CEO highlighted churn of 1.8%
International content providers are key for growth
Potential M&A opportunities in fragmented market
Existing geographies have a long runway for growth
Today we hosted Skolon's CEO, Oliver Lundgren, at ABGSC's Investor Days. He discussed the organic growth target of 50% p.a. and mentioned several growth opportunities, with a focus on increasing the number of users in markets outside Sweden and increasing ARPPU in Sweden. In addition, Skolon provided new data points, mentioning that almost 50% of Swedish students and teachers have a Skolon account, and provided a churn figure of 1.8% in 2023. Mr Lundgren also mentioned M&A opportunities, given the fragmented nature of the market and Skolon's ability to leverage its existing platform and user base.