Company
Audioboom Group PLC
LON:BOOM
Audioboom is a global leader in podcasting – its shows are downloaded more than 190 million times each month by 58 million unique listeners around the world. The company is ranked as the the fifth largest podcast publisher in the US by Edison Research. Audioboom’s ad-tech and monetisation platform underpins a scalable content business that provides commercial services for a premium network of 250 top tier podcasts, with key partners including ‘True Crime Obsessed’ (US), ‘The Tim Dillon Show’ (US), ‘No Such Thing As A Fish’ (UK), and ‘The Cycling Podcast’ (UK).
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Audioboom reports lower Q3 revenue and profit as global economic headwinds hit advertising demand
The podcast company said advertising demand is now rebounding and that it is confident of a "positive end to the year"
Audioboom posts record revenue but warns economic downturn could hit advertising market
The company has seen a softening in advertising demand in the third quarter due to lower consumer spending
Audioboom drops again as Spotify targets podcasts and audiobooks
Spotify said it would expand its audiobooks and “other verticals”
Audioboom doubles full-year revenue, gives positive outlook for 2022
Performance was boosted by an increase in monthly downloads, with October of 2021 reaching a record 115.7mln downloads
Audioboom announces record revenue and profit in first quarter
Audioboom is the fourth-largest podcast publisher in the US, according to Triton Digital
Audioboom shares balloon following Spotify and Amazon takeover reports
Prospective bid will be a significant mark-up of Friday's closing price of £17.50, sources told Sky News
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Audioboom bid looks like a bust
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Gear4music drums up good results thanks to lockdown demand
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AudioBoom hits the right notes with upgraded forecasts
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Audioboom’s tempo slows in second half
Full-year revenue was 91% higher than 2018, but the first half recorded 171% growth
Audioboom trumpets key podcast renewals as revenues surge
In the first half of the year, Audioboom reported a 171% revenue rise but continued underlying losses
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FTSE 100 finishes higher on Friday as US jobs report brightens the mood
The UK's premier share index closed up 77.74 points at 7,155.38 on the day, but on the week as a whole dropped around 3.65%
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US jobs data could see Trump blow his nut
"Trump is unlikely to be happy on Friday even if the US NFP data beats the expectations"
Audioboom strikes good note as podcasting drives half-year revenue surge
Revenues for the six months soared 171%, boosted by a 63% increase in advertisers on the group's podcast network
Investments and investor services
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The UK's blue-chip benchmark index closed out around 42 points lower at 7,493
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Easyjet profit warning and Royal Mail's turnaround update eyed
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easyJet tipped to warn on profits amid challenging short-haul airlines market
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Audioboom strikes right note as it posts record first-quarter revenue
The podcast platform says more and more people are listening to podcasts in their cars or on their way to work, which is making it attractive to advertisers
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Mirror and Express newspapers owner Reach rises after increase in adjusted profits
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Audioboom surges after banging trading update
The year started badly with the group unable to raise the cash to finance the acquisition of Triton but it ended with a bang
Audioboom issues ‘in line’ trading update as listener base grows for original content network
The group said trading had continued in line with an update in October when losses were expected to be higher amid a botched takeover of Triton Digital earlier in the year
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Small cap movers: Audioboom shares flop as botched takeover makes for painful listening
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New London IPOs Aston Martin and Funding Circle are still struggling
Some of the main risers and fallers in London on Thursday ...
Audioboom blames botched Triton acquisition as it warns full-year loss will be higher than expected
“The abortive Triton Digital transaction earlier this year led to the company losing some key content which has adversely impacted EBITDA performance versus the company's and market expectations”
Audioboom inks sales agreements in Canada, Australia, New Zealand and UK
It has signed up with the Podcast Exchange in Canada, Placard Media in Australia and New Zealand and with programmatic specialist DAX here in the UK
Yolo Leisure and Tech shares edge lower as investments fall in value in first half
In the six months ended March 31, Yolo recorded an unrealised loss on the remeasurement of its investments of £26,600, versus a gain of £178,100 in the first half of last year
Audioboom to be subsumed into Triton Digital in reverse takeover
Neal Schore and Mark Rosenbaum, respectively the president & chief executive officer and the executive vice president & chief financial officer of Triton, will take on the same roles at the merged group
Blockchain Worldwide readies itself for the ‘new internet’ with name change
Blockchain Worldwide has changed its name and chief executive Rodger Sargent says the switch is all about the potential for the electronic ledger technology, blockchain.
One Media IP leaps as former BBC boss Michael Grade invests in the music rights holder
A look at some of the biggest risers and fallers on Monday in London
Audioboom share issue set to provide £4mln cash infusion
The shares issued as part of the placing are being sold for 2.5p each, a modest discount to last night’s closing price.
Ascent on the rise ahead of well test tomorrow
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Proactive news-round up: Sphere Medical, Audioboom, Sunrise Respources ...
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Investments and investor services
Risers & Fallers: Benchmark, Blenheim Natural Resources, CloudCall, Esure, On the Beach, RBS
Cloudcall and Benchmark rise after issuing shares at a premium while Blenheim advances after subscribing for shares in some other company's placing
Chinese fund mulls pumping money into Audioboom
The share subscription would be conditional on CEO Rob Proctor taking a loan of around US$500k from the fund and using the money to buy Audioboom shares
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