Audioboom proclaims higher revenue and earnings jump for year

(Alliance News) - Audioboom Group PLC shares were in the red on Thursday, despite the firm expecting to report "record" quarterly revenue and annual adjusted earnings ahead of market forecasts.

The London-based podcast producer said that for 2025, it expects to report "record" revenue of around USD80.4 million, up 10% from USD73.4 million in 2024.

Audioboom also said adjusted earnings before interest, tax, depreciation and amortisation increased 54% to approximately USD5.1 million, surpassing market expectations, from USD3.4 million.

Total gross profit increased 18% to approximately USD17.0 million from USD14.4 million, "representing the company's continued focus on higher quality revenue".

For the fourth quarter, revenue reached a "record" of approximately USD24.9 million, while adjusted Ebitda reached its own record of about USD2.2 million. Average monthly distribution climbed 66% to 150 million downloads and video views from 91 million views the prior year.

Cash totalled USD4.2 million at the year's end, up from USD3.9 million 12 months previously.

Audioboom said that its strategic review, announced in early October, remains ongoing. It anticipates releasing an update on the day of, or before, the publication of its 2025 results in April.

Calling the annual performance "very pleasing", Chief Executive Officer Stuart Last added: "I am excited about 2026. We will have record inventory levels, new international opportunities, and a continued focus on growing our platform model."

Despite the results, shares in Audioboom were down 5.3% at 719.78 pence each on Thursday afternoon in London.

By Emma Curzon, Alliance News reporter

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