUR PRIORITY MARKETS
    * Q2 STREAMING SALES SEK 704.5 MILLION VERSUS SEK 545.5
MILLION
YEAR AGO
    * Q2 EBITDA IN Q2 2022 TOTALED -5.7 (-59.4) MSEK, WHICH
EQUALS AN
EBITDA MARGIN OF -0.7% (-9.7%)

Source text for Eikon:  ID:nWkrb0CVxg 
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