Added to YB: 2024-11-11
Pitch date: 2024-11-08
BOOM.L [bullish]
Audioboom Group plc
+83.95%
current return
Author Info
SpruceHill Capital is a value investor with a focus on illiquid small and micro cap stocks. Sign up for the newsletter.
Company Info
Audioboom Group plc, a podcast company, operates a spoken-word audio platform for hosting, distributing, and monetizing content primarily in the United Kingdom and the United States.
Market Cap
GBP 42.9M
Pitch Price
GBP 2.02
Price Target
N/A
Dividend
N/A
Sector
Interactive Media and Services
Category
value
Growth company in deep-value territory - Audioboom Group plc
BOOM.L: Global podcast leader, 4th in US. Q3 revenue +34%, 20% GM, 5% EBITDA. iOS17 hit downloads, but may boost ad efficiency. Fixed costs, 10x rev growth since 2018. 0.4x EV/S, potential 10% margin at scale. Catalysts: Annual report, possible US listing. Risks: Ad market volatility, low visibility.
Read full article (5 min)