Third consecutive quarter with increased subscriber growth rate
Readly presents a strong end to 2020 with an increased subscriber growth rate for the third consecutive quarter. Revenues amounted to SEK 98.6 million (73.5), representing growth of 34.2 per cent compared to the year before. The number of full-paying subscribers increased by 32.7 per cent to 369,764 (278,555) as per year-end. Gross profit increased by 42.7 per cent to SEK 33.6 million (23.5), corresponding to a gross margin of 34.1 per cent (32.0).“2020 was a strong year for Readly, and we saw continued good growth throughout the fourth quarter,” comments Maria Hedengren, CEO of Readly. “