Audioboom posts positive results for Q1 2022
Earlier today, Audioboom released its Q1 2022 results to the stock market, which showed continuing growth for the company.
Highlights from the results include:
- $19.7m revenue
- 107% annual growth
- $0.9m EBITDA profit
- $60.5m of ad revenue booked for the year
- Downloads reached 131M per month in March
Stuart Last, CEO of Audioboom, commented: “I am delighted to report that our fast growth has continued into 2022, further increasing our market share, deepening our work with our creators, expanding our options for advertisers, and achieving success for our original programming.