AudioBoom (AIM: BOOM) – latest quarterly update shows continued progression
Audioboom is a free platform that enables the creation, broadcast and syndication of audio content in news, current affairs, business, entertainment and sports. It operates a digital, on-demand, streaming audio platform enabling the creation, broadcast and consumption of audio.
AudioBoom listed on AIM in May 2014. Cash balance at the year ended 30th November 2014 was £8.9m, following an oversubscribed placing in October 2014, leaving the Group well placed for expansion. In these early stages the main aim for the Group is to build a solid global userbase of listeners. They have begun to execute their strategy for long term revenue growth through the creation of the world’s first aggregated audio content syndication and…
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