Storytel AB Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw robust subscriber and revenue growth, margin expansion, and a strengthened cash position, despite FX headwinds. The company remains on track for its 2026 EBITDA target, with active M&A plans and ongoing innovation, especially in AI.
Fiscal Year 2025
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Record profitability and cash flow were achieved in 2025, driven by strong growth in both Streaming and Publishing, with subscriber numbers and margins at all-time highs. The company remains on track for its 2028 targets, with a robust outlook and ongoing investments in user experience and content.
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Q3 2024 saw strong revenue and profit growth, with subscriber base up 10% year-over-year and record-low churn. Raised 2025 margin guidance, continued expansion into new markets, and highlighted robust performance in both streaming and publishing segments.
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Q2 2025 saw strong subscriber and revenue growth in both streaming and publishing, with improved margins and record-low churn despite currency headwinds and intense competition. Strategic expansion and disciplined cost management supported robust cash flow and a solid financial position.
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Plans include expanding into new European markets, targeting over 10% annual revenue growth and 3 million subscribers by 2028, with a focus on local content, AI-driven innovation, and operational efficiency. Profitability is set to rise, supported by selective acquisitions and a robust business model.
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Q1 2024 saw strong sales and profit growth, driven by subscriber gains and improved margins in both streaming and publishing. Cash flow and leverage improved, with strategic investments in content and technology supporting future growth.
Fiscal Year 2024
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Record Q4 revenue surpassed SEK 1 billion, with 11% subscriber growth and all-time low churn. Profitability and cash flow reached new highs, driven by strong performance in both streaming and publishing. Continued organic growth and improved profitability are expected in 2025, pending a strategic review.
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Record Q3 results with 954M SEK revenue and 18.7% Adjusted EBITDA margin, driven by 10% subscriber growth and strong cost efficiency. 2024 guidance revised to 8% revenue growth, with profitability targets expected to be met two years ahead of plan.
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Q2 2024 saw record financial results, with 9% revenue growth, improved margins, and strong subscriber gains across both streaming and publishing. New product packages and exclusive content fueled engagement, while cost discipline and deleveraging strengthened the balance sheet.