![]() Content from the Publishing business creates a differentiated content line-up that benefits the Streaming business, and the opportunities created by the Streaming business enhance Storytel's value proposition for authors. Operating both Publishing and D2C Streaming businesses creates unique value for Storytel. We will allocate our resources to markets with the right conditions for success, and by increasing our subscriber base to more than 3.2 million paid subscribers by 2026, we are in a position to deliver growth with increased profitability over time," says Johannes Larcher, CEO of Storytel since October 2022. In Streaming, we have a proven business model with a current EBITDA margin of over 20 percent in the Nordics and the US, excluding central overhead. Storytel is a well-positioned leader in the fast growing audiobooks sector, and our strategy of operating both D2C Streaming services and leading Publishing houses provides us with valuable advantages. "Together with the Board, my Executive Management Team and I have now set the direction for our strategic journey going forward and how we will deliver, step by step, in accordance with our mid-term financial targets. Positive and significant increase in Operational Cash Flow from 2023.CAPEX of about 5 percent of Group revenue.EBITDA margin of at least 12 percent in 2026, with a long-term ambition of 15 percent or higher. ![]() Organic average annual streaming revenue growth of 15 percent. ![]()
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