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Audioboom Share Discussion Threads
Showing 3426 to 3447 of 3450 messages
|Not sure if this has been posted before, but its from a VP at AB about future advertising trends in podcasting. Even if AB simply maintains its market share, the market is growing by about 25% pa which means lots of natural organic growth.
|@englishlongbow and @top tips.
Let's hope there are a lot of other people that share your enthusiasm.|
Nothing that hasn't already been said here before.|
|That's why I grabbed a few more today and the takeout price will be over a billion.|
|This could ten bag by year end.|
|Another possibility for Boom is to build up the following and then start charging for some of the content. That could rapidly generate relatively large revenues.|
|It's going in the right direction.|
iHeartRadio continues to burrow into the podcast space, signing a partnership with AudioBoom that will further expand the streaming audio company’s content catalog. This follows several podcast-related partnerships that iHeartradio has announced in recent months, including LibSyn, Art19, and NPR member stations.
As a reminder, the value proposition that iHeartRadio provides these podcast platform companies is theoretical access to the service’s reportedly large user base. iHeartRadio apparently has over 95 million registered users, but two caveats apply: (1) the exact number of monthly active users — the key metric — is still unclear, and (2) it remains to be seen whether partner podcasts can meaningfully benefit from the iHeartRadio user base. As any public radio member station that has attempted to convert broadcast listeners to podcast listeners can tell you (see the Knight Foundation’s recent podcast report, Point 1), conversion aspirations aren’t all that straightforward.
I don't think this means '1 billion quid'|
|Nice find. Second story down in the link. So BOOM gets access to iHeart's 95 million registered users.|
|Liberum currently have a 9p value on BOOM shares and RP indicated it was based on ,"conservative" assumptions.|
|You are not exactly correct as the Spotify figure was based on the IPO money and the users, not the revenues. Obviously BOOM are in the process inserting a lot more adverts to generate revenues and doing it more intelligently and will be licensing out the SONR platform to others which will generally revenues and syndicating their own content. This will become more apparent in 2017 and 2018. BOOM will be generating a profit next year. Take a look at all the loss making oil and biotech companies that have market values many times I that of BOOM and see the good value here. RP said the Liberum figures are conservative. I personally think they could hit £7m revenues for 2017.|
|stockimatt... good post. I think the key will be how audioboom can increase revenue per listen as well as user numbers. i am pretty sure this will come but some of the fancy valuations kicked about are very unrealistic for now ... who knows in 5 + years time if can hold out as independent company and avoid too much more share dilution. i think a buy and worth topping up but wouldnt bet the house on it. nai / dyor|
|It's an interesting article. What it doesn't mention is the revenue those 60million users are generating.
Using the figures from this article:
Those 60 million users generated revenue of ~$2.2Bn or ~$36.5 per user.
For BOOM using the estimate figures for FY16, 58.58M users will generate £1.3M in revenue or just £0.02 per user.
So using the article's valuation of a Spotify user as ~5 times the revenue it generates ($200/$36.5). That would give each user for BOOM an estimated valuation of 10p or a total of £5.8M. A lot less than the current market value of ~19M.
Obviously, growth etc needs to be factored in especially the forecasts for FY17. So as I said previously I can't see the share price raising too far north of 3p in the near term unless the results and forecasts are a lot better than currently expected.
Long term there is room to grow the revenue per user and the number of unique users. That's why I've been topping up lately, but don't expect the share price to start growing just yet.|
|This article from Jan 2015 may help regarding the Unique User approach to valuation (it also mentions Spotify). At the time of publication, BOOM's share price was 9.8p and the market capitalisatin was £52 million:
SMALL CAP SHARE IDEAS: Audioboom shares up over 1,000% last year as boss plans to build on one of 'the hottest digital sectors out there'
By Ian Lyall For Thisismoney.co.uk
Published: 17:01, 19 January 2015
AIM ticker: BOOM, Value: £52m, Current price: 9.8p, Year high: 18.2p
Robert Proctor said he could barely raise a smile from the Silicon Valley venture capitalists or indeed any UK based VCs when he took the Audioboom story out on the road, looking for cash.
Proctor told Proactive Investors: 'Spoken word audio and audio on demand were just not that trendy a couple years ago. Now they are the hottest digital sectors out there'.
Audioboom’s share price, up over 1,000 per cent last year, reflects the medium’s new-found popularity.
Having utterly transformed the business in less than two years, the aim now is to deliver the real value.
That means cracking the phone and tablet market while at the same time creating a profitable and cash generative business.
Audioboom styles itself as the NetFlix for audio. It was initially set up as a user generated content social network, akin to Twitter for audio.
However, the service offering is now aimed squarely at the largest broadcasters, publishers and sporting organisations, which use Audioboom’s technology as their default audio player on their websites and social media channels.
This has been a huge success with companies such as the BBC, Bauer, Global and Fox using the technology worldwide.
Proctor reckons the firm is now the world’s biggest repository of on demand spoken word content.
More than 2,000 content partners are signed up to Audioboom, which has 5,600 channels and 3.3million registered users (up from just 25,000 in April 2013) and over 30million monthly active unique users.
Phase-two will see it chase the consumer market aggressively, for this is where the real value lies. That means it now has to become the default spoken word and podcast player on mobile devices.
It will officially launch on Apple’s iOS platform later this month, although the alpha version of the app is already in the Apple app store, while the Android version will formally go live towards the end of February.
The target is to have 5million registered users by the end of the year. Proctor reckons the tipping point where the service will have gone viral is around the 7-8million user mark.
Once this landmark is achieved it can be safely assumed that Audioboom is established and sticky and the process of monetisation through advertising can begin in earnest.
Until it gets to this point, the CEO is keen to keep the mobile app ad-free.
The reality of being a publicly listed firm is that Audioboom, unlike virtually every other high growth internet company in the world, must at some point make money for its investors.
However, Proctor doesn’t want to degrade the user experience before that vital tipping point of virality has been hit.
So, he and the team have come up with a plan that allows the business to break even during 2016 while continuing to develop the consumer offering.
The company will do this by syndicating out its highest quality audio content to third-party websites, with this content carrying pre-,post-roll and graphic display advertising.
By way of explanation let’s use the Audioboom’s tie up with websites devoted to Manchester United.
It has identified around 3,000 sites and blogs that cover the footballing ups and downs of one of the world’s most popular club.
Only a handful of them have media capabilities. So, Audioboom has singled out 128 to receive Manchester United related audio with advertising attached.
This model is being replicated for all the Premier League teams, across other sports such as cricket, rugby and cycling.
Additionally, the company is creating audio content and ad networks for all of its major content genres, including: entertainment, news, business and music.
By the end of the quarter, the company estimates its sports network alone could number 4,000 sites, attracting 30million unique users.
Web advertising experts reckon conservatively this could generate a monthly income of around £300,000 for the sports content alone. Proctor won’t comment on the figure.
The group came to AIM by reversing into cash shell Delta One.
It raised just under £3.5million at 1.5p in March and topped this up in October with a further £8million.
The current market capitalisation of £52million may from the outside may look a little toppy for a business that is likely to remain loss-making for most of the next two years.
However, this is very definitely the wrong way to look at Audioboom.
Spotify is widely rumoured to be gearing up for an IPO that would value the music streaming service at US$10-15billion.
On that basis its 60million users are worth just over US$200 each.
Applying that metric to Audioboom delivers a number that is just under 10 times its current market capitalisation.
But given the user base is nowhere near the critical mass it requires, you would have to discount that per subscriber valuation significantly.
A value of US$25 per subscriber gives us the business’s current market worth. There is an argument that for Audioboom $50 to $100 per head is closer to the mark.
That argument can rage. This analysis simply reveals that the current share price, which has gone from 1.5p last March to just under 10p today, provides a conservative valuation yardstick.
The recent flow of announcements reveals the group is gaining significant traction with content providers.
Its partnership with Nobex Technologies opens the door to 20,000 radio stations worldwide with 500mln users streamed via the American firm’s award winning app.
Deals of this ilk were the thing of dreams back in April 2013 when the business in its current form started with just 25,000 registered users.
Proctor said: 'We started from a low base less than two years ago'.
He added: 'I think we have done alright so far, but we have big plans for 2015 and we can see the hockey stick growth beginning across a number of our key KPIs'.|
|One way to value them is to assign a value to each Unique User. They had 58.5 million UU's at the last update. If worth £20 each that gives over £1 billion and at £40 each that gives well over £2 billion valuation.|
|You obviously have not see Spotify's valuation.|
|I do wonder whether the projected £5.3m revenue for FY17 is already priced in. BOOM's current Market cap is ~£19M. So unless their revenue starts to exceed expectations for FY16 and FY17 I can't see it moving too far north any time soon.
Maybe the FY16 results and FY17 Q1 update will trigger some upward movement.|
|what month do you think it will break 3p?|
|He says revenues will go up "exponentially" this year.|
|Rob Proctor interview on V.o.x M.a.rkets yesterday.
Starts 1 min 30 sec.
|Topped up again today showing as a sell. The annual Results next month will put the spotlight back on BOOM.|