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Sleep Cycle: The subscriber base continues to grow q/q - Redeye

Redeye comments on Sleep Cycle's Q4 2023 report, which continued to show a q/q growth rate in the subcriber base. However, a lower ARPU, mainly due to currency swings, held net sales back a bit. Still, the report was solid and Sleep Cycle continues to be a profitable business, with good cash-generating capabilities. The Board of Directors proposes a dividend of SEK2.30 per share, corresponding to SEK46.6m.

Redeye comments on Sleep Cycle's Q4 2023 report, which continued to show a q/q growth rate in the subcriber base. However, a lower ARPU, mainly due to currency swings, held net sales back a bit. Still, the report was solid and Sleep Cycle continues to be a profitable business, with good cash-generating capabilities. The Board of Directors proposes a dividend of SEK2.30 per share, corresponding to SEK46.6m.
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