Storytel AB (STU:DST)
€ 5.11 -0.16 (-3.04%) Market Cap: 404.24 Mil Enterprise Value: 439.28 Mil PE Ratio: 0 PB Ratio: 3.94 GF Score: 77/100

Q2 2024 Storytel AB (publ) Earnings Call Transcript

Jul 30, 2024 / 07:30AM GMT
Release Date Price: €5.09 (+7.75%)
Johannes Larcher;publ;Chief Executive Officer
Storytel AB

()-

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

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot