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UK's Audioboom 2025 revenue rises 10%, adjusted EBITDA up 54%

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

MetricBeat/MissActualConsensus 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 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (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.)

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