Hoi Publishing

They talk about their backgrounds, the path to profitability and growth – both organically and through acquisitions – and share their vision for the future.

Impala Nordic publishes a coverage comment on Hoi Publishing AB (publ) due to the upcoming rights issue. Impala Nordic provides its view on the case, where majority-owned Eleven Stories is particularly interesting. The Company's guidance for 2025 and its view on the current valuation are also commented on.

The company has identified four film projects that have a good chance of reaching full financing during the year, which would make a clear contribution to both revenue and profit as early as 2025.

Rambe further elaborates on the significance of the acquisition for the mobile media venture, as well as the significant revenue opportunities going forward.

Through the acquisition, Hoi becomes the majority owner of Eleven Stories AB, which is expected to increase Hoi's sales significantly in the coming years.

We note that this corresponds to growth of approximately 57% compared to Q2, while being in line with our expectation of approximately SEK 7 million.

The growth is mainly due to the acquisitions of Superlux Aps and Ekström & Garay AB. Impala Nordic expects continued increased sales during Q2 and Q3, with forecasts of SEK 7 million and SEK 8.5 million, respectively.

He also highlights the strategies that have contributed to the company's impressive growth, including a turnover of SEK 15.7 million in 2023.

Which drives significant revenue growth and improved profitability. The company is listed on NGM.

The engagement from investors was strong, resulting in relevant questions and fruitful discussions.

The company's unique model, where the author and publisher share the risk, creates good conditions for launching a large number of titles while limiting financial risk. Hoi ended 2023 with strong revenue growth and is completing a significant acquisition of the publisher Ekström & Garay and is facing an exciting year ahead.

Hoi Publishing aims to expand its operations and reach a turnover of over SEK 200 million within five years, initially in the Nordic region and then globally. For 2024, the focus is on strengthening the synergies from its acquisitions, increasing turnover and generating profit.