Storytel Ab Class B · OMXSTO:STORY_B
Storytel Ab Class B — Q1 2025 Earnings Presentation
15 slides from Storytel Ab Class B's earnings presentation, Apr 29, 2025
Slide 1: First Quarter 2025
First Quarter First Quarter 2025 2025 April 29, 2025
Slide 2: The first quarter delivered solid financial results
“The first quarter delivered solid financial results, reflecting strong momentum across both the Streaming and Publishing segments” First quarter report 2025
Slide 3: Bodil Eriksson Torp, CEO and Jonas Olson, Head of Finance
Bodil Eriksson Torp Jonas Olson CEO Head of Finance
Slide 4: Operational highlights Q1 2025
Operational highlights Q1 2025 Strong momentum ○ Strong Publishing sales growth in external and internal channels ○ Streaming reached a new milestone - surpassing 2.5 million paying subscribers Profitability improvements ○ Gross profit improvement and economies of scale led to greater profitability ○ H
Slide 5: Group Financial Highlights Q1 2025
Group Financial Highlights Q1 2025 Comments Q1 2025 compared with Q1 2024 Net sales up 7% Gross Profit Margin up 2.0 pp MSEK ● Group revenue up 7% at constant exchange rates ● Driven by a solid development in both Streaming and particularly in the Publishing segment ● Substantial increase in both Gro
Slide 6: LTM-development Net sales and adj. EBITDA margin
LTM-development Net sales and adj. EBITDA margin First quarter report 2025
Slide 7: Streaming Performance Q1 2025
Streaming Performance Q1 2025 Comments Q1 2025 compared with Q1 2024 11% Increase in Average Subscribers ARPU remain at a high level Average Subscribers (thousands) ● Average number of subscribers increased by 245,000, up 11% SEK ○ Of which 86,000, up 7%, in the Nordics ○ Storytel’s Non-Nordics Core
Slide 8: Streaming segment
Streaming segment Comments Q1 2025 compared with Q1 2024 ● Net sales up 6% to 862 (812) Streaming (MSEK) Q1-25 Q1-24 Change, % MSEK, and 6% at constant Net sales 862.1 812.3 6% exchange rates Cost of sales -493.1 -474.0 4% ○ Nordics: revenue +3%, Gross profit 369.0 338.3 9% subscribers +7%, ARPU -4%
Slide 9: Publishing segment
Publishing segment Comments Q1 2025 compared with Q1 2024 Publishing (MSEK) Q1-25 Q1-24 Change, % Net sales 283.4 245.3 16% ● Net sales up 16% to 283 (245) MSEK Cost of sales -210.8 -188.2 12% Gross profit 72.6 57.1 27% ● Gross profit up 27% to 73 (57) MSEK, Operating profit 21.7 11.0 97%. with a margi
Slide 10: Cash flow generation
Cash flow generation Comments Q1 2025 compared with Q1 2024 MSEK Q1-25 Q1-24 2024 Adjustments for non-cash items relate to Profit before tax 20.8 -14.9 235.6 depreciation and amortization, FX movements and changes in provisions Cash flow from operating activities before 87.8 28.0 514.3 change in worki
Slide 11: Strong financial position
Strong financial position Comments MSEK Q1-25 Q1-24 Q4-24 ● Cash and cash equivalents were Intangible assets 1,968 1,939 1,994 534 (352) MSEK, increased due to Tangible assets 18 17 14 the strong cash flow generation Right-of-use assets 64 70 71 during recent quarters Non-current financial assets 72 6
Slide 12: Substantially improved leverage ratio
Substantially improved leverage ratio Comments Q1 2025 compared with Q1 2024 Net Interest-Bearing Debt (MSEK) Q1-25 Q1-24 Q4-24 Interest-bearing liabilities within Current ● Net interest-bearing debt was 116 - 49.4 - liabilities (345) MSEK Interest-bearing liabilities within 650.0 647.8 650.0 Non-cu
Slide 13: Summary
Summary ● Celebrate 20 years of leading innovation in storytelling ● Compelling catalogue with over 1.6 million titles ● Proudly recognize authors and narrators with Storytel Awards ● New milestone - surpassing 2.5 million paying subscribers ● Continued focus on AI ● High engagement and a continued
Slide 14: Capital Markets Day
Capital Markets Day When? May 15 at 13.30 Where? Storytel Group HQ Riddarholmen / Stockholm PRESENTATION TITLE
Slide 15: Storytel
storytel