Today the Guardian Media Group publishes its financial results, showing a positive year for reader revenue growth together with investment in international, technology and product development.
The results show:
Digital reader revenue grew by 8% to £88.2m (2023: £81.9m), with over 56% coming from outside the UK. The supporter base is at a record high with well over 1 million recurring digital supporters.
Overall revenue was £257.8m down 2.5% (2023: £264.4), reflecting a market slowdown in advertising and sustained structural pressures on print.
Adjusted net operating cash outflow of £36.5m. This reflects continued planned investment in Guardian US and a new Guardian Europe edition to drive international reach and impact, together with planned technology and product investment, including the launch of a new Guardian Feast cooking app.
