Audioboom has reported a strong trading update for 2025, with a sharp rise in profitability and record performance in the final quarter of the year.
The AIM-listed podcast company’s adjusted EBITDA is expected to come in at around $5.1 million (£3.8m), up 54% year-on-year and ahead of market expectations, while revenue rose 10% to approximately $80.4m (£59.8m).
However, the Jersey-based business has seen its share price fall by 8% since markets opened today (writing at 9.15am).
This goes against the grain, as it had seen its stock rise by a whopping 67% in the past 12 months, with its market cap rising to £132m.
The company also delivered improved gross profit of around $17m, up 18%, as it continued to prioritise higher quality revenue streams.
Q4 was a record quarter, with revenue of about $24.9m and adjusted EBITDA of roughly $2.2m, representing a 9% margin.
A major driver of growth was Showcase, Audioboom’s higher-margin global advertising marketplace, which generated record revenue of about $30.4m in 2025, up 31%.
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The business said audience scale accelerated following its acquisition of Adelicious in July 2025, with average monthly downloads and video views in Q4 hitting 150m – up 66% on the year before.
It has partnered with global podcasts, including the official Formula 1 podcasts ‘F1: Beyond the Grid’ and ‘F1 Nation’, ‘True Crime Obsessed’ (US), ‘The Tim Dillon Show’ (US), ‘No Such Thing As A Fish’ (UK) and ‘The Cycling Podcast’ (UK).
“2025 marked an inflection point in Audioboom’s transition from a podcast network to a scaled audio and video platform,” said Stuart Last, CEO of Audioboom.
“Podscribe’s ranker recognised us as the number 1 network for video, and our new commercial partnership with Spotify will support our 2026 focus on enhancing our video revenue engine.
“It will bring new advertising options as well as direct revenue from subscriptions – this will be a step forward in ensuring we maximise value for our video creators.
“Our financial performance in 2025 was very pleasing, with record revenue and adjusted EBITDA ahead of market expectations for the year.
“I am excited about 2026. We will have record inventory levels, new international opportunities, and a continued focus on growing our platform model.
“I would like to express my appreciation to the Audioboom team and to thank shareholders for their continued support and belief in the future of the company.”