Audioboom Reports Strong Q3 Growth, EBITDA Up

Audioboom (GB:BOOM) has released an update.

Audioboom Group PLC reports a robust Q3 with a 34% increase in revenue to $18.8 million and a record EBITDA profit of $1.0 million, marking the company’s fourth consecutive quarter of profitability. The impressive growth is largely attributed to the success of their global advertising marketplace, Showcase, which nearly doubled its revenue compared to the same period last year. Audioboom’s positive performance positions the company to outperform market expectations for the year, especially with the anticipated advertising boost from the US election season.

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