As its strong momentum has continued into Q4, Audioboom has announced that it now expects that it will generate adjusted EBITDA and revenue ahead of market expectations, and we upgrade our FY21 revenue by $0.5m or +1% to $59.0m, and upgrade our FY21 adjusted EBITDA by $0.5m or +24% to $2.5m. The upgrade has been driven by Audioboom continuing to capitalise upon strong advertiser demand for premium podcast content, strong growth in podcast audiences, and following the successful launch of SHOWCAS ....
16 Dec 2021
Audioboom Group - Strong Q4 momentum drives +24% FY21 EBITDA upgrade
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Audioboom Group - Strong Q4 momentum drives +24% FY21 EBITDA upgrade
Audioboom Group PLC (BOOM:LON) | 250 -25 (-3.8%) | Mkt Cap: 40.9m
- Published:
16 Dec 2021 -
Author:
Michael Hill -
Pages:
8
As its strong momentum has continued into Q4, Audioboom has announced that it now expects that it will generate adjusted EBITDA and revenue ahead of market expectations, and we upgrade our FY21 revenue by $0.5m or +1% to $59.0m, and upgrade our FY21 adjusted EBITDA by $0.5m or +24% to $2.5m. The upgrade has been driven by Audioboom continuing to capitalise upon strong advertiser demand for premium podcast content, strong growth in podcast audiences, and following the successful launch of SHOWCAS ....