15 November 2024 - trading update
The global podcast group has issued another trading update confirming that the strong trading at the group has continued into the fourth quarter, and, as a result, management have revised their forecast of adjusted EBITDA for the year as a whole to $2.8m from the recently upgraded figure of $2.5m. There has been strong revenue growth from Showcase, the group's higher margin advertising marketplace which saw an increase of 49% in October revenues compared with last year. This is clearly an excellent update and, as we reported in the newsletter yesterday, the . . .
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