Audioboom’s FY24 results and Q1 25 trading update show record quarterly RPM, brand advertiser count, gross profit, and adjusted EBITDA in Q4, and record Q1 RPM (revenue per thousand downloads) and brand advertiser count. After four successive upgrades to FY24 and FY25E adjusted EBITDA from $1.3m and $2.0m to $3.4m and $4.5m over October, November, December, and January, a confident outlook leads us to reiterate our FY25E forecasts, where FY25E revenue growth of +9% is supported by advertising bo ....
