Storytel reported fourth quarter results, with streaming revenues of 605 MSEK, up from 503 MSEK in the fourth quarter 2020. For the full year, revenues were 2,251 MSEK, up 20 percent from 2020, in line with it forecast. Paying subscribers grew 22 percent, to 1.81 million for the year. For the Nordic segment, the average number of paying subscribers was 1,047,900 in the quarter, with streaming revenues of 459 MSEK. Non-Nordic streaming revenues were up 41 percent in the quarter to 146 MSEK. The average number of paying subscribers was 736,700, up 43 percent from the same quarter last year. […]
