EQS-News: tonies delivers excellent Q3 revenue growth of 46% and is on course to achieve revenue of EUR 354m and positive adjusted EBITDA in FY 2023
In the first nine months of 2023, revenue grew by +38.9% YoY to EUR 191.9 million (9M 2022: EUR 138.2 million).
- In the first nine months of 2023, revenue grew by +38.9% YoY to EUR 191.9 million (9M 2022: EUR 138.2 million).
- Revenue in the US reached EUR 26.3 million, reflecting growth of +109.1% compared to the prior-year quarter.
- This implies revenue growth for the group of +37% YoY and for the US of +77% YoY.
- tonies also expects a positive adjusted EBITDA margin for full-year 2023 (2022: -2.4%).