Podimo ApS

The Podimo Group (hereinafter "the Group") is Europe’s leading podcasting platform, home to award-winning exclusive originals, audiobooks, and podcasts with over 1.25 million subscribers and delivering over 700 curated episodes a month. Offering premium entertainment through a seamless experience, Podimo combines end-to-end production powered by innovative technology and a creator-first model that rewards creators for producing exceptional content that engages and entertains audiences.

The Group operates an integrated entertainment platform serving paying subscribers across seven markets in Europe and Latin America, comprising Denmark, Germany, Spain, Norway, the Netherlands, Finland, and Mexico. The Group's registered office is in Copenhagen, Denmark, where it was founded in 2019.…

Loss for the year (including comparison with outlook previously announced)

The consolidated Group's financial performance in 2025 reflects continued scaling and investment. Revenue for the financial year ended 31 December 2025 amounted to DKK 677 million (2024: DKK 532 million), representing a year-on-year increase of 27%. Gross profit amounted to DKK 265 million, reflecting a gross margin of 39% (2024: 21%). In 2025, Management took a deliberate decision to accelerate investment in the areas with the clearest line of sight to durable, long-term returns, building on the operational and commercial momentum established earlier in the year. These investments have translated into materially improved unit economics, optimised user acquisition costs, and a strengthened competitive position as th…

Management enters 2026 with confidence in our ambitious strategy and momentum. Building on the operational progress achieved, where our continued disciplined execution is expected to translate into meaningful financial improvement and growth. We are targeting further advances in profit before financial items and cash flow, with profitability now firmly within sight. This reflects the underlying momentum in our business and the structural improvements we have made to our cost base and revenue growth. The expected profit before financial items for 2026 is negative DKK 164-194 million.

Subscriber growth remains a core engine of the business, and we expect this trajectory to continue. Our expanding user base is a direct validation of the value we deliver. Looking ahead, our strategic focus will extend further value to our consumption and creators. We are committed to deepening the quality and stickiness of the user experience through targeted technological enhancements to the platform's social, enriched through video and interactive features. We believe that a more connected, engaging product further binds our user and talent communities together.

Subsequent to the balance sheet date, the Group has entered into a revolving credit facility with an existing debt provider, as well as secured an interest-only exemption through to maturity of the present loan. Additionally, the Group has completed the acquisition of arc.studio GmbH and closed a convertible loan facility. Please refer to note 25.

Other than the above no significant events affecting the Company's financial position have occurred after the balance sheet date.