Member Info for Boombangabang

Zyldjian if you meant to type “wife” it’s hilarious. I hadn’t heard that malapropism before! Certainly it has to be more profit than “life” changing.

Not only is this share not for beerman it’s also impossible to make a meaningful profit unless you are very lucky and no one is lucky the majority of the time. You just get caught out!

The RNS will have Q126 and final FY25. Also an update on SR. So the date of the announcement will depend on all three elements being ready. Last year was 9th April so that’s why I said 10th at earliest up to 15th, all dependent on any leaks in the media and management’s reaction.

A very timely reminder Longt3rminvestor of all that is going on with AB. What is a very good indicator is no sales by institutional investors. Could this indicate that they are now insiders. Dowgate over the past months have sold bits a pieces and also bought but now no action when it might have been expected they would buy during this weaker market. The entire SR process has been handled professionally with a top notch team covering all angles.

I would say Q1 could be as early as 10th but no later than 15th April.

Q1 ad pricing and demand is strong. Fact.

Trading is currently being ruled by short term traders who have a level at which they will sell.

Long term holders such as Dowgate are steadfast in their investment.

A trade of 20750 at £5.40 transacted at 13:21 reported after hours. Didn’t affect the MM’s price or spread!

Re Libsyn. Excellent but no financials as private?

As you say there have been many shareholders who have held for over 10 years. It’s time for a significant change in the company. At the very least Audioboom needs to double in size in one move and get a listing other than London AIM. Obviously this would be best be done through a merger though acquisition and issue of shares is still a choice. Long term holders could then sell out a large portion of their shares. The enlarged entity would be must stronger in the podcast industry and be able to provide stability in its share price by weathering the activities of day traders.

Is a sale on the cards? I think everyone would like that but I just feel that valuation multiples are just not there at this moment.

AI company valuations have taken the gloss off the metrics.

Today’s price is pretty much what they paid last October.

Your points are accurate. It just shows how many investors have been playing this share. Many are very short term. Many longterm holders, Tobin and management are locked out from buying due to the SR process. A double whammy. The business has been doing extraordinarily well. But its shades of the start of the Ukraine war and sentiment may be moving to the possibility of advertising could be affected. Anyway, it’s a matter of riding out these potholes. I’m not in agreement in your comment about selling as you’ve picked out the absolute high price of £8.20 which isn’t a reasonable assumption.

Everyone balances their options. Those who refrain from in and out trading will make the largest profit and certainly less time in front of a screen!

Why do you think there’s been a pull back UAllmakeit up?

Quite right TBS things have changed massively for podcasts. For early investors in 2014 the investment into Audioboom was obviously a risk as it was the beginning of the journey. Much to be excited about. Audioboom engaged Russell Brand for 6 programmes. This turned out to be a double edged sword. He was controversial but listening figures rocketed. The other side was he was paid too much and dig deep into the cash of Audioboom. The increase in revenue and profitability has been phenomenal in 10 years. However there is a hard core of investors/traders who during this period did everything to scupper the existence of Audioboom. They’ve been proved wrong on the scalability which is now evident not only with Audioboom but also industry wide. The US stock market has turned a bit negative on valuations of a couple of years ago but consolidation continues and importantly partnerships. Audioboom have excellent management and a good long term investor base. The value of Audioboom will be much higher whether through an acquisition of another podcast company, a buyout or through partnerships and organic growth.

Good PR again found by TheBigShow

I agree TheBigShow. The trend has been in creating partnerships already and this should accelerate in 2026. I still believe that their is something even bigger that Audioboom are negotiating.

The market has changed, there have been no high-multiple acquisitions in the space since 2021. The Cavendish Note has a fair market value of 3.5x revenue which is circa £13. That is probably about right but could be higher if 2026 forecast has been upped. No release of a new note during SR. And if there is an interested buyer once the offer is public is could prompt other offers. That’s normal and could raise the offer price. That’s why advisers have been appointed.

It’s correct that AB is not an IUP studio. AB is creator business.

However it’s not correct that anyone can in practical and economic terms replicate large parts of BOOM’s model internally if they choose.

Anything and everything can be replicated I guess. But as far as AB’s business model is concerned:

a) it would cost a huge amount of money with a lot of investment risk,

b) it would take a significant amount of time, and

c) performance, profit and sustainability (which AB has achieved) is actually difficult to replicate

Growth opportunity must be the most critical in UK and Europe. That’s why Audioboom acquired Adelicious.

US market will be bullied by the big $ shows but after that it’s still lucrative.

Blood bath on Wall St again today

At £5.50 Audioboom market cap is exactly 1.5 x revenue. This matches the valuation metric applied to Adelicious on its acquisition. Does this indicate a merger with another company. Perhaps as management would not agree to a sale of Audioboom at this value.

There’s no certainty lor-9, just speculation.

Is that a buy of 5.8k at £5.49 going through at 9.05.