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Audioboom ( (GB:BOOM) ) has shared an announcement.
Audioboom announced a successful 2024 with a 13% increase in revenue to approximately $73.4 million and an adjusted EBITDA profit of $3.4 million, outperforming market expectations. The company’s growth is driven by its Showcase platform, which significantly increased its revenue contribution, and strategic partnerships with Triton Digital and Voxnest. Audioboom also expanded its creator network, renewing key partnerships and forming new ones, which is expected to further enhance its market position in 2025.
More about Audioboom
Audioboom is a global leader in podcasting, with shows downloaded 100 million times monthly by 38 million listeners worldwide. Ranked as the fourth-largest podcast publisher in the US, Audioboom provides a scalable content business offering commercial, distribution, marketing, and production services. It operates internationally, distributing content on platforms like Apple Podcasts, YouTube, Spotify, and more.
YTD Price Performance: -2.44%
Average Trading Volume: 121,072
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £66.19M
For a thorough assessment of BOOM stock, go to TipRanks’ Stock Analysis page.
