Audioboom ups profit guidance for third time in two months Audioboom has upgraded profit guidance for the third time in less than two months, as the podcast platform's advertising sales continue to surpass expectations.
It boasts average global revenue per 1,000 downloads – a key performance metric - of $75.60, up 38 per cent on $54.75 in November last year, 'as pricing and demand levels across the platform continue to grow'.
Showcase revenues in November were up 53 per cent on the same time last year, with advertiser customer numbers up 65 per cent to 10,165.
Audioboom has upgraded profit guidance three times since 15 October as its Showcase business continues to power performance.
The AIM-listed group, which hosts the popular F1: Beyond The Grid podcast - and is also home to our This is Money podcast, told shareholders on Wednesday it had continued to trade ahead of expectations in the fourth quarter.
