Trading update for the fourth quarter 2022
Readly International AB (publ) (“Readly” or the “Company”) announces a trading update for the fourth quarter 2022. Preliminary revenue in the fourth quarter 2022 amounted to SEK 156.6 million (134.8) and preliminary adjusted EBITDA amounted to SEK -12.1 million (-41.4). FPS (full-paying subscribers) at the end of the period amounted to 452,466 (478,362).As a result of the public cash offer announced on 5 December 2022 by Tidnings AB Marieberg, a wholly owned subsidiary of Bonnier News Group AB, and the extended acceptance period up until 3 February 2023 announced on 11 January 2023, Readly