Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
BDFIX - totally agree with you and hence why i have a large position in comparing to my PF. This is a long term hold for me. Also a couple have mentioned the loss accured for boom but its good to look at the big picture and its not a great worry at the moment given Audioboom are still in the early stages of growing their business. The loss as below is explained in yesterday’s update.
‘ The total loss before tax for the year was US$0.4 million versus the prior year US$1.7 million profit, mainly due to the higher non-cash share-based payment charge of US$4.4 million related to the awarding of share options during the year. The total comprehensive loss of US$3.0 million (2021: US$7.0 million profit) included a charge of US$0.3 million in relation to the partial unwinding of the deferred tax asset recognised in 2021, which materially inflated the total comprehensive profit in 2021 and can be utilised to offset tax arising on future taxable profits.’
You sound like a kid who has lost a but in boom. Its all about the entry and exit here. It was 370/380 a few weeks ago. What’s your point. Stock will continue to go up and down - thats what happens. This company is at a stage where it needs to cement itself into a solid company making revs and profits. How much have you lost in this? Look like you bought in at 1000? Spill the beans.
Risk vs reward and all that but think this price is decent and only 85 mill mcap for me this is a strong hold to see what could happen. This is AIM so anything can either way :). I have a considerable amount in this and hope to be in for a while.
I took it as £50 million rev booked already and we have 9 months to go to add to it which makes it possible to achieve decent revs again and maybe surpass 2022.
23rd Jan RNS stated ‘ The Company has contracted revenue of more than US$44.0 million for 2023 through advance advertising bookings’ for 12 months ended 31 December 2022. So that tells me another 5-6 million added in the last 2 months for revs. So looks like AudioBoom are on track for 70-80 mill again. Hoping for more myself.
I have started listening to some podcast’s on my drive after investing and it does make my hour’s commute feel alot shorter. Try it. Not surprised the podcast market is growing fast.
I won’t list list of them but Audioboom has stated in 2nd place and and Monthly Downloads figure is 1,077,501. Only other time it went over Million was in Oct 2022.
AudioBoom had Monthly Listeners of 381,780, surpassing what was the highest by 40,000.
I don’t think its a coincidence that the figures continually keep getting better. Ultimate’s attracting listeners is of great importance and turning that into revenue and profit. Looking forward to Q1 trading update next month.
For clarity.
Figures released for Feb 2023 and Audioboom stayed in 6th Place on Triton for USA for weekly average download. Weekly Average Downloads – 18,151,677
Weekly Average users, Audioboom has stayed in 5th with 5,660,065
In comparison – Weekly Average Downloads and Monthly Average Users respectively as below
Feb 2023 - 18,151,677 5,660,065
Jan 2023 - 16,818,169 5,631,316
Dec 2022 – 14,850,399 5,025,137
Nov 2022 – 14,692,347 5,151,126
Oct 2022 - 16,449,610 5,335,826
Sep 2022 – 15,837,579 5,306,757
Aug 2022 - 14,968,861 5,113,237
Jul 2022 – 14,439,665 4,545,829
Jun 2022 – 15,365,704 5,207,032
May 2022 – 21,100,118 6,719,376
Showing excellent figures and hitting all time high's if you take out May 2022 :). Certainly heading in the right direction.
Lets give this another go when I’m not nodding off. Apologise for my previous couple posts not making sense.
Audioboom has moves to 2nd place with on Triton for New Zealand. Showing Monthly Listeners making a new high of 382k which is approx 40k more than it previously had in the last 18 months or so.
Monthly downloads nearly 1.1 million. Only other time it hit over a million was in Oct 2022 for the previous 18 months.
The company is going in the right direction and the downloads and listeners seem to be increasing every month which again is an excellent sign. For me this is a hold and forget about it. The podcast market is due to increase with CAGR 31.5%. Market Value in 2022 of $13.70 Billion and estimated to be worth $149.34 Billion in 2030. If AudioBoom keeps on making the right moves who knows how well it could do. Risk vs reward is decent from here.
RE: Triton Australian Ramking Published for Feb 2023Today 22:24
Audioboom has moves to 2nd place with on Triton for New Zealand. Showing download and Monthly downloads and listers L Post
Risk vs reward down here is good weather you’re a trader after a small % gain or long term investor. Revenues set to increase over the coming few months and years and confident they will be making progress into making the business profitable.
Okay thanks for you first comment. Have you not looked at the financials. They have turned it around. Its the shenanigans that have messed the sp up for now. Buy aslong as they keep doing what they are, it will keep turning around.
Thing is with aim is that pi’s get fed up when a board does the release any news and find other opportunities. Done it myself in the past. Ridiculously that they cant release any progression updates.
They certainly do. By the time this board release a meaningful news, they’ll need another placing. Things are so slow with them.