Audioboom Share Discussion Threads

[parob] 15/4/2024 06:44

Plus remember in the last interview Stuart Last said he expected M & A activity to increase towards the end of this year. Also mentioned here in the final results:On each measurement service Audioboom ranks as the highest independent podcast publisher, as well as the highest ranking pure-play podcast publisher. 2023 saw a very low level of M&A and investment activity across the industry. There were no notable acquisitions in the space, with the only noteworthy transaction involving the public listing of Podcast One in September 2023, now trading on Nasdaq. We are confident that the structural growth of the medium and the sharp increase of the Total Addressable Market will lead to M&A activity reigniting during the next 12 months. Audioboom's business model, structure and performance continues to provide strong optionality on our future path. Our global scale and ownership of technology and commercial services will make us an attractive proposition for major media or technology businesses looking to fast-track a leadership position in podcasting. Alternatively, our business model sees us set for continued growth and a strong future as the leading independent player in the space. As always, the Board will continue to strive to deliver maximum shareholder value.

[parob] 15/4/2024 06:36

I remember reading from a couple of competitors that January had been a quiet month for the industry so I'm pleased to see revenue increase to $6.7M in March. That's $80.4M annually without any growth, and we are told "Over this coming year I expect our revenue growth rate to improve further." So whilst a little disappointed with the overall quarterly figure, the monthly figure in March is very encouraging. The two new hires who start this week will help drive increases in revenues.

[bubloo] 15/4/2024 06:35

I think the trading statements is a bit of hype. They will need to come to the market for some more cash. how can they have a market capitalisation of 50 million when they are burning cash at this rate. I suspect there will be drop in the share price today and I hope I will get a chance to sell and move on. I see a placing coming.

[wooty01] 15/4/2024 06:31

Excellent Q1. Everything is at record levels.

[amaretto1] 15/4/2024 06:30

Is it possible to forward statement in this world ...Not sure to be honest

[z1co] 15/4/2024 06:27

Stuart Last, CEO of Audioboom, commented:

"2024 has started exactly as we hoped with the positive momentum of the final quarter of last year continuing. We recorded our second successive period of year-on-year revenue growth and adjusted EBITDA profit as our recovery from the challenging market conditions of 2023 continued. Over this coming year I expect our revenue growth rate to improve further. We have more than US$55 million of contracted revenue for 2024 from advance advertising bookings, and we are perfectly positioned at this stage of the year to deliver our goals of record revenue and adjusted EBITDA profitability.

[z1co] 15/4/2024 06:22

DOW , NASDAQ , S&P Futures all positive

[amaretto1] 15/4/2024 06:22

Mmmm Not the results expected imo Jam tommorow again

[havinthelasttoast] 15/4/2024 06:20

Terrible financials.

Cash bad, growth non existent in a declining overall market and still not making any money just adjusted ebitda and even that is tiny.

Unfortunately this will tank hard today, ignore under water rampers of which audioboom has many

[z1co] 15/4/2024 06:18

Q1 highlights:

2024 is set to be a record year for Audioboom, and - as I highlight in our Q1 2024 Trading Update, released today - we are perfectly positioned to achieve these goals after positive trading in the first 3 months of 2024 in which we delivered revenue of US$17.1 million (up 11% on Q1 2023: US$15.4 million) and adjusted EBITDA profit of US$0.1 million. I expect the revenue growth rate to accelerate through upcoming quarters, and EBITDA profit to grow accordingly.

The Company is confident it will achieve its revenue and adjusted EBITDA goals for 2024, and has made significant progress with contracted revenue of more than US$55 million for the year through advanced advertising bookings - more than US$8 million added since the January 2024 Trading Update.

March revenue of US$6.7 million represented the highest revenue month for the Company since May 2022.

[mrsqueezy] 15/4/2024 06:09

Audioboom Group PLC - Q1 Trading Update #BOOM @audioBoom https://www.voxmarkets.co.uk/rns/announcement/80eb6423-09aa-4569-bf5f-ef18127242cd #voxmarkets undefined

[jungmana] 14/4/2024 22:38

Https://twitter.com/InvestorMeetCo/status/1779434527896518672?t=holOKILUUeJCI_ToPzME-w&s=19

[jungmana] 14/4/2024 19:50

Https://twitter.com/InvestorMeetCo/status/1779434527896518672?t=holOKILUUeJCI_ToPzME-w&s=19

[wooty01] 13/4/2024 16:36

Z1CO. Unfortunately nothing to stop the clowns from coming onto this?

[z1co] 13/4/2024 12:22

Have you seen what's happened to the other thread ?

[cyberbub] 13/4/2024 11:49

What's the particular need to start another thread at this time?

[z1co] 13/4/2024 11:16

Thanks purple

[purple11] 13/4/2024 10:35

or are these zombie companies.ive been following boohoo for a w whwile

[purple11] 13/4/2024 10:34

coold be a good one gl Zico

[mcmather] 13/4/2024 09:54

The potential monetisation of 1.1 advertising impressions (March 2024) is huge. Plus, BOOM are growing and in an industry where significant growth is forecast. Looking forward to Monday.

[z1co] 13/4/2024 08:51

The management have already stated that 2024 will be a record year for revenue and profits.The company is forecast to achieve revenue of $78m for the year , taking in to account the upbeat news flow from the company so far that figure will most likely to be upgraded after the Q1 update.

Record data in Q1 suggests trading has been far better than Q4 of last year when they achieved $19.2m.

All this positive news flow to date in 2024 suggests Q1 revenue of at least $20m.

[z1co] 13/4/2024 07:38

Thanks Wooty , been updated

[wooty01] 13/4/2024 07:21

Z1CO there was also the appointment of two senior sales executives last week as well.

[z1co] 12/4/2024 21:41

News flow so far in 2024 has been very bullish:

08/04/2024:

In March 2024, Audioboom created more than 1.1 billion available advertising impressions - 10% more than the previously announced record of 1 billion in October 2023.

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce the hiring of two key sales executives to expand the Company's revenue operations.

Molly Harvey, formerly of SiriusXM and CBS Radio, joins Audioboom as Vice President of Brand Sales, while Shaun Wilson, formerly of Spotify and Sony Entertainment, joins as Vice President of UK Sales. Shaun is returning to Audioboom, where he previously held the role of UK Head of Sales.

The pair will drive the expansion of Audioboom's blue-chip customer base following the successful launch of the Company's brand-focused sales unit in 2023 which has seen strong early-stage traction with monetisation partnerships established at 8 out the top 15 major US advertising agencies.

28/03/2024:

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce the continued expansion of its creator network through new exclusive partnerships with top tier podcasts including Pretty X Unfiltered, BDA with Katherine Schwarzenegger, Soder, Omnibus, Do We Know Them?, and George Conway Explains It All To Sarah Longwell.

These shows are expected to contribute more than 4 million downloads per month to the Audioboom Creator Network.

15/03/2024:

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce it boosted its position on the latest podcast industry rankers and has captured significant US market share.

Audioboom climbed to 4th position on the February 2024 Triton Digital podcast ranker for the US - the world's largest podcast market. The ranker - based on unique audience - saw the Company overtake radio giant Audacy to become the fourth largest podcast publisher operating in the country.

Audioboom continues to grow its market share at speed in the US. Triton's weekly download ranker shows that the Company's market share expanded by 15% over the past year, with the Audioboom Creator Network now responsible for 9% of downloads in the ranker (up from 7.8% in February 2023).

06/03/2024:

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce the extension of partnerships with top-tier podcasts The Tim Dillon Show, Crime Weekly, True Crime Obsessed, Real Ghost Stories and I Think Not.

The five shows are a key part of the Audioboom Creator Network, contributing more than 90 million downloads to the network during 2023.

16/02/2024:

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce it achieved record audience reach in January 2024 through the continued growth of its podcast network.

In January, podcasts on the Audioboom Creator Network were downloaded by more than 38.6 million unique listeners worldwide, a new monthly record and more than 9% up on Q4 2023's monthly average (34.4 million).

19/01/2024:

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce a record number of Top 100 podcasts in the latest Triton Digital industry ranker.

The company published 14 of the Top 100 shows in the US in December 2023.

Matt and Shane's Secret Podcast , which joined the Audioboom Creator Network in Q4 2023, was a new entry on the ranker at 22.

Casefile , The Tim Dillon Show, Two Hot Takes, True Crime Obsessed and The Broski Report also appeared in the podcast ranker based on audience size.

[z1co] 12/4/2024 21:17

Started a new thread this evening which will be moderated.

In the last 30 minutes 23,000 shares were bought including a 12,000 buy @ £3.0325.

More importantly share price stayed above £3.