Brief: Storytel Q4 EBITDA Loss Widens To SEK 78.2 Mln

Storytel AB (publ)

18/02/2022 07:13

Feb 18 (Reuters) - Storytel AB (publ)  STORYb.ST :
    * YEAR-END REPORT JANUARY - DECEMBER 2021
    * BOARD OF DIRECTORS PROPOSES NO DIVIDEND TO BE PAID FOR FY
2021
    * Q4 STREAMING SALES UP 20% FROM Q4 2020 TO 605 (503) MSEK,
20%
WITH CONSTANT EXCHANGE RATES
    * Q4 SUBSCRIBER BASE UP 24% FROM Q4 2020 TO 1,784,600
(1,442,000)
ON AVERAGE
    * OUTLOOK:  BY 2030 WE EXPECT THE MARKET SIZE TO REACH 200
BSEK
    * TARGETS: FOR THE FY 2022, THE TARGET IS TO GROW OUR
STREAMING
REVENUES BY 30-34%
    * Q4 REVENUE SEK 459 MILLION VERSUS SEK 399.6 MILLION YEAR
AGO
    * TARGETS FY 2022:  TARGET IS TO GROW OUR STREAMING REVENUES
BY
30-34%
    * EBITDA IN THE GROUP IN Q4 2021 TOTALED –78,234 (-22,826)
TSEK

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