Q2 2024 Storytel AB (publ) Earnings Call Transcript

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Jul 30, 2024

Jul 30, 2024 / 07:30AM GMT
Johannes Larcher - Storytel AB(publ)-Chief Executive Officer

Welcome to Storytel Group's Earnings Call for the Second Quarter of 2024. My name is Johannes Larcher and I am Storytel's CEO. I am joined today by Peter Messner, our CFO.

We are very pleased with our performance in Q2. Thanks to the continued hard work by our entire team, we were able to achieve the best quarterly financial performance in the history of Storytel and we are very proud to deliver these results at the end of a two-year transformation process that was intense and challenging, but ultimately successful.

As a group, we are today very well positioned financially, operationally, strategically and organizationally for the opportunities that lie ahead in the fast growing audiobook sector and the new challenges that no doubt will also be part of our future.

Behind our success over the past 24 months lies our hybrid strategy that combines publishing and streaming. We are convinced that this hybrid group strategy of being both publishers and direct-to-consumer distributors of

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