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Mofibo storytel full#
Mofibo storytel series#

Our vision is to make the world a more empathetic and creative place, with great stories to be shared and enjoyed by anyone, anywhere and anytime. Storytel is one of the world’s largest audiobook and e-book streaming services and offers more than one million titles on a global scale. The information was provided, through the agency of the above contact person, at the time stated in this press release, by Cision.įNCA Sweden AB is the company’s certified adviser. Tel: +46 70 824 40 88, Email: information is such that Storytel AB (publ) is obliged to disclose in accordance with the EU Market Abuse Regulation (EU nr 596/2014). Niklas Alm, Interim Head of Investor Relations,

Mofibo storytel full#

The full report can be found as an attachment. Please see Note 5 for additional details. As a result, the Streaming revenue listed in Table 1 is higher than in the consolidated statement of accounts in order to provide a more accurate figure for average revenue per subscriber. Storytel launched the first version of its new VoiceSwitcher feature together with ElevenLabs, available in all markets on selected books in the English languageġ Streaming revenue includes all of Storytel Norway’s revenue.Ģ In the consolidated accounts, Storytel Norway is reported in accordance with the equity method.Storytel entered into a strategic partnership with Telenor-owned CBB Mobil, a Danish provider of communications and entertainment services, to accelerate growth in Denmark.Storytel entered into a strategic partnership with ElevenLabs and announced the upcoming launch of a new VoiceSwitcher feature.

Storytel held a Capital Markets Day and presented mid-term financial targets together with the strategic direction to further strengthen its leading position.

Mofibo storytel series#

Storytel acquired the rights to the Finnish bestselling Koskinen crime series.The deal makes Storytel part of exclusive selection of premium services on A1 Bulgaria’s platform, reaching more than 4 million potential customers Significant multi-year agreement with Bulgaria’s largest telco A1 Bulgaria.Storytel Awards surpasses the milestone of 200,000 votes – audiobook fan engagement soaring to record levels.Operational cash flow amounted to -5 (-49) MSEK.Cash flow from operations before changes in working capital amounted to 24 (-55) MSEK.Basic and diluted earnings per share amounted to -0.41 (-0.80) SEK.

Adjusted for items affecting comparability, EBITDA last year amounted to 13 MSEK

Group net sales increased by 9% from Q2 2022 to 851 (781) MSEK, 11%.

Streaming revenue up 13% from Q2 2022 to 799 (704) MSEK, 15% excluding Russia.

In the quarter, we demonstrated continued progress through new Partnership agreements, improved Content economics, and the concluded successful implementation of new service tiers and price levels in the Nordics”, says Johannes Larcher, CEO, Storytel. Our disciplined approach is laying the foundation for continued profitable growth, supported by near-term operational improvements across our business. Storytel Streaming saw extended organic revenue growth, increased ARPU, solid subscriber growth and subscriber engagement as well as stable and healthy churn levels. “The second quarter marked the fifth consecutive quarter of positive Group EBITDA and underlines the improvements that have been made.