Significantly improved results and good revenue growth

Readly International AB (publ) presents a second quarter with significantly improved results and good revenue growth. Gross profit increased by 30.8 percent to SEK 48.8 (37.3) million, corresponding to a gross margin of 33.8 percent. Adjusted for items affecting comparability of SEK -2.5 million, the EBITDA margin improved to -13.7 (-46.5) percent and the operating margin to -17.8 (-49.0) percent in the quarter. Gross contribution improved to SEK 29.0 (-11.5) million, corresponding to a positive gross contribution margin of 20.1 (-10.4) percent. The number of fully paying subscribers