Audioboom Share Discussion Threads

[parob] 04/1/2024 09:51

Let’s say revenue for Q4 comes in at $19.5M and Cavendish increase their 2024 annual forecast to $85M (from $79M) then you would be looking at:

$85M is £67M

16.38M shares in issue.

£5 a share = MCap of £81.9M or $104M

That would be only 1.22 x 2024 forecast against industry valuations of 4 times.

[festario] 04/1/2024 09:26

Peeping up into the blue again, and the bid rising, ever so gently.

[amelio] 04/1/2024 08:43

Thanks. BOOM has the big 3 attractions at present. Fundamentals, Chart and Sentiment. All of which looking highly positive imo.

[wooty01] 04/1/2024 08:24

Amelio I leave it to you to do the chart analysis but I note you've been right so far! At £5 a share that's a market value of USD100m which is 1.25x 2024 forecast revenue. Peanuts.

[amelio] 04/1/2024 07:59

Could be towards the end of the month or if like previous years when news has been good could come as early as next week.

PR certainly ramped up recently so they’re on the ball :-)

[amelio] 04/1/2024 07:56

BOOM chart steepening and don’t see much in its way until it gets busy around the £5 mark. Expect it to test this area within a few weeks.

Caveat being when the Q4 trading and Outlook announcement is released which I for one am expecting to be a blockbuster and the next major driver in share price action.

[ozzywalker] 03/1/2024 19:12

Careful what you wish for Devonlad

[devonlad] 03/1/2024 17:05

Nasdaq listing?

[amelio] 03/1/2024 17:01

First impression was the for sale sign has just been stuck in the window.

[parob] 03/1/2024 17:01

It’s certainly a great way to get some coverage in industry press and get the ‘word out’.

‘Podcasting Today’ is one such publication that has covered it today:

[devonlad] 03/1/2024 16:33

Such a nice chart forming with a loing way to go on the right hand side of the bowl. Held up very well today with weak holders taken out and new positions in. Strange non RNS, something is definitely brewing here, have BOOM done that before do any long term holders know?

[jungmana] 03/1/2024 14:28

Ramp , deramp or neutral makes little difference in the direction of the share price . The company is doing brilliant and imho will be back to 1000p+ this year .One of my top 5 picks for 2024

[festario] 03/1/2024 11:27

He's a mindless ramper, desperately underwater on PET

[amelio] 03/1/2024 10:53

On the filter Risky goes

[riskyinvestor] 03/1/2024 10:45

Put Petrel Resources on your watchlist

My target price for that is £5


Presently 3.40p

Rumours of BLOCK 6

[cyberbub] 03/1/2024 10:32

Selling half at a bagger is a very common strategy. Anyway it's a moot point, hopefully onwards and upwards.

[parob] 03/1/2024 10:27

As mentioned before it would be great to see a gradual climb up to around 400p before the Q4 update comes out later this month, then a further boost on its release.

CEO has reiterated today that he expects 2024 will bring even more success, in other words…..record annual revenues:

“Podcasting is a wonderful and inspiring medium, and I believe 2024 will bring even more success for us all."

[amelio] 03/1/2024 10:18

There are buyers and sellers at all stages of a share price climb and I don’t ever believe there’s a heap of holders in any stock waiting for a bag before cashing out.

[cyberbub] 03/1/2024 09:41

Remember that 300p is the 100% profit mark for people who bought at the 150p bottom. There is always some churn at the 100% mark. Once through the next big churn will be at the 200% profit mark around 450p (assuming no bad news), or perhaps up to 500p. GLA

[devonlad] 03/1/2024 09:08

Kudos Amelio, called it right, that is why you can't trade BOOM, it just goes boom every now and then. Would love that jungamama! Interesting non RNS though, for Boom to grow, they need to attract the quality podcasters, maybe that was directed at them?

[jungmana] 03/1/2024 08:59

500p target by end of January

[amelio] 03/1/2024 08:50

How’s that momentum ;-)

[parvez] 03/1/2024 08:45

Non-Regulatory RNS news on ADVFN this morning……;…

03/01/2024 7:00am
RNS Non-Regulatory

TIDMBOOM

Audioboom Group PLC

03 January 2024

REACH

Audioboom Group plc

("Audioboom" or the "Company")

Audioboom: 2023 - A Year in Numbers

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce key milestones and data points connected to the success of the Audioboom Creator Network in 2023.

- Podcasts on the Audi oboom platform were downloaded 1.5 billion times during 2023 and were listened to in more than 150 countries. The USA, UK and Australia were the biggest regions for listening, but our shows were also heard in Antarctica, Ivory Coast, and Madagascar

- Over 300 million people listened to an Audioboom podcast during the year, with Wednesday 8th March 2023 being the most popular day to download one of our shows

- The popularity of Audioboom podcasts positioned us as the 5th biggest podcast publisher in the USA, as reported by Edison Research

- During 2023, creators published more than 175,000 episodes through the Audioboom platform with episodes of True Crime leading the way, followed by Politics and Comedy

- Audioboom partnered with over 10,000 brands last year, connecting them with our huge audience to execute their advertising campaigns successfully

- Our advertising network enabled us to deliver more than $50 million of payments to our creators, rewarding them for their creativity and supporting their work in podcasting.

Audioboom's CEO, Stuart Last, commented: "Our year in numbers not only reflects the size and scale of the platform that Audioboom has built, but is also testament to the hard work, creativity, and dedication of our partners. Podcasting is a wonderful and inspiring medium, and I believe 2024 will bring even more success for us all."

[amelio] 03/1/2024 08:33

In before the herd arrives always key.