Member Info for Boombangabang

Sorry for typos.

With you.

I’m either you on this Bearhunt3r. They continue to distract from the excellent financial and business results of the company. KThe management have given confirmation of FY24 forecast. More top notch shows have been gained or re contracted. Showcase is a gold mine which has increased its margins and revenue substation over the past two years. Chairman continues to buy.

11percent wipe off AIM share values ahead of budget expectations of changes in IHT and CGT rules.

Tobin buying must send a shiver down their spines. But actually these guys don’t have a back bone. They can connive to misinterpret the published financials. But consistent purchases buy a director destroy their reputation.

Excellent by Michael Tobin in his continued investment. The consistent share purchases are the strongest indicator of his faith and belief in Audiboom. Bearhunt3r has posted summaries of Q3 results which give the facts of how strong Audioboom’s performance is.

I understand that the Veritone value represents 1.5 x annual revenue.

So AB minimum £6 based on FY24 revenue. That’s for a starter.

That’s a great find WWK. Stuart suggested at the beginning of the year that M&A activity would show signs of life again at the end of this year.

This is very pertinent to Audioboom and the podcast sector.

Bearhunt3r as already advised I have lodged a notice of complaint on the FCA webpage. This was last week.

Useless information on SFO phone number. Contact FCA on their webform which I did a week ago.

Or phone 08001116768

Must be the clearest indication that the shares are a buy. Chairman continues to invest.

You’ve got to be joking NorrisCole. There’s be so much discussion here on the business of Audioboom and well informed analysis. Management have released Q3 results which were record breaking and they’ve given very robust confirmation of FY24 forecast and 2025.

Your research posted here beggars believe.

What a spot Bearhunt3r that he can get posts deleted. I didn’t know it’s was possible. So far there’s been 50k shares traded of which 40k are buys. Price drifts down 5p. This doesn’t reflect proper market conditions. Wait to see what has happened with late reported trades after hours.

This sort of trading just can’t be allowed to continue.

Many of the trades for buys and sells look to be computer generated as they are with seconds and they don’t look like roll overs. Is this possible as I don’t believe a PI could execute trades in such repetition.

They’re like punch drunk fighters Bh3r. In their nature to keep coming back for more. The harder you hit they just double down on it. That’s what they believe to be the only way out. But for sure they know they’re on their back foot. They haven’t got a scintilla of morality.

Really good post Rifkin. The exposure of lor-9 bookmark 175p shows what a shower this cohort is.

Let’s be clear. If the “club” you’re in is full of those who are anti you then you leave. AIM is a dysfunctional club and Boom should no longer be associated with it. There are other more balanced thinking clubs around.

The market has given a clear indication that it's dominated by day traders. This can’t continue for major shareholders who want to realise the true valuation.

Obscure analysis and comments abound by those who wish to demean the performance of the compnany in Q3 and going forward into Q4

Further news release :

Sharecast News) - Podcast company Audioboom said on Tuesday that revenues had surged to record levels in Q3, leading the group to hike FY adjusted underlying earnings guidance.

Audioboom said Q3 revenues were up 34% at $18.8m, while total revenue for the nine months ended 30 September came to $52.9m, with September representing the group's second-highest monthly revenue ever.

The AIM-listed group also reported a record Q3 adjusted EBITDA profit of $1.0m, representing the fourth successive quarter of adjusted EBITDA profitability, driven by the growth in its highest gross margin revenue line. Total year-to-date adjusted EBITDA profits came to $1.3, a $3.0m swing from last year's $1.7m EBITDA loss.

Audioboom also raised FY EBITDA expectations from previous guidance of $1.3m to $2.5m.

Chief executive Stuart Last said: " I am delighted with Audioboom's performance in Q3 2024, headlined by strong revenue and adjusted EBITDA growth, and underpinned by a robust business model. With our seasonally strongest quarter ahead, we are set to significantly outperform market expectations for adjusted EBITDA.

"The final quarter is always an exciting time for the business, buoyed by strong advertising demand around sports seasons and the holidays. This year the US election will boost that demand further - our politics and news programming slates have seen their audiences grow by more than 34% during the early part of presidential campaigning, and this growth has quickly translated to revenue opportunity."

Not surprising there are diametrically opposing views this morning. Yes the results are major news in the Q3 update. To characterise the performance as a non event is absurd. The figures are plain to see. Revenue up and profitability is up. More than sufficient liquidity. If market sentiment and comments are negative then is obvious Audioboom can do little else but ignore the UK AIM small mindedness. Time to move on as longterm shareholders will not accept the situation.

Management have done a brilliant job and they and shareholders need to get a realistic value.

We shall see what Stuart has to say in the presentation this afternoon. It’s time to address the M&A and corporate issues face on without delay.

Totally agree with that Bearhunt3r. If price doesn’t strongly react upwards there’s zero reason to be on AIM.