Audioboom Group (BOOM)

Sector:

Media

Index:

FTSE AIM All-Share

207.50p
   
  • Change Today:
    -10.00p
  • 52 Week High: 325.00p
  • 52 Week Low: 132.50p
  • Currency: UK Pounds
  • Shares Issued: 16.38m
  • Volume: 163,974
  • Market Cap: £33.98m

Audioboom H1 losses narrowed on record interim revenues

By Iain Gilbert

Date: Tuesday 20 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Podcast company Audioboom significantly said on Tuesday that it had reduced first-half losses after successfully bringing in record interim revenues.
Audioboom first-half revenues were up 93% at $22.8m, with year-on-year growth outpacing the predicted wider annual industry average growth by 55%, leading to a significantly reduced interim group loss of $460,000 ($1.2m in H1 2020).

Average global revenue per 1,000 downloads increased to $50.73 in the second quarter, up 92% year-on-year, while the firm's average second-quarter brand advertiser count rose 27% to 326.

Audioboom also saw average second-quarter global monthly downloads increase 25% to 92.1m.

Chief executive Stuart Last said: "After a breakthrough first quarter of 2021 in which the company reported a maiden adjusted EBITDA profit, the story of the second quarter is of accelerated revenue and EBITDA growth as our content-focused expansion strategy delivered increased value to the business.

"The financial progress Audioboom has made will enable us to further invest in key areas of the business as we move into the second half of 2021. Expansion of our podcast production operation and the development of new advertising technologies are priorities, and we anticipate that both will deliver further growth opportunities for the remainder of this year and beyond."

As of 1050 BST, Audioboom shares were up 0.85% at 948.0p.

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Audioboom Group Market Data

Currency UK Pounds
Share Price 207.50p
Change Today -10.00p
% Change -4.60 %
52 Week High 325.00p
52 Week Low 132.50p
Volume 163,974
Shares Issued 16.38m
Market Cap £33.98m

Audioboom Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.23% below the market average83.23% below the market average83.23% below the market average83.23% below the market average83.23% below the market average
69.57% below the sector average69.57% below the sector average69.57% below the sector average69.57% below the sector average69.57% below the sector average
Price Trend
19.47% below the market average19.47% below the market average19.47% below the market average19.47% below the market average19.47% below the market average
4.35% below the sector average4.35% below the sector average4.35% below the sector average4.35% below the sector average4.35% below the sector average
Income Not Available
Growth
13.62% below the market average13.62% below the market average13.62% below the market average13.62% below the market average13.62% below the market average
4.76% above the sector average4.76% above the sector average4.76% above the sector average4.76% above the sector average4.76% above the sector average

Audioboom Group Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:28 250 @ 208.45p
14:26 50,000 @ 207.50p
16:26 5,601 @ 209.50p
16:08 4,258 @ 205.25p
15:51 750 @ 205.00p

Audioboom Group Key Personnel

CFO Brad Clarke
CEO Stuart Last

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