Interim Report Q4, 2023
“Storytel continued its transformation journey and delivered yet another strong quarter to conclude 2023”, says Johannes Larcher, CEO, Storytel.Financial Highlights Q4 Fourth quarter 2023 compared to the fourth quarter 2022 · Streaming revenue up 16% to 858 (742) MSEK; or 14% at constant exchange rates (CER) · Group revenue increased by 9% to 946 (867) MSEK · Adjusted Gross profit up 20% to 387 (322) MSEK, equaling a margin of 40.9% (37.2%) · Gross profit was down 24% to 246 (322) MSEK · Adjusted EBITDA increased by 62% to 86 (53) MSEK, equaling a margin of 9.1% (6.1%)