Storytel AB (publ) (STORY_B) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Storytel Q3 Report 2025. During the questions and answers session, participants are able to ask questions by dialing pound key five on their telephone keypad. Now I will hand the conference over to the CEO, Bottle Ericsson Torp, and CFO, Stefan Vard. Please go ahead. Good morning, everyone, and welcome to Storytel Group's Q3 2025 earnings call. We are pleased to report strong financial performance today across both our segments in streaming and publishing, with robust customer intake and record high profitability. This performance reinforced our confidence in achieving our guidance for 2025. which we will talk more about today. So I am Bodil Eriksson-Tor, the CEO of Storytel Group since a year. And also joining us today is our new CFO, Stefan Vård. So welcome to you, Stefan, to our first call from inside Storytel. And I'm sure that you're going to love it. So as we just said, we have delivered another strong quarter with over 2.6 million paying subscribers. Most of them, as you know, are highly engaged book lovers, and we increased our paying subscriber space with over 10% year over year. We continue a strong financial development, reflecting underlying growth in both our segments and we deliver revenue growth of 9% in constant currency. The growth was driven by focus on our customer experience, while we continued operational efficiencies led to our record high profitability and a strong cash flow generation. And regarding the ARPU, it decreased due to a main factor that is the FX effects of 4sec. but also due to our continued growth in markets outside the Nordics, where we are having lower price points, as we have been talking about before. The publishing segment achieved strong sales and growth, and also very improved profitability, partly driven by the ...