Audioboom raises profits forcast for second time as adtech delivers

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Audioboom, a leading global podcast company, has raised its profit expectations for the full year, as the company’s tech-led advertising marketplace, Showcase, delivers more revenue. Audioboom adtech boosts revenue The company announced the upgrade in a trading update issued via the Regulatory News Service, RNS, of the London Stock Exchange. The podcast provider, which has […]

“Audioboom, a leading global podcast company, has raised its profit expectations for the full year, as the company’s tech-led advertising marketplace, Showcase, delivers more revenue. Audioboom adtech boosts revenue The company announced the upgrade in a trading update issued via the Regulatory News Service, RNS, of the London Stock Exchange. The podcast provider, which has […]”
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UK podcast operator Audioboom has surprised the market with better than expected revenues for 2024, with its Showcase adtech platform seeing significant growth. In a trading statement it reported revenue of approximately $73.4 million, up 13% on 2023 ($65m). Audioboom’s revenue growth is ahead of the IAB’s 2024 industry growth forecast It also said its annual adjusted […]

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