Believe SA (CHIX:BLVp)
€ 15 0 (0%) Market Cap: 1.51 Bil Enterprise Value: 1.33 Bil PE Ratio: 0 PB Ratio: 3.87 GF Score: 41/100

H1 2021 Believe SA Earnings Call Transcript

Sep 15, 2021 / 04:30PM GMT
Release Date Price: €18.32
Denis Ladegaillerie;tÃ;anonyme;Founder
Believe SociÃ;CEO & President

©©- -

Thank you very much. Well, good morning, good afternoon and good evening, everyone. Today, Xavier and I will be spending the next hour with you, and we're quite happy to do so for this first half year result for Believe.

If we can turn directly to Slide 4 of the presentation. In H1 of 2021, Believe has experienced strong organic growth, driven first and foremost by our attractivity -- Believe's attractivity to a new generation of independent digital artists. We've grown across all segments of the artist market from entry to established top artists thanks to our unique model, allowing us to serve all of them. We've grown digital music revenues at the rate of 30% organically, which is about twice the rate of the market leader, driving strong global market share gains. Of course, as you might imagine, our growth is also sustained by the continued structural long-term market growth trends that we're seeing for paid subscription; the recovery in ad-funded monetization

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot