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Storytel AB (publ) (STORYb.ST)

STORYb.ST on Stockholm Stock Exchange

116.60SEK
15 Nov 2019
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Latest Key Developments (Source: Significant Developments)

Storytel Starts Launch In South Korea
Friday, 15 Nov 2019 

Nov 15 (Reuters) - Storytel AB (publ) ::STARTS LAUNCH IN SOUTH KOREA.  Full Article

Storytel Q3 EBITDA Loss Widens To SEK 65.8 Mln
Tuesday, 12 Nov 2019 

Nov 12 (Reuters) - Storytel AB (publ) ::INTERIM REPORT JANUARY - SEPTEMBER 2019 STORYTEL AB (PUBL).STREAMING SALES UP 43% FROM Q3 2018, TO 399 (280) MSEK.Q3 STREAMING REVENUE SEK 399.2 MILLION VERSUS PRELIM SEK 399 MILLION.SUBSCRIBER BASE UP 41% FROM Q3 2018 TO 1,014,400 (720,900) ON AVERAGE.Q3 NET TURNOVER INCREASED TO 491 FROM Q3 2018, (373) MSEK.Q3 EBITDA LOSS SEK 65.8 MILLION VERSUS LOSS SEK 43.5 MILLION YEAR AGO.OUR STREAMING SEGMENT EXCEEDED OUR OWN FORECAST IN Q3/19 DRIVEN BY STRONG PAYING SUBSCRIBER BASE GROWTH AND AN ARPU INCREASE RESULTING FROM VAT-REDUCTIONS IN SWEDEN, NORWAY AND FINLAND.GUIDANCE Q4/19 AND FY2019: WE ARE MAINTAINING THE STREAMING REVENUE GROWTH TARGET FOR 2019 AT 36-41%, AND EXPECT TO COME IN AT 39%, DUE TO STRONG GROWTH AND INCREASED ARPU.Q3/19 WAS A STRONG QUARTER ACROSS OUR MARKETS WHEN IT COMES TO USAGE, ENGAGEMENT AND GROWTH OF OUR SUBSCRIBER BASE.FOR THE FIRST TIME IN OUR HISTORY, STORYTEL RECORDED A QUARTER WITH AN AVERAGE OF MORE THAN ONE MILLION PAYING SUBSCRIBERS..GUIDANCE Q4/19 AND FY2019: WE ARE ALSO INVESTING IN MARKETING TO REACH THIS GROWTH TARGET AND EXPECT TO COME IN AT AROUND -16% EBITDA MARGIN.GUIDANCE Q4/19 AND FY2019: WE EXPECT TO REACH THE TARGET OF 1 100 000 SUBSCRIBERS BY THE END OF THE YEAR..  Full Article

Vitruvian Partners Buys Stake In Storytel
Monday, 14 Oct 2019 

Oct 14 (Reuters) - Storytel AB (publ) ::PRIVATE EQUITY-CO VITRUVIAN PARTNERS BUYS STAKE IN STORYTEL FROM MAJOR SHAREHOLDER ROXETTE PHOTO NV.ACQUISITION REPRESENTS ABOUT 3% OF TOTAL NUMBER OF SHARES IN STORYTEL.AFTER TRANSACTION ROXETTE PHOTO NV HOLDS 17% OF SHARES IN STORYTEL AND REMAINS BIGGEST SHAREHOLDER IN CO.  Full Article

Storytel Acquires Finnish Gummerus Kustannus Oy
Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - Storytel AB (publ) ::STORYTEL ACQUIRES FINLAND'S THIRD-LARGEST BOOK PUBLISHING HOUSE.STORYTEL ACQUIRES FINLAND'S THIRD-LARGEST BOOK PUBLISHING HOUSE.CLOSING IS EXPECTED TO TAKE PLACE ON 30 SEPTEMBER 2019.STORYTEL AB IS ACQUIRING FINLAND'S THIRD-LARGEST BOOK PUBLISHING HOUSE, GUMMERUS KUSTANNUS OY.PARTIES INVOLVED HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE.GUMMERUS KUSTANNUS OY HAD A TURNOVER OF APPROXIMATELY EUR 7.6 MILLION IN 2018 AND MADE A PROFIT AFTER FINANCIAL ITEMS OF ABOUT EUR 0.3 MILLION.PURCHASE PRICE WILL BE PAID PARTLY IN CASH AND PARTLY THROUGH ISSUANCE OF SHARES IN STORYTEL AB (PUBL).PURCHASE PRICE WILL NOT HAVE A SUBSTANTIAL IMPACT ON STORYTEL GROUP'S FINANCES.  Full Article

Storytel Launches Its Service In Brazil
Tuesday, 10 Sep 2019 

Sept 10 (Reuters) - Storytel AB (publ) ::STORYTEL LAUNCHES ITS SERVICE IN BRAZIL.STORYTEL ALREADY HAS OPERATES IN MEXICO AND COLUMBIA, AND GOING LIVE TODAY IN BRAZIL FURTHER STRENGTHENS ITS LATIN AMERICAN PRESENCE.UPON OPENING ITS OFFICE IN SÃO PAOLO, BRAZIL, IN NOVEMBER OF 2018, STORYTEL SIGNED AGREEMENTS WITH LEADING BRAZILIAN PUBLISHERS AND INITIATED BIG AND STRATEGIC PROJECT OF PRODUCING AUDIOBOOKS IN PORTUGUESE.  Full Article

Storytel Q2 Streaming Revenue At SEK 320 Mln
Friday, 5 Jul 2019 

July 5 (Reuters) - Storytel AB (publ) ::STORYTEL EXCEEDS FORECAST FOR Q2 2019.STORYTEL HAD 887,500 PAYING SUBSCRIBERS ON AVERAGE IN Q2 2019, WHICH IS AN INCREASE OF 53,200 CUSTOMERS COMPARED TO Q1 2019.STREAMING REVENUE FOR Q2 2019 WAS 320 MSEK, COMPARED TO FORECAST OF 313 MSEK.ANNUAL REVENUE GROWTH IS THEREFORE 37%..AVERAGE NUMBER OF PAYING SUBSCRIBERS IN Q2 2019 IN NORDIC REGION AMOUNTED TO 669,200.  Full Article

Storytel Q1 Pre-Tax Loss Widens To SEK 90.7 Million
Tuesday, 14 May 2019 

May 14 (Reuters) - Storytel AB (publ) ::INTERIM REPORT JANUARY - MARCH 2019: STORYTEL AB (PUBL).Q1 STREAMING SALES UP 33% Y/Y TO 296 (222) MSEK.Q1 NET TURNOVER INCREASED TO 385,016 (312,163) TSEK.Q1 SUBSCRIBER BASE UP 44% Y/Y TO 834,300 (577,900) ON AVERAGE.Q1 GROUP REVENUE SEK 393.8 MILLION VERSUS SEK 320.4 MILLION YEAR AGO.Q1 GROUP PRETAX LOSS SEK 90.7 MILLION VERSUS LOSS SEK 53.9 MILLION YEAR AGO.FOR 2019 EXPECTS NEGATIVE EBITDA WITHIN THE RANGE 14-16%.TARGET FOR STREAMING REVENUE FOR 2019 CORRESPONDS TO A GROWTH RATE OF 36-41%.  Full Article

Storytel AB (Publ) Launches Service In Singapore
Tuesday, 26 Mar 2019 

Storytel AB (publ) ::LAUNCHES SERVICE IN SINGAPORE.  Full Article

Storytel Completes Directed Share Issue Of About SEK 500 Million
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - STORYTEL AB (PUBL) ::STORYTEL HAS COMPLETED A DIRECTED SHARE ISSUE OF APPROXIMATELY SEK 500 MILLION.SUBSCRIPTION PRICE WAS SEK 115 PER SHARE.ISSUE ENTAILS DILUTION OF ABOUT 7.8 PERCENT OF NUMBER OF SHARES AND VOTES.  Full Article

Storytel Q4 Streaming-Revenue At SEK 209.2 Mln
Monday, 26 Feb 2018 

Feb 26 (Reuters) - STORYTEL AB (PUBL) ::Q4 STREAMING-REVENUE TO 209.2 MSEK (147.4 MSEK).Q4 SHARE OF INTERNATIONAL STREAMING-REVENUE AT 43.6% (37.9%).GOAL FOR STREAMING IS TO HAVE 800,000 SUBSCRIBERS IN FIFTEEN MARKETS BY END OF 2018.NET TURNOVER FOR GROUP IN Q4, 2017 TOTALLED SEK 365,055 (287,298).Q4, 2017 UNIT-SALE COSTS FOR GROUP TOTALLED 212,366 (155,974) TSEK..  Full Article