Member Info for TheBigShow

Fourth

Https://www.insideradio.com/free/iab-podcast-ad-spend-accelerates-fueling-digital-audio-s-7-6-billion-year/article_5c1769e5-177f-4223-b266-83b000c7e07a.html

Https://uk.themedialeader.com/media-budgets-on-a-decline-amid-tariff-uncertainty/?utm_source=podnews.net&utm_medium=email&utm_campaign=podnews.net:2025-04-17

Https://www.ft.com/content/9f98dbfc-4643-4a45-a8d3-9f7863601957

Https://www.nytimes.com/2025/04/16/business/media/tariffs-economy-recession-advertisers.html

Still crying when said this would happen 😂

All my haters have suddenly gone quiet

I think £10 billion at £100 per share should do it

Another 1,840 for Tobin - more to come

If Candy or Tobin or any institution came and bought £0.5m - £1m of the shares who and why would anyone complain? SP would absolutely rocket

Probably too small to make a difference - there's around 1.7m options that can still be exercised.

2023 average option was £5.50 then in 2024 they cancelled loads at £15.55 and re-issued new ones at £2.40 (too cheap IMO), not sure what the new average is but that's 10% of the stock outstanding. Hope they don't hand out cheap shares again in 2025

Need Candy to copy Tobin and mop up the free float - don't know why people are so against share buy backs - company is already growing just at a realistic pace

When they had $5m cash in 2023 they announced the dividend policy that eventually got pulled - so maybe $5m is the magic number cash balance they are comfortable with and still have that huge overdraft as a safety net

Just saw Candy exercised some warrants - I do wonder why he has not been increasing his stake, small change for him?

Also anyone know if Candy/Bonnier caught case was put to bed?

Q1 revenue - this is not a negative it was already known last Q1 24 had not been impacted by IOS update. Given they already have $63m contracted this year it will equate to at least 10% growth in Q2-Q4. Would have been higher without current macro climate but luckily they have strong upfronts. If advertisers pull back, they can cut back payments to creators - won't be the same scenario as 2022/23 with the minimum guarantees

Cash : will start increasing by $1m per quarter and debt free, how many AIM stocks can say that? - Plenty of things they can do with the cash but I would actually like them to take on debt to grow

Higher quality revenue - they still have some legacy minimum guarantees holding back margin, but will increase in Q2-Q4. I think they will end up doing around 7-8% margin for the whole of 2025.

Downloads : again Q1 24 was not impacted by IOS update, if you follow the Triton rankings you would have seen downloads were going to be at this level

Pathway to $100m - they can get there organically by 2027/28 but everyone is waiting for that big bang moment. JV/New Tech product/acquisition/merger/new territories ?

All gone very quiet here

https://www.investormeetcompany.com/audioboom-group-plc/register-investor

If they can do $6m in 2025, $7-8m in 2026 , $9-10m in 2027 don't see why this can't be valued at $200m close to £10

Board won't sell for less than £15 so need some M&A activity for that

Shame AB/broker aren't better at selling themselves

Maybe they'll drop some news in the presentation

I've got a flight to catch this afternoon to 35 degrees so enjoy the usual shenanigans

SP dropped after Q3 and Q4 results then exploded weeks later so nothing new today

2024 - paid $5m to the onerous contracts and cash balance was flat so without those real earnings would have been $5m

2025 - $2.5m left on onerous contracts so should see at least $3m+ profit after tax

I did mention on my post on weekend that Boomabangabang cried about that Q1 24 still had to reflect IOS update so not that surprised by revenue flat, I predicted $0.5m-$1m earnings so $0.7m is decent

Broker keeping $4.5m earnings forecast for 2025 and added 2026 as $6.3m - I run the numbers myself as $6m this year and $7.5m next year so plenty of upside later this year - fill your boots now

As I keep saying the way they present figures/accounting is confusing for most people so didn't expect Q1 to get the pulses racing unless they had something special to pull out the bag. Tariffs will definitely hit advertising budgets but they have a lot of advance bookings and not really chasing low quality revenue so $80m should be feasible. US listing doesn't look on the cards

I still hold nearly 39,000 shares - others I believe have more. Need Tobin to start buying again to take this out of MM hands.

Broker has added a lot more detail on M&A in their quarterly update - so may see increased marketing attempt to sell this year

How do we participate in CLN?

Yeh so requisition group would have blocked him from raising

Aren’t there LSE rules how much you can raise in one year? Shishir mentioned he wanted to at the end of 2023 but was blocked

Wonder how they are getting away with this massive dilution then?