21 April 2023 - trading update
The AIM-listed podcast producer has issued a trading update for the first quarter of 2023 and this has revealed a decline in revenue to $15.4m from $19.5m a year earlier, although the latter included the Morbid podcast which left the network in <May last year. Excluding that revenues were at a similar level. The adjusted EBITDA for the period was $0.2m - down from $0.9m in 2022. Average global monthly downloads were at a similar level to last year at 125.2m, which is an impressive figure bearing in mind . . .
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