Audioboom celebrates demand for podcasts as swings to adjusted profit
15th Jan 2025 14:33
(Alliance News) - Audioboom Group PLC on Wednesday said that revenue climbed comfortably last year amid steady popularity of podcasts. Read More
(Alliance News) - Audioboom Group PLC on Wednesday said that revenue climbed comfortably last year amid steady popularity of podcasts. Read More
Audioboom Group PLC - Jersey-based podcast publisher - Says its "strong" momentum continued in the final quarter of 2024. The company notes a record monthly brand advertiser count of 10,165 in November, up 65% from 6,157 a year ago. Audioboom for 2024 now expects to generate adjusted earnings before interest, tax, depreciation and amortisation of USD3.1 million, up 11% from the previous recently upgraded market forecast of USD2.8 million. This would be a swing from the adjusted Ebitda loss of USD396,000 reported for 2023. For 2025, Audioboom expects revenue growth to be at least in line with the industry growth forecast of 10%. Chief Executive Officer Stuart Last says: "Our platform is delivering higher-quality revenue and extracting more value than ever before, and I look forward to updating you further on our performance this year in January 2025." Read More
Audioboom Group PLC - Jersey-based podcast publisher - Confirms that Showcase revenue has risen as anticipated, surging 49% higher year-on-year in October. Showcase is the group's global advertising technology-based marketplace. The group therefore now expects to report adjusted earnings before interest, tax, depreciation and amortisation profit of USD2.8 million for 2024, ahead of a company-compiled market consensus of USD2.5 million and ahead of the company's own USD1.0 million forecast in mid-October. This compares to an adjusted Ebitda loss of USD396,000 in 2023. Read More
(Alliance News) - Audioboom Group PLC on Tuesday said it anticipates a jump in revenue, citing its global ad-tech based marketplace Showcase. Read More
(Alliance News) - Audioboom Group PLC on Tuesday reported its August revenue was the "strongest" month of the year so far, as it jumps by more than a third. Read More
(Alliance News) - Audioboom Group PLC on Tuesday said it is considering a US listing, believing it is "undervalued" following a strong first half of 2024. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Audioboom Group PLC - podcast publisher - Extends deals with several "top-tier podcasts". These include comedy podcasts The Broski Report and The Nateland Podcast, and a trio of true crime-focused podcasts Serialously with Annie Elise, National Park After Dark, and Minds Of Madness. It explains the five podcasts are key parts of its Audioboom Creator Network. They contributed "over 70 million downloads to the network over the past year". Read More
(Alliance News) - Audioboom Group PLC said it was optimistic for 2024 while it reported an increased loss for last year. Read More
(Alliance News) - Audioboom Group PLC on Monday announced the appointment of two new sales executives to drive the company's growth and expansion. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Audioboom Group PLC said on Friday that it had "boosted its position" on the latest podcast industry rankings and grew its US market share. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Audioboom Group PLC - Jersey-registered podcast publisher with offices in London and New York - Says it achieved "record audience reach" last month. Over 38.6 million unique listeners worldwide downloaded podcasts on the Audioboom Creator Network in January, "a new monthly record" and over 9% higher than the average 34.4 million listeners reached per month during the fourth quarter of 2023. Company says it is now the fifth largest US podcast publisher as ranked by Triton Digital LLC, which provides marketing and content management services to audio streaming and podcast companies. Says the difference in weekly listeners between it and third-placed Wondery LLC has shrunk from 2.5 million to 1.5 million. Adds that it "will continue to bring new top tier podcasts with strong audiences to the platform in 2024". Read More
(Alliance News) - Audioboom Group PLC on Monday celebrated its return to revenue growth and adjusted profit in the fourth quarter, although it expects to report decreased earnings for all of 2023. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Audioboom Group PLC on Thursday said it continues to expand its creator network through "new exclusive partnerships with top tier podcasts." Read More
(Alliance News) - Audioboom Group PLC on Thursday said it has reached a milestone after reaching more than one billion advertising impressions. Read More
(Alliance News) - Audioboom Group PLC on Monday said revenue is down more than 10% so far in 2023, sending the company into loss, even on an adjusted basis, but it expects a better fourth quarter and 2024. Read More
(Alliance News) - Audioboom Group PLC on Monday said it has been ranked as the fifth largest US publisher of podcasts in two "key" industry reports. Read More