One year has passed since the pandemic, and we need to start looking for positive aspects. These come from the reader, which is unexpected. It is said that Poles read little or no books at all. At the same time, Nielsen’s 2020 report shows dizzying numbers. It shows that compatriots bought 100 million e-books and spent 2 billion zlotys on e-books.
This translates to LegimiThe number of subscribers increased by 66%.
-In the fourth quarter of 2020, when Poles faced the second wave of pandemic, we noticed a significant increase in interest in digital entertainment that can be enjoyed without going out-said Legimi, Chairman of the Management Committee and co-founder Mikołaj Małaczyński.
Poles like subscription models. They are eager to get Netflix, HBO Go or Spotify. Increasingly, this also applies to e-books and audio book libraries. It is worth adding that Legimi sold 1 million e-books last year. The company hopes to capitalize on its popularity and enter the NewConnect stock exchange on April 14.
-The purpose of introducing company stocks into alternative market transactions is to establish stable investor relations and systematically establish the image of a reliable, stable, mature and well-managed company. In the long term, we hope to convert these functions into freeing up more funding opportunities to accelerate development in the next few years, Małaczyński explained.
Existing stocks will be introduced into trading, and their debut on the stock exchange has nothing to do with the issuance of new stocks. Legimi’s report last year showed that the company’s revenue was 32 million zlotys and profits exceeded 2 million zlotys.