Stable growth, improved results and updated financial targets

Readly International AB (publ) presents a good fourth quarter with continued stable growth and improved results. The number of full-paying subscribers (FPS) increased by 29.4 per cent to 478 362 (369 764) and total revenue by 36.6 per cent to SEK 134,8 million (98,6). Gross profit increased by 34.4 percent to SEK 45.1 million (33.6), corresponding to a gross margin of 33.5 per cent. Adjusted for items affecting comparability of SEK -4.6 million, the EBITDA margin improved to -30.7 per cent (-38.3) and operating margin to -34.0 per cent (-40.9) for the quarter. The gross contribution improved