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Audioboom ( (GB:BOOM) ) has issued an update.
Audioboom reported a significant increase in its Q1 2025 financial performance, with a 10X rise in adjusted EBITDA to $0.7 million and revenue growth to $17.3 million. The company attributes this success to a strategic focus on high-quality revenue generation and the growth of its Showcase advertising marketplace, which saw a 36% increase in revenue. Audioboom also launched a partnership with Sounder to enhance its AI capabilities, aiming to expand its work with global brands. The company remains confident in meeting its 2025 financial goals and expects minimal impact from recent US tariffs and UK national insurance changes.
More about Audioboom
Audioboom is a global leader in podcasting, providing commercial, distribution, marketing, and production services for a premium network of top-tier podcasts. The company is ranked as the fourth largest podcast publisher in the US and operates internationally with partnerships across North America, Europe, Asia, and Australia. Audioboom’s platform distributes content through major channels like Apple Podcasts, YouTube, Spotify, and more.
YTD Price Performance: 6.10%
Average Trading Volume: 138,448
Technical Sentiment Signal: Hold
Current Market Cap: £65.34M
For detailed information about BOOM stock, go to TipRanks’ Stock Analysis page.