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 FY adjusted EBITDA expected to have 'significantly increased'

By Iain Gilbert

Date: Thursday 16 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Podcast company Audioboom said on Thursday that it had continued to experience "strong momentum" into the fourth quarter of 2021, with the group now expecting to generate "significantly increased" adjusted underlying earnings and "marginally improved" revenues.
Audioboom stated its performance had been driven by further development of its technology platform, and a continued focus on its content expansion plan, with key drivers of during the fourth quarter being high advertiser demand for premium content, strong audience growth globally, and, following the launch of its SHOWCASE in November, increased revenue from ad tech.

The AIM-listed group expects to provide a full 2021 year-end trading update on 19 January, ahead of its audited results for the year in March 2022.

Chief executive Stuart Last said: "We launched SHOWCASE just six weeks ago and it is already having a positive impact on our business; we look forward to building on this initial success to grow it into a meaningful revenue stream for Audioboom.

"We are also seeing a continuation of rapid growth in podcast listening across the network in the fourth quarter, plus high advertiser demand for our premium content. We are delivering a strong end to an already transformative year for Audioboom in which market expectations have been upgraded six times."

As of 1035 GMT, Audioboom shares were up 2.79% at 1,105.0p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

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
8.7% below the sector average8.7% below the sector average8.7% below the sector average8.7% below the sector average8.7% 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

Top of Page