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Audioboom ( (GB:BOOM) ) has provided an update.
Audioboom Group PLC has reported a significant financial performance for the first half of 2025, with a 500% increase in adjusted EBITDA and a 30% growth in gross profit. The company has also expanded its market presence by acquiring Adelicious Ltd, making it the second largest podcast network in the UK. This acquisition, along with the continued success of its Showcase advertising marketplace and new AI capabilities, positions Audioboom for further growth and strengthens its leadership in the podcast industry.
More about Audioboom
Audioboom is a global leader in podcasting, providing a scalable content business that offers commercial, distribution, marketing, and production services for a premium network of top-tier podcasts. It operates internationally with partnerships across North America, Europe, Asia, and Australia, distributing content via major platforms like Apple Podcasts, YouTube, Spotify, and more. Audioboom is ranked as the fifth largest podcast publisher in the US and is expanding its presence in the UK with the acquisition of Adelicious Ltd.
Average Trading Volume: 82,179
Technical Sentiment Signal: Sell
Current Market Cap: £47.67M
For a thorough assessment of BOOM stock, go to TipRanks’ Stock Analysis page.