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Investment Case

Storytel Group is a leading audio and e-book streaming service combined with a successful publishing business. Through our strong brands in both Publishing and Streaming, we reach a wide audience and drive growth with high-quality content and innovative services.

Why invest in Storytel?

  1. Proven business model
    Audiobooks have proven to be highly suitable for streaming and are one of the strongest performing streaming media segments. Our strategy of participating across the value chain has resulted in industry-leading profitability.
  2. Strong cash flow generation
    Our high degree of recurring revenue, strong unit economics, and low working capital requirements allow for efficient scaling of our business.
  3. Balanced growth initiatives
    Our highly profitable Nordic platform allows for internally financed growth initiatives in attractive markets outside the Nordics. Our industry-leading proprietary audiobook catalogue presents growth opportunities in multiple markets around the world.
  4. Strong synergies between Publishing and Streaming
    By combining our publishing companies with our streaming offering we cover the entire value chain for audio- and e-books. Our own content forms a stable foundation for our streaming offering.
  5. Relationships across the value chain
    The authors are the foundation of our business and by establishing direct relationships with authors we can provide the best available streaming offering to our book lovers.

Number of subscribers

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Adjusted EBITDA and margin

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