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Press release

Nextory delivers record customer inflow in Q1 2026 and exceptional international growth in 2025

Nextory, one of Europe’s leading book streaming services, continues its growth journey and has entered a new expansive phase of customer acquisition. This was particularly evident in the first quarter of 2026, where the number of registered customers was 39 percent higher than in the same quarter the previous year.

In 2025, Nextory saw a clear shift in its growth rate, with steady development in the first half of the year followed by strong acceleration in the second. This was reflected in both financial performance and customer acquisition. Several international markets saw particularly strong growth, especially in Germany and France where customers registering increased by 60 percent and 55 percent respectively in 2025 compared to 2024. This highlights Nextory’s strength as a well-positioned, locally adapted player, as well as the strong market momentum for audiobooks.

The inflow of newly registered customers increased further during the first quarter of 2026, rising by 39 percent compared with the same period last year. The effect is also clearly visible in the preliminary results for the quarter, where both revenue and paying customers increased by more than 10 percent. Nextory is growing even faster in April and has recorded a 13 percent increase in the number of paying customers compared with the same period last year.

– These figures are both an important and clear message for us. We have not seen this level of new customer inflow for several years. The inflow is also spread across most age groups and user segments. We clearly see that the strength we built last year in our offering, app, and content is delivering results, says Shadi Bitar, CEO and founder of Nextory.

The strong inflow of customers is driving a clear increase in both recurring revenue and the number of paying users.

– We feel fully confident that the strength we have seen since last summer will continue. The development in both inflow and paying customers speaks very clearly and shows that we are on the right path towards strong and sustainable profitable growth, says Shadi Bitar.

For the full year 2025, total revenue increased to SEK 684 million from SEK 644 million the previous year. Profitability also continued to improve.

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Nextory is one of Europe's largest streaming services for audiobooks and e-books. The app was founded in 2015 by the serial entrepreneurs Shadi Bitar and Ninos Malki. Since then, the company has developed into a fast-growing platform that enables unlimited distribution of stories and knowledge in various digital formats. Together with the subscribers, Nextory shares a great passion for literature of all kinds and strives to be an independent and natural place where everyone can easily find their next stories. This goes hand in hand with the vision to increase reading around the world to enrich people's lives and thereby contribute to increased well-being, personal development and strengthened democracy. Today, Nextory's catalog contains over 1 million titles and the app is available in ten markets around Europe, with headquarters in Stockholm. Read more at www.nextory.com.

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