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Investment Case

The audiobook industry is experiencing rapid growth, and offers attractive prospects, both locally and globally. In many of our core markets, we have benefited from being the first mover, and have been able to establish a strong consumer brand that is synonymous with audiobooks and high quality.

Why invest in Storytel?

  1. Profitable business model
    A pioneer, with a proven business model, which over the past two decades has established itself as one of the leading streaming services for audio and e-books.
  2. Strong revenue and cash flow generation
    Attractive finance profile with large portion of recurring revenues, strong unit economics, scalable business model and stable cash generation.
  3. Strong presence in core markets with continued potential
     With a powerful position in our core markets and a disciplined operating strategy, we see significant opportunities for continued growth.
  4. Internal synergies between business areas
    Combination of Publishing and Streaming businesses creates synergies and strengthens our customer proposition and competitive position.
  5. Strong brands
    Attracting both customers and the best authors to build a unique platform and user experience.

Number of subscribers

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Adjusted EBITDA and margin

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