Continued revenue growth and positive adjusted EBITDA Q4 and full year 2023
For the second consecutive quarter, Readly International AB (publ) reports a positive EBITDA. The number of fully paying subscribers increased by 2.7 percent to 464,494 (452,466) compared to the same period last year and increased by 0.8 percent from quarter to quarter. Total revenue increased by 11.3 percent to SEK 174.2 million (156.6) and ARPU rose to SEK 119 (109), an increase of 8.6 percent, largely as a result of the well-received price increases in all markets and currency effects. The gross margin increased to 40.0 (36.7) percent and the adjusted EBITDA margin was 8.3 percent compared