Interim Report January – June 2022
Highlights“It makes me proud to acknowledge that Storytel saw a 31% year over year streaming revenue growth excluding Russia in Q2, and a positive Group EBITDA margin of 1.6%, adjusted for items affecting comparability. This was driven by continuous growth in our priority markets in the Nordics, Europe and in the US and a continued commitment to an effective use of costs, investments and resources in line with our focused strategy.” says Ingrid Bojner, Acting CEO, Storytel.Financial highlights · Streaming revenue up 29% from Q2 2021 to 704 (545) MSEK, 31% excluding Russia ·