Storytel Group reports record high profitability and solid inflow of subscribers in the third quarter 2025
“Record high profitability, solid customer intake, and robust cash flow generation. Our performance reinforces our confidence in achieving our mid-term targets, while we raise our guidance for 2025”, says Bodil Eriksson Torp, CEO Storytel Group.
Q3 Highlights
- Group revenue up 6% to 1,013 (954) MSEK, and 9% in constant exchange rates (CER).
- Streaming revenue up 4%, and 7% at CER.
- Publishing up 14%, and 16% at CER.
- Gross profit rose 6% to 460 (434) MSEK, for a margin of 45.4% (45.5%).
- Adjusted EBITDA increased by 26% to 224 (178) MSEK, for a margin of 22.1% (18.7%).
- Items Affecting Comparability (IACs) of 7 (-18) MSEK, related to long term incentive programs.
- Net profit for the period amounted to 138 (55) MSEK.
- Earnings per share amounted to 1.70 (0.67) SEK before dilution, 1.69 (0.67) SEK after dilution.
- Cash flow from operations before changes in working capital increased to 203 (148) MSEK.
Significant events after the period
- Raised 2025 adjusted EBITDA margin guidance to 18.0-19.5 percent (from 17.5-19.0).
- Appointed Stefan Wård as new CFO.
- Storytel’s streaming service launched in Estonia.
- New partnership with RDF Media to accelerate audiobook growth in Chile.
Financial summary
| MSEK | Q3 2025 | Q3 2024 | Change | Jan-Sep 2025 | Jan-Sep 2024 | Change |
| Group Revenue¹ | 1,013 | 954 | 6% | 2,925 | 2,770 | 6% |
| Streaming Revenue² | 884 | 852 | 4% | 2,600 | 2,498 | 4% |
| Publishing Revenue³ | 324 | 285 | 14% | 907 | 793 | 14% |
| Gross profit | 460 | 434 | 6% | 1,317 | 1,223 | 8% |
| Gross margin % | 45.4 | 45.5 | -0.1p | 45.0 | 44.1 | 0.9p |
| Operating profit | 152 | 87 | 74% | 289 | 110 | 161% |
| Adjusted EBITDA | 224 | 178 | 26% | 537 | 410 | 31% |
| Adjusted EBITDA margin % | 22.1 | 18.7 | 3.4p | 18.4 | 14.8 | 3.6p |
| EBITDA | 232 | 161 | 44% | 528 | 322 | 64% |
| Earnings per share, basic (SEK) | 1.70 | 0.67 | 154% | 2.45 | 0.72 | 240% |
| Earnings per share, diluted (SEK) | 1.69 | 0.67 | 152% | 2.43 | 0.72 | 238% |
| Cash flow from operations before changes in working capital | 203 | 148 | 37% | 430 | 283 | 52% |
| Cash flow for the period | 45 | 140 | -68% | -77 | 11 | -790% |
| Net Interest-Bearing Debt (NIBD) | 23 | 202 | -88% | 23 | 202 | -88% |
| NIBD/adjusted R12 EBITDA ratio | 0.03 | 0.40 | -92% | 0.03 | 0.40 | -92% |
| ¹ The adjustments from segment level to group level are 1) Removing Storytel Norway at 50%, 2) Removing internal publishing revenue from Net Sales and adding internal publishing revenue as cost reduction within Cost of Sales, 3) Costs related to central group overhead functions 4) Adding result from Norway in accordance with the equity method. See Note 5 to the financial statements for additional details. | ||||||
| ² Streaming revenue includes 50% of Storytel Norway’s revenue in line with Storytels ownership. | ||||||
| ³ Publishing revenue includes both external and group-internal revenue. | ||||||
Certified adviser
FNCA Sweden AB is the Company’s Certified Adviser.
For more information, please contact:
Stefan Wård, CFO & IR, Storytel Group
Tel: +46 73 182 01 43
Email: stefan.ward@storytel.com
Malin Lindborn, Head of Communications, Storytel Group
Tel: +46 735 33 17 70
Email: malin.lindborn@storytel.com
About Storytel Group
We are a storytelling company. Driven by our purpose - “Leading the future of storytelling, we move the world through stories” - Storytel Group inspires and entertains people around the world by blending innovation with tradition. We bring stories to life across various formats for everyone to discover. Anytime. Anywhere.
Storytel Group operates in two business areas: Streaming and Publishing. The streaming service is one of the largest audiobook and e-book services, offering more than 1.8 million titles, in 55 languages to more than 2.6 million subscribers under the brands Storytel, Mofibo and Audiobooks.com. Through the Publishing unit, we deliver high-quality stories from acclaimed authors across numerous genres via renowned publishing houses such as Bokfabriken, Gummerus, Lind & Co, Norstedts Publishing Group, People’s and Storyside. The headquarters are located in Stockholm, Sweden.
This information is information that Storytel AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-10-28 08:00 CET.
Attachments
Report Interim Report January September 2025 Storytel AB
Quarterly Figures Interim Report January-September 2025
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