Audioboom Grp. Share Price (BOOM)

They have already booked US$7.4 million of future onerous contract losses in the 2023 accounts and reduced minimum guarantees by US$5 million on renewals, as long as no repeat of these then both adjusted and unadjusted profits will return

The total loss before tax for the year was US$16.8 million versus the prior year loss of US$0.4 million, mainly due to the US$7.4 million provision for the future estimated net loss of two onerous contracts and the US$5.1 million loss incurred on the two contracts in 2023.

Was an example. At-least remain balanced. The bottom line is the market dictates the value. Ask yourself why. The figures are mudane at the moment. I know you guys won’t like it and jump at me but thats the bottom line. You can’t say I am like zak who is a serial deramper. Look at my previous posts.

Good point wwkid. And to pluck a figure of £1m profit out of the air what on earth is they about.

With total clarity you have two posters who display the myopic view of AIM. Disregard to all the metrics used by all other stock exchanges to value companies. No wonder no company wants to be here. EBITDA is the internationally recognised measurement of profit. One off cost or income should not be the indicator to the business. Nothing is ever commented upon regarding revenue and market share. Any buyer will be looking at this trend. Any investor should also.

Why isn’t the cash balance -£20m then