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The Guardian - UK
The Guardian - UK
Business
GNM press office

Guardian Media Group plc (GMG) publishes 2022/23 statutory financial results

GMG Guardian Media Group Guardian News Media GNM United Kingdom

The Guardian announces double digit international revenue growth following sustained investment in journalism and digital capabilities

The results show:

  • Total revenues increased by £8.6 million (3.4%) to £264.4m (2022: £255.8m)

  • International revenues grew 17% to £93.2m (2022: £79.9m) and now account for 35% of revenues overall.

  • Digital revenues now account for 70% total revenues (2022: 66%). Digital reader revenues grew 7.6% to £81.9m (2022: £76.1m), with over 50% coming from outside the UK, and more than one million paying supporters.

  • Adjusted net operating cash outflow of £21m (2022: cash inflow £6.7m). This reflects continued planned investment in editorial teams, newsletters, podcasts and digital capabilities, including continued investment in Guardian US and Guardian Australia, to drive impact and revenue growth globally.

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