Recent Insider Transactions • Jun 26
Chief Financial Officer recently bought kr359k worth of stock On the 24th of June, Stefan Wård bought around 4k shares on-market at roughly kr89.83 per share. This transaction amounted to 7.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr591k. Stefan has been a buyer over the last 12 months, purchasing a net total of kr950k worth in shares. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to kr86.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Media industry in the United Kingdom. Total returns to shareholders of 171% over the past three years. Announcement • Jun 19
Storytel AB Launches Storytel Genie Ai-Powered Feature Set for Hyper-Personalized Book Discovery Storytel AB launched Storytel Genie, an AI-powered feature set that brings next-level personalization to every user, making story discovery effortless, conversational, intuitive, and deeply personal. Storytel Genie is an AI-powered companion that adds a new layer of interactivity and personalization to the audiobook experience. Designed to understand the context and mood users are in, it can explain why a specific book will resonate, help them pick their next story, and generate recaps when a listener has lost the thread of a story in progress. Storytel Genie is initially rolling out with three core features: Chat: A chat interface available across the app that enables listeners to talk to Genie for new book recommendations, to get more context about a specific book or author, get curated reading lists, or find the perfect discussion topics for their next book club. Recaps: AI-powered recaps that help listeners instantly reconnect with the narrative through short, bite-sized recaps of recent plot developments. Top Picks For You: Hyper-personalised recommendations based on each listener's unique history and preferences, with concise descriptions that capture the essence of every book. Built on a specialized book-agent architecture, Genie integrates leading language models from Google Gemini, OpenAI, Anthropic, and Exa’s real-time knowledge capabilities. Storytel’s proprietary metadata layer ensures the AI remains strictly grounded in the source material, protecting authors' intellectual property while enriching the listener's journey. Storytel Genie rolls out to Swedish subscribers, with full availability across Sweden by July 1 and additional markets from August and onwards. Recent Insider Transactions • May 25
Chief Financial Officer recently bought kr591k worth of stock On the 21st of May, Stefan Wård bought around 6k shares on-market at roughly kr98.50 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Stefan's only on-market trade for the last 12 months. Announcement • May 06
Storytel AB Introduces Ai-Powered Recaps and Sleep Timer Recaps Features Storytel AB (publ) built features directly around the habits and behaviors of its audience, making the audiobook experience more frictionless than ever. The two latest AI-powered features Recaps and Sleep Timer Recaps are designed to solve the problem of 'where did I leave off?', and ultimately help users finish more books. Following a successful pilot in Sweden, these AI-powered features are now expanding to more markets. The idea is to provide concise recaps of previous plot points, ensuring a seamless transition back into the story – whether the user paused for a week or just fell asleep mid-chapter. Storytel’s new feature is designed for the modern, multi-format book lover. By providing Recaps AI-powered recaps of previous listening sessions, users can quickly orient themselves before they hit play. It’s perfect for those picking up a series after a break, or after reading a physical book and switching to the audiobook. Recaps then help identify exactly where the audio picks up and help users finish more stories. Internal data shows that over 100,000 users in Sweden alone use Storytel’s sleep timer every night, but 63% struggle the next morning to find the exact moment they drifted off. The Sleep automatically generates a summary of the section played while the timer was Timer Recaps active. When the listener wakes up, they are greeted with a brief overview of what they missed, allowing them to jump back to the right moment without the frustration of manual rewinding. Recaps use AI technology to help users catch up, but the work of authors and narrators stays protected. The rollout has already begun in Sweden, Denmark, Finland, Iceland, the Netherlands and Bulgaria, and the features are initially available on thousands of titles in the Storytel catalog, with plans to gradually expand across the entire library and to more markets throughout the year. Upcoming Dividend • Apr 29
Upcoming dividend of kr1.50 per share Eligible shareholders must have bought the stock before 06 May 2026. Payment date: 12 May 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (3.7%). Reported Earnings • Mar 30
Full year 2025 earnings released: EPS: kr6.26 (vs kr2.55 in FY 2024) Full year 2025 results: EPS: kr6.26 (up from kr2.55 in FY 2024). Revenue: kr4.02b (up 5.9% from FY 2024). Net income: kr483.0m (up 146% from FY 2024). Profit margin: 12% (up from 5.2% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 16
Dividend of kr1.50 announced Shareholders will receive a dividend of kr1.50. Ex-date: 6th May 2026 Payment date: 12th May 2026 Dividend yield will be 1.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (28% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 12
Full year 2025 earnings released: EPS: kr6.26 (vs kr2.55 in FY 2024) Full year 2025 results: EPS: kr6.26 (up from kr2.55 in FY 2024). Revenue: kr4.02b (up 5.9% from FY 2024). Net income: kr483.0m (up 146% from FY 2024). Profit margin: 12% (up from 5.2% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Feb 12
Storytel AB (publ) announces Annual dividend, payable on May 12, 2026 Storytel AB (publ) announced Annual dividend of SEK 1.5000 per share payable on May 12, 2026, ex-date on May 06, 2026 and record date on May 07, 2026. Announcement • Feb 11
Storytel AB (publ), Annual General Meeting, May 05, 2026 Storytel AB (publ), Annual General Meeting, May 05, 2026. Recent Insider Transactions • Nov 25
Insider recently bought kr996k worth of stock On the 24th of November, Jonas Sjogren bought around 15k shares on-market at roughly kr68.66 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr625m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to kr68.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Media industry in the United Kingdom. Total returns to shareholders of 50% over the past three years. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: kr1.70 (vs kr0.67 in 3Q 2024) Third quarter 2025 results: EPS: kr1.70 (up from kr0.67 in 3Q 2024). Revenue: kr1.01b (up 6.2% from 3Q 2024). Net income: kr131.3m (up 156% from 3Q 2024). Profit margin: 13% (up from 5.4% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr88.30, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Media industry in the United Kingdom. Total returns to shareholders of 87% over the past three years. Announcement • Oct 29
Storytel AB (publ) to Report Q1, 2026 Results on Apr 28, 2026 Storytel AB (publ) announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Oct 17
Storytel Group Elevates the Audio Experience with the Release of Unique Dolby Atmos Mixs of Pottermore Publishing's from the Wizarding Archive Storytel Group is elevating the audio experience with the release of unique Dolby Atmos mixes of Pottermore Publishing's From the Wizarding Archive. Dolby Atmos brings fans of the Harry Potter universe a new dimension of sound and offers deeper insight into the story of the wizarding world. Featuring local Danish and Swedish casts, the title is now immediately available for the first time in local language on Storytel in Sweden and Mofibo in Denmark. Dolby Atmos transforms the listening experience with a multi-dimensional soundscape to make every scene more vivid. Voices are more intimate and surroundings are reflected even more lifelike and powerfully. Instead of just listening, users are invited to step inside the world of a book as the scenes unfold all around them. Storytel is pleased to now release From the Wizarding Archive, with unique Swedish and Danish Dolby Atmos recordings by local cast. From the Wizarding Archive is a treasure trove for fans of the Harry Potter universe, comprising 80 articles and stories originally published on and now available on Pottermore.com. . Listeners can delve deep into intimate character back stories, unearth forgotten HarryPotter.com. histories, and illuminate the rich backstory that has captivated millions worldwide. With Dolby Atmos, these are set to be more vivid and captivating than ever before, using sound to transport the users directly into the wizarding world with clarity, detail, and depth. Announcement • Sep 24
Storytel Launches Innovative Product Features to Elevate the User Experience Storytel is launching several innovative product features that will enable book lovers to experience stories in completely new ways. The features are designed to make every interaction with stories more immersive, accessible, and personalized - from new interactive elements to smarter recommendations and expanded content offerings. Read and listen at the same time with the synced listening feature. This highly anticipated and requested feature allows users to read along with the audiobook text in order to navigate, stay engaged, and quickly re-enter the context of the audiobook. With this feature, users can easily check a sentence they didn't quite hear or see how a certain name is spelled. This is an update for anyone seeking a completely immersive reading experience, especially those with concentration difficulties or individuals learning to read or learning a new language. Synced listening is rolling out gradually to users in Sweden on titles from selected publishers who have opted in for being a part of this launch from September 24th. The feature will expand to more users in more markets in the upcoming months. Find the book on Storytel with Story Scan. Among the new advancements is the brand-new camera search feature, a seamless bridge between physical and digital literary worlds. Imagine this: you're at a friend's house and a book catches eye. You're intrigued so want to check if it's available on Storytel. With Storytel's new camera search Story Scan, this is made incredibly simple. Just take a photo of the book's cover with phone, and voila - Storytel will instantly identify the title and serve the audiobook or ebook version. This feature is designed to eliminate friction, making it easier than ever to transition between formats and discover new stories. It's about empowering the users to engage with books on their own terms, whether they prefer the physical book or the immersive journey of an audiobook. Story Scan is rolling out to users in all Storytel markets from September 29nd. This will allow publishers to upload audiobooks with Dolby Atmos, offering listeners more clarity, detail, and depth for a richer listening experience. Imagine being able to hear the rustle of leaves behind, or subtle nuances of a character's voice as if are right there in the scene. This creates a truly multisensory experience that goes beyond traditional stereo sound and this enhancement will give Storytel subscribers an unparalleled level of immersion. Users can expect a suite of titles with Dolby Atmos spatial sound technology to be added to the service during the fall. Somother search experience for all audiobooks and e-books will be introduced. This innovation is designed to bridge the current experience gap, particularly for non-fiction titles, and to facilitate a much smoother transition between different formats; physical books, e-books, and audiobooks. With this new feature, users will no longer be limited by format when seeking information or revisiting passages. This enhanced search functionality will empower users to quickly locate and engage with the exact content they're searching for, whether they prefer to read or listen. Improving recommendations with USBN - a new book identifier for the streaming era. ISBN, often described as a book's social security number, has been used as the international identifier for books since the 1970s. It's well established in the industry, but in the streaming era it creates challenges: an ISBN doesn't show whether two titles are just different editions of the same work. As a result, if a user searches for "The Great Gatsby," they may be served many separate versions of the same book, making discovery harder than it needs to be. To make it easier and more enjoyable for users to find exactly the book they're looking for, Storytel has developed USBN - a new type of identifier of audiobooks that connects different editions, formats and translations under one universal identifier. Announcement • Aug 29
Storytel AB (Publ) Announces Chief Financial Officer Changes Storytel Group announced that company and CFO Peter Messner have agreed that Messner will leave his position, which he has held since June 2023. Jonas Olson, Head of Finance at Storytel Group since 2023, has been appointed acting CFO. The recruitment process to identify a permanent replacement has been initiated. Reported Earnings • Jul 29
Second quarter 2025 earnings released: EPS: kr0.55 (vs kr0.38 in 2Q 2024) Second quarter 2025 results: EPS: kr0.55 (up from kr0.38 in 2Q 2024). Revenue: kr958.2m (up 3.6% from 2Q 2024). Net income: kr42.4m (up 45% from 2Q 2024). Profit margin: 4.4% (up from 3.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, while revenues in the Media industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 22
Vice Chairman & Founder recently sold kr20m worth of stock On the 13th of June, Jonas Tellander sold around 222k shares on-market at roughly kr90.86 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jonas has been a net seller over the last 12 months, reducing personal holdings by kr690m. Announcement • Jun 13
Storytel Group Appoints Åsa Wilson as Chief People Officer Storytel Group announced the appointment of Åsa Wilson as Chief People Officer. Åsa joins from AMD Silo AI, where most recently she held the position as HR & Integration Lead. At Storytel Group, she will join the executive management team and report to CEO Bodil Eriksson Torp.Åsa Wilson brings over 15 years of experience from leading the people agenda within entrepreneurial scale-ups in the gaming and tech industries. She has a strong background of driving operational and cultural transformation that directly aligns with business goals, through various leadership roles in the people field at Silo AI and the game developer Avalanche Studios Group, where she held the position of Chief People Officer for over five years. In her new role Åsa will strengthen Storytel Group's focus on people and culture, and develop a people strategy and agenda that supports the 2028 strategy. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr95.35, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Media industry in the United Kingdom. Total returns to shareholders of 42% over the past three years. Announcement • May 06
Storytel AB (publ) Approves Dividend, Payable on 13 May 2025 Storytel AB (publ) announced that at its AGM held on May 6, 2025, the AGM resolved to dispose of the profits in accordance with the Board of Directors proposal, meaning that a dividend payment will be made in the amount of SEK 1.00 per share, with 8 May 2025 as record date, and that the remaining profits according to the adopted balance sheet be carried forward. The dividend is expected to be paid to the shareholders on 13 May 2025. Reported Earnings • Apr 29
First quarter 2025 earnings released: EPS: kr0.20 (vs kr0.32 loss in 1Q 2024) First quarter 2025 results: EPS: kr0.20 (up from kr0.32 loss in 1Q 2024). Revenue: kr952.9m (up 6.8% from 1Q 2024). Net income: kr15.4m (up kr40.2m from 1Q 2024). Profit margin: 1.6% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2024 earnings released: EPS: kr2.55 (vs kr10.63 loss in FY 2023) Full year 2024 results: EPS: kr2.55 (up from kr10.63 loss in FY 2023). Revenue: kr3.80b (up 8.8% from FY 2023). Net income: kr196.7m (up kr1.02b from FY 2023). Profit margin: 5.2% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Mar 04
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Vice Chairman & Founder Jonas Tellander is the most experienced director on the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Feb 23
Vice Chairman & Founder recently sold kr626m worth of stock On the 21st of February, Jonas Tellander sold around 7m shares on-market at roughly kr96.31 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jonas has been a net seller over the last 12 months, reducing personal holdings by kr669m. Recent Insider Transactions • Feb 15
Insider recently bought kr20m worth of stock On the 12th of February, Jonas Sjogren bought around 210k shares on-market at roughly kr95.60 per share. This transaction amounted to 69% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr29m more in shares than they bought in the last 12 months. Reported Earnings • Feb 14
Full year 2024 earnings released: EPS: kr2.55 (vs kr10.63 loss in FY 2023) Full year 2024 results: EPS: kr2.55 (up from kr10.63 loss in FY 2023). Revenue: kr3.80b (up 8.8% from FY 2023). Net income: kr196.7m (up kr1.02b from FY 2023). Profit margin: 5.2% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jan 30
Storytel AB (publ) to Report Fiscal Year 2024 Final Results on Mar 27, 2025 Storytel AB (publ) announced that they will report fiscal year 2024 final results on Mar 27, 2025 Board Change • Jan 21
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Vice Chairman & Founder Jonas Tellander is the most experienced director on the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Nov 03
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr44m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Significant insider selling over the past 3 months (kr44m sold). Recent Insider Transactions • Nov 03
Vice Chairman & Founder recently sold kr44m worth of stock On the 31st of October, Jonas Tellander sold around 650k shares on-market at roughly kr68.06 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jonas has been a net seller over the last 12 months, reducing personal holdings by kr52m. Announcement • Nov 01
Storytel Announces Resignation of Joakim Rubin from the Board of Directors Storytel announces the resignation of Joakim Rubin from the Board of Directors of company, effective as of 1 November 2024. Joakim Rubin has held the position since 2021 and is stepping down at his own request. Proposal for a potential new Board member will be presented by the Nomination Committee no later than in connection with the notice for the 2025 Annual General Meeting. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: kr0.67 (vs kr0.06 loss in 3Q 2023) Third quarter 2024 results: EPS: kr0.67 (up from kr0.06 loss in 3Q 2023). Revenue: kr954.0m (up 6.5% from 3Q 2023). Net income: kr51.4m (up kr56.0m from 3Q 2023). Profit margin: 5.4% (up from net loss in 3Q 2023). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • Sep 19
Storytel AB (publ) Appoints Nomination Committee Storytel AB (publ) announced that In accordance with the principles for the Nomination Committee adopted by the Annual General Meeting, the members have been appointed by each of the four largest shareholders or group of shareholders by voting power that wish to participate in the committee, and the Chair of the Board of Storytel Group. The following members have been appointed to the Nomination Committee: Rustan Panday (committee chair), appointed by a shareholder group consisting of Jonas Tellander, Annamaria Tellander, Paul Svedrup, Dimitra AB, Jon Hauksson, Kristoffer Lind AB and Jehangir AB;Hans-Peter Ostler, appointed by Roxette Photo S.A.; Alexander Lindholm, appointed by Otava Oy; Oscar Severin, appointed by Vitruvian Partners; Hélène Barnekow, Chair of the Board. Recent Insider Transactions • Aug 04
Vice Chairman & Founder recently sold kr9.2m worth of stock On the 1st of August, Jonas Tellander sold around 150k shares on-market at roughly kr61.11 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jonas has been a net seller over the last 12 months, reducing personal holdings by kr17m. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: kr0.38 (vs kr0.41 loss in 2Q 2023) Second quarter 2024 results: EPS: kr0.38 (up from kr0.41 loss in 2Q 2023). Revenue: kr924.5m (up 8.6% from 2Q 2023). Net income: kr29.2m (up kr60.9m from 2Q 2023). Profit margin: 3.2% (up from net loss in 2Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. Board Change • Jul 29
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 1 highly experienced director. Vice Chairman & Founder Jonas Tellander is the most experienced director on the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jul 23
Storytel AB (publ) Announces CEO Changes The Board of Directors of Storytel AB (publ) announced that Bodil Ericsson Torp is appointed new CEO of Storytel Group, effective October 1, 2024. Ericsson Torp replaces Johannes Larcher who will leave his position in the fall, as previously announced. Bodil Ericsson Torp brings over 20 years of experience from senior management roles within various media companies in the Nordics. She joins Storytel Group from VO2 Cap Holding AB (publ), a holding company that refines and expands entrepreneurial companies in media, marketing and tech, where she has held the position as CEO since 2021. Prior to VO2, Ericsson Torp served as the Group CEO/President of Aller Media AB for eight years and successfully implemented a digital transformation across the media house, achieving substantial financial growth. She also spent 15 years in various management roles within the Swedish media group Bonnier, of which eight years in CEO positions, and has held a number of prestigious board assignments during the years. Ericsson Torp holds a Master of Science degree in Economics from the University of Linköping, Sweden and an Executive Master of Science in Communication Management from University of Lugano, Switzerland. Bodil Ericsson Torp will be based at the Storytel Group Headquarters in Stockholm, Sweden. Johannes Larcher will continue to lead the company until September 30, 2024. Recent Insider Transactions • Jun 30
Chief Executive Officer recently sold kr550k worth of stock On the 26th of June, Johannes Larcher sold around 10k shares on-market at roughly kr55.00 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Johannes has been a net seller over the last 12 months, reducing personal holdings by kr7.1m. Board Change • May 22
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Vice Chairman & Founder Jonas Tellander is the most experienced director on the board, commencing their role in 2005. Independent Director Alexander Lindholm was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • May 15
Storytel AB (publ) Approves Board Appointments Storytel AB (publ) at its Annual General Meeting held on May 14, 2024, approved Hélène Barnekow, Ulrika Danielsson, Filippa Wallestam and Erik Tiden were elected as new directors of the Board. Hélène Barnekow was elected as new Chair of the Board of Directors. Reported Earnings • May 07
First quarter 2024 earnings released: kr0.32 loss per share (vs kr0.81 loss in 1Q 2023) First quarter 2024 results: kr0.32 loss per share (improved from kr0.81 loss in 1Q 2023). Revenue: kr891.9m (up 12% from 1Q 2023). Net loss: kr24.8m (loss narrowed 61% from 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 31
Full year 2023 earnings released: kr10.63 loss per share (vs kr5.68 loss in FY 2022) Full year 2023 results: kr10.63 loss per share (further deteriorated from kr5.68 loss in FY 2022). Revenue: kr3.49b (up 9.0% from FY 2022). Net loss: kr819.2m (loss widened 108% from FY 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Mar 22
Vice Chairman & Founder recently bought kr1.0m worth of stock On the 20th of March, Jonas Tellander bought around 20k shares on-market at roughly kr51.40 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr3.4m. Despite this recent buy, Jonas has been a net seller over the last 12 months, reducing personal holdings by kr16m. Announcement • Mar 20
Storytel's Chairman Hans-Holger Albrecht to Not Stand for Re-Election Storytel Group announced that the Chairman of the Board of Directors, Hans-Holger Albrecht, has informed the Nomination Committee that he will not make himself available for re-election at the Annual General Meeting in May 2024. Hans-Holger Albrecht joined the Storytel Board of Directors as Chairman in 2022. Storytel's Nomination Committee will initiate the search for a replacement for Hans-Holger Albrecht in time for the Annual General Meeting of shareholders in 2024. Recent Insider Transactions • Mar 08
Insider recently bought kr1.9m worth of stock On the 5th of March, Jonas Sjogren bought around 37k shares on-market at roughly kr52.60 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr3.4m. Despite this recent purchase, insiders have collectively sold kr12m more in shares than they bought in the last 12 months. Recent Insider Transactions • Feb 18
Insider recently bought kr999k worth of stock On the 15th of February, Jonas Sjogren bought around 20k shares on-market at roughly kr49.43 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr6.8m more in shares than they bought in the last 12 months. Reported Earnings • Feb 16
Full year 2023 earnings released: kr10.63 loss per share (vs kr5.51 loss in FY 2022) Full year 2023 results: kr10.63 loss per share (further deteriorated from kr5.51 loss in FY 2022). Revenue: kr3.49b (up 9.0% from FY 2022). Net loss: kr819.2m (loss widened 114% from FY 2022). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings. Announcement • Jan 24
Storytel AB (Publ) Provides Revenue Guidance for the Year of 2024 Storytel AB (publ) provided revenue guidance for the year of 2024. For the year, company expects group revenue growth around 10%. Announcement • Nov 14
Storytel Books Appoints Line Miller as the New CEO at the Publisher People's, Effective January 8, 2024 Storytel Books (Storytel AB) has appointed Line Miller as the new CEO at the publisher People's, the Danish publishing house within Storytel Books. Line joins from Politikens Forlag where she currently serves as Publisher. Line Miller brings more than 10 years of experience in modern book publishing. At Politiken she has created a creative and dynamic publishing environment, leading the house towards many literary and commercial successes, among them major bestsellers such as "All the Light We Don't See" by Anthony Doerr and Hanya Yanagihara's "A Little Life", and was instrumental in launching Politiken's digital imprint North. Line has been a dedicated member of Politiken for many years. She studied English literature and modern culture at Copenhagen University, and attended the Business of Culture programme at Aalto University in Finland. As the CEO of People's, Line will assume the leadership of the publishing house and its employees, driving its continued success as a prominent publisher of contemporary literature across fiction and nonfiction, and all formats. Line will start her new position on the 8th of January 2024. Reported Earnings • Oct 31
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr895.8m (up 11% from 3Q 2022). Net loss: kr4.68m (loss widened 59% from 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Media industry in the United Kingdom. Announcement • Oct 31
Storytel AB (publ), Annual General Meeting, May 14, 2024 Storytel AB (publ), Annual General Meeting, May 14, 2024. Announcement • Oct 26
Storytel AB (Publ) Announces Nomination Committee Appointments The Nomination Committee in Storytel AB for the Annual General Meeting 2024 has been appointed based onhe ownership s structure as of the last banking day in August 2023. The members are appointed by each of the four shareholders or group of shareholders by voting power that wish to participate in the committee, and the Chairman of Storytel AB. The following members have been appointed to Storytel's Nomination Committee: Tobias Edenman, appointed by a shareholder group consisting of Jonas Tellander, Annamaria Tellander, Paul Svedrup, Dimitra AB, Jon Hauksson and Kristoffer Lind AB; Rickard Wilson, appointed by EQT; Hans-Peter Ostler, appointed by Roxette Photo NV; Oscar Severin, appointed by Vitruvian Partners; Hans-Holger Albrecht, Chairman of Storytel AB. The Nomination Committee's task is to prepare and propose decisions to the Annual General Meeting, on electoral and remuneration issues and, where applicable, procedural issues for the appointment of the subsequent Nomination Committee. Announcement • Sep 12
Storytel Names Carolina Corsello Senior Vice President Data and Insights Storytel announced that Carolina Corsello has been appointed as Senior Vice President Data and Insights. Carolina joins from the French music streaming platform Deezer where she was leading the data, research and insights teams for five years as VP of Data Analytics and Insights. Carolina Corsello has an extensive background in building and developing global data and insights teams within the streaming industry. She joined the French online music streaming platform Deezer in 2016 where her most recent role was VP of Data Analytics and Insights. Prior to Deezer Carolina was working as a brand and communication advisor for the entrepreneurial investment company Kinnevik, as well as being the Head of Corporate Communication at Millicom. At Storytel, Carolina will build and grow a global data and insights team. Her key focuses will be leveraging data and research to help the Technical and Commercial areas to drive business growth, enhance user experience, and maintain a competitive edge for Storytel. Recent Insider Transactions • Sep 11
Insider recently bought kr105k worth of stock On the 8th of September, Claus Wamsler-Nielsen bought around 3k shares on-market at roughly kr33.64 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr7.8m more in shares than they bought in the last 12 months. Announcement • Sep 05
Storytel AB (Publ) Appoints Ana Julia Ghirello as Senior Vice President of Global Partnerships Storytel AB announced Ana Julia "AJ" Ghirello as new General Manager of Expansion Markets and Senior Vice President of Global Partnerships. Ana Julia will drive Storytel's growth in emerging markets like Latin America, Middle East and APAC, as well as contribute to the global growth of Storytel through strategic partnerships across all markets. In her most recent ole, she served as Vice President of Partnerships at HBO Max LatAm. Ana Julia brings more than 15 years of experience in subscription services and digital marketplaces. She has held multiple leadership positions within the TMT sector and streaming specifically, most recently as Vice President of Partnerships at HBO Max LatAm. Prior to joining HBO Max, she led Brazilian network Telecine's D2C and over-the-top OTT) offering. As the new General Manager of Expansion Markets and SVP of Global Partnerships, Ana Julia will lead Storytel's operations in LatAm, MENA and APAC. In addition, she will hold worldwide responsibility for Storytel's partnerships including app-stores, telecom operators, fin-tech partners, and e-commerce providers. Ana Julia Ghirello will start her new position immediately. Announcement • Aug 22
Storytel AB Appoints Mattias Frithiof as Head of Investor Relations Storytel AB (publ) appointed Mattias Frithiof as new Head of Investor Relations to drive the company's communication with stakeholders in the financial markets. In his most recent role, Mattias served as Assistant Vice President and Analyst for Moody's Investor Services. Mattias Frithiof brings 15 years of experience from the financial industry. He has held several roles in investor relations and credit analysis, most recently as Assistant Vice President and Analyst for Moody's Investor Services, working on credit ratings for Nordic and Baltic banks. Prior to joining Moody's, Mattias spent many years in investor relations at Swedbank. As Head of Investor Relations for Storytel, Mattias reports to CFO Peter Messner and will start his new position on August 22. Announcement • Aug 17
Storytel AB (publ) Appoints Malin Lindborn as Head of Communications, Effective August 28 Storytel AB has appointed Malin Lindborn as new Head of Communications to drive the company's communications and stakeholder engagement strategy. In her most recent role, Malin served as PR Director Nordics at Netflix. Malin Lindborn brings more than 20 years of experience from PR and communications. She has held several leadership roles in the entertainment and streaming industry, most recently as PR Director Nordics at Netflix where she led the communications and publicity function in the region for several years, based both out of Amsterdam and Stockholm. Prior to joining Netflix, Malin spent 11 years within the Swedish broadcaster TV4. As the Head of Communications, Malin will report to CEO Johannes Larcher and lead Storytel's corporate communications, media relations, and internal communications function. A key focus will be on developing the company's communications strategy in Storytel's core as well as high-potential markets Malin will start her new position on August 28. New Risk • Aug 08
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr8.0m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Significant insider selling over the past 3 months (kr8.0m sold). Recent Insider Transactions • Aug 07
Vice Chairman & Founder recently sold kr8.0m worth of stock On the 1st of August, Jonas Tellander sold around 200k shares on-market at roughly kr40.21 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jonas' only on-market trade for the last 12 months. Reported Earnings • Aug 02
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr851.1m (up 9.0% from 2Q 2022). Net loss: kr31.7m (loss narrowed 42% from 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • May 28
Chief Operating Officer recently bought kr154k worth of stock On the 25th of May, Claus Wamsler-Nielsen bought around 4k shares on-market at roughly kr34.48 per share. This transaction increased Claus' direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Claus' only on-market trade for the last 12 months. Announcement • May 05
Storytel AB (Publ) Elects Adine Grate, Jonas Sjögren and Alexander Lindholm as New Directors of the Board Storytel AB (publ) elected Adine Grate, Jonas Sjögren and Alexander Lindholm as new directors of the Board at the Annual General Meeting held on May 4, 2023. Reported Earnings • May 03
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr796.3m (up 6.6% from 1Q 2022). Net loss: kr62.8m (loss narrowed 73% from 1Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Media industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 17
Full year 2022 earnings released Full year 2022 results: Revenue: kr3.20b (up 22% from FY 2021). Net loss: kr383.0m (flat on FY 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Media industry in the United Kingdom. Announcement • Feb 09
Storytel AB (Publ) Announces CFO Changes Storytel AB announced that Peter Messner will assume the role of CFO of the Storytel Group following Sofie Zettergren's decision to seek new professional challenges. Susanne Ekblom will remain in her current position as Interim CFO until Peter Messner is installed. Peter Messner was most recently the Group CFO of Catena Media, a leading online lead-generation company within iGaming publicly traded on Nasdaq Stockholm. Peter holds a PhD in Social and Economic Sciences from the University of Vienna, Austria, as well as a Master in Economics and Computer Science from Vienna University of Technology. Peter Messner previously held senior finance positions such as CFO MTGx at Modern Times Group, CFO and Director Corporate Development at Ongame Services AB, and several management roles at Bwin Interactive Entertainment AG. After almost 10 years as the company's CFO, Sofie Zettergren has decided to seek new endeavors outside Storytel following her current parental leave. Susanne Ekblom, Storytel's interim CFO since March 2022 when Sofie Zettergren went on parental leave, will remain in her current position until Peter Messner assumes the Group CFO position due no later than August 11. Announcement • Feb 03
Storytel Appoints Anna Etzler as SVP Operations Storytel announced that Anna Etzler joins the company as SVP Operations to lead the global Operations function as well as a business-wide Project Management Office. Anna Etzler has more than 15 years of experience from driving operational excellence and business transformation in large international organizations, most recently Klarna and before that Karolinska University Hospital and General Electric. In her new role as SVP Operations, she will report to the CEO and lead the Content Production, Rights & Royalties, Customer Support teams as well as a newly established Project Management Office that drives critical cross-company initiatives. Announcement • Jan 09
Storytel AB (Publ) Provides Revenue Forecast for Quarter Four 2022 Storytel AB (publ) Provided revenue forecast for quarter four 2022. For the period, the company expects revenue to be SEK 735,000- SEK 745,000. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Jared Grusd was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Third quarter 2022 earnings released: kr0.043 loss per share (vs kr0.77 loss in 3Q 2021) Third quarter 2022 results: kr0.043 loss per share (improved from kr0.77 loss in 3Q 2021). Revenue: kr805.8m (up 18% from 3Q 2021). Net loss: kr2.95m (loss narrowed 94% from 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Media industry in the United Kingdom. Announcement • Nov 03
Storytel AB (publ) to Report Q3, 2023 Results on Oct 31, 2023 Storytel AB (publ) announced that they will report Q3, 2023 results on Oct 31, 2023 Board Change • Nov 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Jared Grusd was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Jared Grusd was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 23
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Chairman of the Board Hans-Holger Albrecht was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Aug 05
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr780.7m (up 6.8% from 2Q 2021). Net loss: kr54.4m (loss narrowed 61% from 2Q 2021). Over the next year, revenue is forecast to grow 29%, compared to a 8.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 15% per year. 
