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Audioboom Group plc ("Audioboom", the "Group" or the "Company")
Q1 Trading Update
11% revenue growth, continued Ebitda profitability and record Q1 eCPM and brand count
Audioboom (Aim: Boom), the leading global podcast company, is delighted to provide a trading update for the quarter ended 31 March 2024.
Financial and operating highlights Q1 revenue of US$17.1 million, up 11% on Q1 2023 (US$15.4 million). The positive momentum of Q4 2023 has continued with the second successive quarter of year-on-year revenue growth Revenue growth has accelerated in this period (Q4 2023: 5% up on Q4 2022) and the Company expects further acceleration in revenue growth rate through upcoming quarters March revenue of US$6.7 million represented the highest revenue month for the Company since May 2022 Q1 adjusted EBITDA1 profit of US$0.1 million (Q1 2023: US$0.2 million), representing the second successive quarter of adjusted Ebitda profitability. With Q...
Audioboom Group plc ("Audioboom", the "Group" or the "Company")
Q1 Trading Update
11% revenue growth, continued Ebitda profitability and record Q1 eCPM and brand count
Audioboom (Aim: Boom), the leading global podcast company, is delighted to provide a trading update for the quarter ended 31 March 2024.
Financial and operating highlights Q1 revenue of US$17.1 million, up 11% on Q1 2023 (US$15.4 million). The positive momentum of Q4 2023 has continued with the second successive quarter of year-on-year revenue growth Revenue growth has accelerated in this period (Q4 2023: 5% up on Q4 2022) and the Company expects further acceleration in revenue growth rate through upcoming quarters March revenue of US$6.7 million represented the highest revenue month for the Company since May 2022 Q1 adjusted EBITDA1 profit of US$0.1 million (Q1 2023: US$0.2 million), representing the second successive quarter of adjusted Ebitda profitability. With Q...
- 4/15/2024
- Podnews.net
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