Overview
UK podcast platform reported 2025 revenue up 10% yr/yr, adjusted EBITDA up 54%
Gross profit for 2025 rose 17% yr/yr, reflecting focus on higher quality revenue
Company completed Adelicious acquisition, expanding UK footprint and accelerating growth
Outlook
Audioboom expects 2026 to be another record year, citing strong Q1 performance
Company says new partnerships with Spotify and Apple will support video monetisation growth
Audioboom expects operational gearing and end of onerous contracts to boost cash generation
Result Drivers
SHOWCASE GROWTH - Showcase, the company's higher-margin, tech-based ad marketplace, saw revenue rise 31% and contributed a greater share of group revenue
ADELlCIOUS ACQUISITION - Acquisition and integration of Adelicious expanded UK operations, adding downloads and revenue
VIDEO PODCASTING - Growth in video podcasting increased distribution but lowered average RPM (revenue per 1,000 downloads) due to platform limitations and nascent monetisation
Company press release: ID:nRSP6497Aa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$22.5 mln
Analyst Coverage
The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 36 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)