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As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
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Storytel Streaming Revenues For Q1 At SEK 517 Mln
Storytel Carries Out Share Issue Connected To Lind & Co Deal
Storytel Goes Live In Israel
Storytel publ AB, formerly Massolit Media publ AB, is a Sweden-based holding company whose management is mainly dealing with business development and finance. Massolit Forlag AB is a wholly owned subsidiary of the Company that publishes children’s books and adult literature in current and future format, and mainly sells authorship fiction and non-health/personal development. With Massolit Interactive Studio (ub) the Company will launch a program for digital publishing (applications for smart phones and tablets) at the side of electronic books and MP3 audio books that are already given out through Elib, Storytel and iTunes, among others. The applications are primarily sold through the Apple Appstore and Google Play. The Company operates as a wholly owned subsidiary of Massolit Media AB.
Chairman of the Board
Chief Executive Officer, Director
Interim Chief Financial Officer
Head of Research & Development
Chief Commercial Officer
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Audiobook streaming group Storytel <STORYb.ST> said on Tuesday it expected streaming revenues to rise 21% year on year in the current quarter, a lower growth rate than in the April-June period, weighing on the Swedish company's stock.
Swedish audiobook streaming group Storytel exceeded its forecast for growth in paying subscribers in the second quarter as lockdowns due to the pandemic lifted demand for its services.
Swedish audiobook streaming group Storytel said on Tuesday it expected strong sales and subscriber growth to continue in the second quarter with pandemic-related lockdowns in many markets boosting demand for its services.
Swedish audio book streaming group Storytel on Tuesday said it expected strong growth in streaming revenues and paying subscribers to continue in the second quarter as it reported reduced losses in the first three months of the year.
Audio book streaming group Storytel on Tuesday said it had hit its forecast for growth in paying subscribers in the first quarter, adding booming customer inflow during the latter part of March pointed to a strong start of the second quarter.
Swedish audio book streaming group Storytel on Thursday forecast continued strong growth in streaming revenues and paying subscribers in the first quarter as it reported bigger fourth-quarter losses than in the previous year.
Swedish e-book and audiobook service Storytel said it expected streaming revenues to rise sharply this year to 1.9-2.0 billion Swedish crowns ($201-212 million), with continued strong growth seen in the years ahead.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.