Audioboom Share Discussion Threads

[mrsqueezy] 26/7/2024 14:20

Large clips being bought in quick succession. The smart money has been loading up on that shameful drop IMO.

[mrsqueezy] 25/7/2024 16:01

someone or an entity has been hoovering up all the sells for weeks without moving the share price Always keep an eye out for the delayed buys. GLA

[wooty01] 25/7/2024 15:35

For the past week, every closing price has been established with a higher than mid price. All the efforts of MM so that the next morning's quotes can start with a red!

[parob] 24/7/2024 09:15

Audioboom mulls US listing citing being "undervalued" as loss narrowshTTps://www.morningstar.co.uk/uk/news/AN_1721737496657679800/audioboom-mulls-us-listing-citing-being-undervalued-as-loss-narrows.aspx

[parob] 24/7/2024 07:10

Tobin still buying. Over 5%.

[parob] 23/7/2024 15:05

Solid presentation. Looks like they're expecting strong revenue and Ebidta growth in H2. Very happy to keep holding. Recommend having a listen. It's been recorded.

[parob] 23/7/2024 10:41

Worth a read of this thread by Stuart Last:hTTps://x.com/stuartlast/status/1815698171726578068?s=46&t=_ybVnpe01AP_F1Pw0JqKTg

[babbler] 23/7/2024 09:42

Adjusted EBITDA(1) profit of US$0.3 million (H1 2023: US$0.3 million) - Q2 represented the third successive quarter of positive adjusted EBITDAConsidering how much more they say they are doing / have download wise and ad wise ... Not much of an improvement there imo.

[sogamla] 23/7/2024 09:20

I don't see £35m is a lofty valuation for one of the best podcasting businesses in the world with $65m of revenues already booked in.

[hamidahamida] 23/7/2024 09:10

Remember an in-line isn't good enough in the current market to support lofty valuations when Sp rise from lows was based on pumping of significantly above market expectations narrative

[sogamla] 23/7/2024 09:08

They are making money after a poor advertising market. They are on the turn. How many companies are valued at £35m that make profit? This is just the start of the turnaround.

[hamidahamida] 23/7/2024 09:03

Mcap is over 40 million compare this to tiny profits you'll see why shares are down Q4 2023 was the highest grossing qtrand management was raving Q1 2024 revenue went down management subdued not raving anymore Numbers tell a story intermittent growth doesn't support lofty valuations like I said revisiting lows is on the cards for me

[parob] 23/7/2024 08:46

You sound like a stuck record. You must have said the same thing half a dozen times over the last 6 months.

[hamidahamida] 23/7/2024 08:36

Final flush could also mean share price testing lows again

[parob] 23/7/2024 08:25

Hopefully final flush out of sellers today before investors start buying in ahead of corporate activity.Bought most of my shares around Nov 2023 and happy to remain patient and wait for value to be realised. Pretty high chance we wake up one morning to a US listing or takeover RNS imo.

[ozzywalker] 23/7/2024 07:42

Well received as always

[buggy] 23/7/2024 07:19

If you are looking at the here and now you may miss the clear indications that this is a very good results. I expect the share to be up by close of today.

Back on the upward curve after ad recession last year.
IOS17 issue impacted all podcasters so number down across the board.
Booked revenue already over total Full year number last year with 5 months still to go, especially the Q£ which is the strongest quarter for ad revenue.
Impact of the two new senior management hires in going after brands still in very early stage. [Brand advertising revenue is more stable and higher revenue than the revenue derived from general podcasting.]

I see us primed for a very good year and maybe an opportunity to buy m9ore shares from those that did not take the time to analyse the results.

[mrsqueezy] 23/7/2024 07:06

Buys going through at 240 on the sell price. Shorts escaping??? Could be a good volume day.

[mrsqueezy] 23/7/2024 06:41

Yes. Was mentioned in a presentation before in answers to the Q&A. Let us see what today brings with the presentation. Some interesting questions may be asked.

[parob] 23/7/2024 06:35

I'm pretty sure (correct me if I'm wrong) this is the first time a potential US listing has actually been mentioned in a RNS so they must be taking it seriously in order to improve the valuation. Investor meet later.

[mrsqueezy] 23/7/2024 06:32

Many times. It is old news now and ABs tech has minimised any significant impact. Considering it has impacted ALL podcast platforms it has "re based" the numbers. "We expect the impact of the iOS17 update to create more favourable long-term commercial conditions in the podcast industry due to the increased levels of return-on-investment that more accurate download data will deliver to advertisers · The Company has in excess of US$65 million revenue for 2024 booked - more than total revenue for 2023 with more than five months of the year remaining"Roll on Us listing.

[parob] 23/7/2024 06:31

Would be good to see EBIT improvement in H2.Cash up a bit and $65M booked for the year already with 5 months to go.This is the potential valuation increase driver:The Board continues to examine opportunities to maximise shareholder value including, amongst other initiatives, transactional opportunities and the option of Audioboom also being publicly listed in the US

[mortal1ty] 23/7/2024 06:20

The amount of spin that this company puts into it's statements is cringe. Putting pathetic growth numbers in bold lol.

But also.. 42 employees and a 40 million valuation. Looks odd there. These people must be adding seriously value... Oh wait... Business can't make a profit cause it's margins are so low.

[davemac3] 23/7/2024 06:11

Was the Apple update discussed on here?