Audioboom
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 1.5m | 5.4m | 9.0m | 16.0m | 18.9m | 43.1m | 54.9m |
% growth | 466 % | 249 % | 69 % | 77 % | 18 % | 128 % | 27 % |
EBITDA | (3.7m) | (4.9m) | (9.2m) | (3.6m) | (2.5m) | 40.0m | 3.1m |
% EBITDA margin | (238 %) | (91 %) | (101 %) | (22 %) | (13 %) | 93 % | 6 % |
Profit | (3.6m) | (4.8m) | (9.1m) | (3.6m) | (2.5m) | 44.6m | 2.9m |
% profit margin | (232 %) | (90 %) | (100 %) | (22 %) | (13 %) | 103 % | 5 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
N/A | Acquisition | ||
N/A | $65.0k | Seed | |
$2.0m | Early VC | ||
Total Funding | €1.9m |
Recent News about Audioboom
EditAudioboom is a leading podcast platform that specializes in hosting, distributing, and monetizing audio content. The company serves a diverse range of clients including individual podcasters, media companies, and advertisers. Operating in the rapidly growing podcast market, Audioboom provides a comprehensive suite of services that enable content creators to reach a global audience and generate revenue through advertising and sponsorships. The business model is primarily based on a revenue-sharing arrangement where Audioboom takes a percentage of the advertising revenue generated from the podcasts hosted on its platform. Additionally, the company offers premium services such as advanced analytics, promotional support, and access to professional recording studios. Audioboom's recent financial performance highlights its strong growth trajectory, with a 171% increase in revenue to $9.8 million in the first half of 2019. This growth is driven by the expansion of its podcast production operations and the increasing popularity of celebrity-hosted shows. The company's strategic focus on high-quality content and effective monetization strategies makes it a key player in the podcasting industry.
Keywords: podcasting, audio content, hosting, distribution, monetization, advertising, sponsorships, analytics, recording studios, celebrity podcasts.