Storytel AB (OSTO:STORY B)
kr 59.9 -0.6 (-0.99%) Market Cap: 4.62 Bil Enterprise Value: 5.02 Bil PE Ratio: 0 PB Ratio: 3.78 GF Score: 70/100
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Q4 2022 Storytel AB (publ) Earnings Call Transcript

Feb 16, 2023 / 08:30AM GMT
Release Date Price: kr41.6 (-17.20%)
Operator

This call is being recorded. Welcome to the Storytel Q4 presentation for 2022. (Operator Instructions) Now I will hand the conference over to CEO Johannes Larcher and interim CFO, Susanne Ekblom. Please go ahead.

Johannes Larcher
Storytel AB - CEO

Thank you, and a warm welcome to Storytel Q4 2022 earnings call. My name is Johannes Larcher, and I am the CEO of Storytel. I am joined today by our Interim CFO, Ms. Susanne Ekblom; and Andreas Lindblom, our Head of Investor Relations.

The fourth quarter was a strong bookend to a transformative year for Storytel, during which we pivoted our strategy to profitable growth and restructured our company. For the year, we delivered strong streaming revenue growth of 31%. We also delivered full year EBITDA margins of 2.9%, well within our previously updated and raised guidance range. In Q4, we completed a successful and oversubscribed directed share issue that raised SEK400 million from existing and new shareholders and firmly put the company on a solid financial footing.

Fourth quarter streaming revenue

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