Storytel - Swedish audiobook growth company

Q3

  • Group revenue up 6% to 1,013 (954) MSEK, and 9% in constant exchange rates (CER).

  • Streaming revenue up 4%, and 7% at CER.

  • Publishing up 14%, and 16% at CER.

  • Gross profit rose 6% to 460 (434) MSEK, for a margin of 45.4% (45.5%).

  • Adjusted EBITDA increased by 26% to 224 (178) MSEK, for a margin of 22.1% (18.7%).

  • Items Affecting Comparability (IACs) of 7 (-18) MSEK, related to long term incentive programs.

  • Net profit for the period amounted to 138 (55) MSEK.

  • Earnings per share amounted to 1.70 (0.67) SEK before dilution, 1.69 (0.67) SEK after dilution.

  • Cash flow from operations before changes in working capital increased to 203 (148) MSEK.

Significant events after the period

● We raise our 2025 adjusted EBITDA margin guidance to 18.0-19.5 percent (from 17.5-19.0).

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