Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Audioboom Group PLC - Jersey-based podcast publisher - Confirms that Showcase revenue has risen as anticipated, surging 49% higher year-on-year in October. Showcase is the group’s global advertising technology-based marketplace. The group therefore now expects to report adjusted earnings before interest, tax, depreciation and amortisation profit of $2.8 million for 2024, ahead of a company-compiled market consensus of $2.5 million and ahead of the company’s own $1.0 million forecast in mid-October. This compares to an adjusted Ebitda loss of $396,000 in 2023.
Current stock price: 226.25 pence, up 5.2% in London on Friday morning
12-month change: up 4.0%
Copyright 2024 Alliance News Ltd. All Rights Reserved