Strong revenue growth, record high margins and on the path to profitability
Readly International AB (publ) presents a fourth quarter with strong revenue growth and improved results. Quarter-on-quarter, the number of full-paying subscribers increased by 1.3 per cent to 452,466 (446,861) ) and year-on-year the full-paying subscribers decreased by 5.4 per cent (478,362). Total revenue increased by 16.2 per cent to SEK 156.6 million (134.8). Gross profit increased by 27.5 per cent to SEK 57.5 million (45.1), corresponding to a gross margin of 36.7 per cent (33.5). Adjusted for items affecting comparability totaling SEK 28 million, of which SEK 1 million attributable to