The company reports that its consolidated revenues, which includes revenues from its B2B and B2C segments, amounted to €115.2 million in Q1 2023, an increase of 6.2%YoY at constant currency. Deezer’s total number of subscribers reached 9.3 million as of March 31, 2023, compared to 9.5 million in March, 2022, representing a decrease of 2.1% YoY. Deezer says that this revenue increase was primarily driven by a continued expansion of the group’s subscriber base in France, which was up 9.8% YoY.
Source: Deezer’s revenues grew 6.2% YoY in Q1, but its total subscribers fell 2.1% to 9.3m