EQS-News

tonies SE: tonies delivers strong results in first nine months of 2022 and raises profitability guidance for FY 2022 significantly

EQS-News: tonies SE / Key word(s): Quarterly / Interim Statement tonies SE: tonies delivers strong results in first nine months of 2022 and raises profitability guidance for FY 2022 significantly 28.10.2022 / 07:59 CET/CEST The issuer is solely responsible for the content of this announcement. Quarterly statement Q3 2022

tonies delivers strong results in first nine months of 2022 and raises profitability guidance for FY 2022 significantly

• Outlook for Adjusted EBITDA margin raised: tonies now expects materially better Adjusted EBITDA margin in the range of -5% to -2% for FY 2022 (FY 2021: -8.1%)
• Outlook for revenue for FY 2022 confirmed at EUR 250 million for the Group and
  EUR 52 million for the US market
• Strong revenue growth of +30% YoY in the first nine months of 2022 driven by international expansion, especially the US market with an almost five-fold increase in revenue

LUXEMBOURG, 28 October 2022 // tonies SE ("tonies"), a leading international digital audio platform for children with the award-winning Toniebox, announced results for the third quarter and the first nine months of 2022, ended on 30 September 2022. tonies continued its growth path with revenue growth of +30% YoY in first nine months of 2022 and raised full-year 2022 guidance for Adjusted EBITDA margin.

Marcus Stahl, Co-Founder and Co-CEO, says: "The increase in our Adjusted EBITDA margin guidance is a strong message and I am proud that we are making significant progress in improving our profitability even despite persistent macroeconomic challenges. In line with our strategy, we are further rolling out our highly profitable DACH business model into international markets and our international expansion continues to gain momentum. Not only have we maintained our exceptional growth trajectory in the US market, but we have also taken our first step into the Asia-Pacific region with the launch of our beloved products in Hongkong.”