Increased growth rate and improved results
Readly AB presents a strong second quarter with full-paying subscriber growth of 29.7 per cent and the number of subscribers at the end of the quarter amounted to 420,135 (323,811). Revenue increased 32.8 per cent to SEK 110.8 million (83.4), and after adjustments for VAT and currency effects, revenue increased 35.2 per cent. Gross profit increased 38.4 per cent to SEK 37.3 (27.0) million and gross margin to 33.7 (32.3) per cent. Contribution margin improved to -10.4 (-27.8) per cent and operating result improved 8.7 per cent to SEK -54.3 (-59.4) million.- We continue to deliver on our