11 December 2024 - trading update

The global podcast group has issued another trading update following that of last month as trading has continued to beat expectations.  Last month, the company upgraded its forecast for adjusted EBITDA for the year ending on 31 December to $2.8m from $2.5m previously.  Further strong trading in Q4 has meant that the company has upgraded this forecast once again with it now expecting $3.1m for the year.  The increase has been caused by strong revenue growth at Showcase, its scalable, high margin, tech based advertising marketplace.  Revenue here for November was 53 . . .

This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.

Already a member, log in HERE.

Tagged: