Audioboom Group (BOOM) H2 2025 earnings summary

Executive summary

• Achieved record revenue of $80.4 million in 2025, up 10% year-over-year, with adjusted EBITDA up 54% to $5.1 million, exceeding market expectations.

• Gross profit rose 17% to $16.9 million, reflecting a focus on higher quality revenue and operational efficiency.

• Acquired Adelicious Limited, creating the UK's second largest podcast network and accelerating UK market presence by five years.

• Showcase, the tech-driven ad marketplace, delivered record revenue of $30.4 million, up 31% year-over-year.

• Established leadership in video podcasting, with 12 shows in YouTube's Top 100 and new partnerships with Spotify and Apple to enhance video monetisation.

Financial highlights

• Revenue: $80.4 million (+10% YoY); Gross profit: $16.9 million (+17% YoY); Adjusted EBITDA: $5.1 million (+54% YoY).

• Record Q4 revenue of $24.9 million and adjusted EBITDA of $2.2 million (9% margin).

• Net profit: $966,000 (2024: $919,000); Basic EPS: 5.6 cents; Diluted EPS: 5.2 cents.

• Cash at year-end: $4.2 million, with $3.4 million overdraft facility available.

• Gross margin improved to 22.4% (excl. onerous contracts), up from 21.5% in 2024.

Outlook and guidance

• Q1 2026 revenue up 30% YoY to $22.5 million; adjusted EBITDA up 118% to $1.4 million.

• New partnerships and content deals expected to add 20 million monthly downloads/views in 2026.

• Management expects adjusted EBITDA to closely proxy cash generation in 2026.