16 October 2024 - trading update

The global podcast group has issued a very positive trading update covering the quarter to 30 September and this has revealed record Q3 revenue of $18.8m up 34% on the $14.0m reported in the same period last year.  This has taken revenues for the year to date to $52.9m, a 15% increase on the $45.8m reported last year. Q3 adjusted EBITDA was a record $1.0m, the fourth successive quarter of positive EBITDA and the target for the full year has been raised to $2.5m from previous expectations of $1 . . .

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