Storytel released its interim financial report for second quarter of 2024 ended June 30, with sales up 9 percent to SEK924 million ($86.4 million). Operating profit was SEK47 million, up from a loss of SEK(29) million last year, with EBITDA of SEK110 million, compared to SEK42 million in 2023. According to CEO Johannes Larcher, this is “the best financial performance in the history of the company.” “The continued revenue growth coupled with a higher internal share of content, and a significantly improved cost structure due to the measures implemented late last year and early this year, has made us firmly […]
