Dividend policy & Financial goals

Readly's Board of Directors has adopted the following dividend policy and financial targets.

Dividend policy

Readly's Board of Directors does not intend to propose the distribution of a dividend in the short or mid-term and intends to use the cash flow generated for continued investments in growth. The Board of Directors shall each year evaluate the possibility of distributing a dividend after taking into account the development of the business as well as its operating profit and financial position. 

Financial Goals

The Board of Directors has adopted the following financial goals:

•  25% total revenue growth 2022-2024 (CAGR).
• In the long-term reach a gross margin of 35%
• In 2025 reach a positive EBITDA