Storytel Ab Class B · OMXSTO:STORY_B
Storytel Ab Class B — Q2 2026 Earnings Presentation
13 slides from Storytel Ab Class B's earnings presentation, Jul 28, 2026
Slide 1: Second Quarter 2026
Second Quarter 2026 July 28, 2026
Slide 2: Bodil Eriksson Torp, CEO and Stefan Wård, CFO
Bodil Eriksson Torp Stefan Wård CEO CFO Second quarter report 2026
Slide 3: Continued strong sales growth and margin expansion enables raised guidance
“Continued strong sales growth and margin expansion enables us to raise our 2026 full-year EBITDA guidance” Second quarter report 2026
Slide 4: Q2 2026 Highlights
Q2 2026 Highlights Continued margin expansion ○ Net sales growth of +12.7% in constant currency (CER); +10.7% organic ○ Adjusted EBITDA of SEK 205m (161), +27% YoY ○ Net profit of SEK 100m (47); EPS of SEK 1.18 (0.54) ○ Net debt of SEK 14m at period-end (0.02x adjusted EBITDA) Strong subscriber devel
Slide 5: Group financial highlights
Group financial highlights Comments Q2 2026 compared with Q2 2025 ● Group net sales +12.7% in CER Net sales up 11.7% (12.7% in CER) Gross Margin (+11.7% reported) ● Streaming net sales +8.3% CER ● Publishing external net sales +31.6% CER MSEK SEKm ● Gross margin of 46.3% (45.3%) ● EBITDA adj. +27.1%
Slide 6: R12M net sales and adjusted EBITDA margin
R12M net sales and adjusted EBITDA margin* R12M EBITDA adj: SEK 823m (665) +24% YoY SEKm * LTIP-related costs have been restated and are not classified as items affecting comparability (IAC). Second quarter report 2026
Slide 7: Publishing
Publishing Comments Q2 2026 compared with Q2 2025 ● Net sales +16.3% CER, to SEK 347m Publishing (SEKm) Q2-26 Q2-25 Change, % Net sales 347 299 16% ● External net sales +31.6% CER to 205m Cost of sales -222 -206 8% Gross profit 124 93 33% ● Gross margin of 35.8% (31.2%) Operating profit 60 36 69% Add
Slide 8: Streaming Segments
Streaming Segments Comments Q2 2026 compared with Q2 2025 ● EoP paying subscribers +185k, +7.2% YoY Nordics Europe Americas APAC ○ Nordics +47k Net sales Net sales Net sales Net sales SEK 620m SEK 230m SEK 99m SEK 10m ○ Europe +121k (+6.9% YoY, +6.1% CER) (+15.4% YoY, +18.2% CER) (-0.3% YoY, +1.9% C
Slide 9: Streaming
Streaming Comments Q2 2026 compared with Q2 2025 Streaming (SEKm) Q2-26 Q2-25 Change, % ● Streaming net sales +8.3% CER, to SEK Net sales 960 890 8% 960m (890) Cost of sales -564 -526 7% ○ Nordics: +6.1% CER Gross profit 396 364 9% ○ Europe: +18.2% CER Operating profit 108 77 41% ○ Americas: +1.9% CER
Slide 10: Operating cash flow funds M&A and dividend
Operating cash flow funds Comments Q2 2026 compared with Q2 2025 M&A and dividend ● Cash flow from operations before working capital SEK 170m (140) SEKm Q2-26 Q2-25 Jan-Jun 2026 Profit before tax 114 61 205 ● Change in working capital SEK -21m (15); normal seasonal fluctuations Cash flow from operating a
Slide 11: Improved financial position
Improved financial position Comments Q2 2026 compared with Q2 2025 SEKm Q2-26 Q2-25 2025 Intangible assets 2,005 1,903 1,831 ● Net debt of SEK 14m at period-end (net debt of Tangible assets 14 17 15 SEK 115m a year ago) Right-of-use assets 125 61 130 Non-current financial assets 316 73 277 ● Leverage:
Slide 12: Summary
Summary ● Net sales +12.7% CER and EBITDA adj. margin of 19.2% (up 2.3pp) ● 2026 EBITDA adj. guidance raised to SEK 900m (from SEK 870m) ● Fast, ambitious innovation delivering Storytel Genie and Storytel Pulse ● Strong financials support an active M&A agenda ● Well on track to deliver on our mid-ter
Slide 13: Storytel Group
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