Audioboom Group plc reported record first-half results for 2026, with adjusted earnings before interest, taxes, depreciation and amortization surging 80 percent to US$3.2 million, while revenue climbed 30 percent to US$45.7 million, the London-listed podcast company announced July 19, 2026.
The gains underscore accelerating momentum across Audioboom‘s core business segments. Gross profit rose 33 percent to US$9.9 million in the six months ended June 30, 2026, compared with US$7.4 million in the prior-year period. The company’s Showcase advertising marketplace—a tech-driven platform connecting creators and advertisers—posted particularly strong growth, with revenue jumping 60 percent to US$18.6 million from US$11.6 million year-over-year. Average monthly distribution reached 183 million downloads and video views in the second quarter, up 84 percent from 100 million in the same quarter last year.
The results come after Audioboom concluded a strategic review process initiated in October 2025 that explored potential acquisition or sale scenarios. The company received three non-binding offers to acquire the business but rejected all three, determining they did not adequately reflect Audioboom’s operating performance and long-term value. The board instead opted to pursue an internally developed acquisition-led growth strategy targeting revenue exceeding US$200 million and adjusted EBITDA surpassing US$40 million by 2030.
“We continue to execute our growth strategy with discipline and consistency, delivering an exceptional first half of the year and demonstrating the operating leverage in our platform business as revenue increased by 30 percent while adjusted EBITDA grew by 80 percent,” said Stuart Last, chief executive officer of Audioboom. “The Board concluded that the offers received did not adequately reflect the strength of Audioboom’s operating performance, growth trajectory or long-term value creation opportunity.” Last added that management remains focused on organic expansion and strategic acquisitions supported by the company’s strengthening balance sheet.
The company’s growth strategy carries particular significance for podcast creators and audio production professionals reliant on distribution platforms and monetization tools. Audioboom serves more than 8,000 podcasters globally and distributes content across major platforms including Apple Podcasts, Spotify, YouTube and Amazon Music. New partnerships announced during the first half with Spotify and Apple will expand video monetization opportunities, with technology integrations expected to launch in the second half of 2026. Recent creator signings include partnerships with Crooked Media, RedHanded, Hear Me Out, Evolution of a Snake and Swindled, expanding the company’s premium content network.
Audioboom occupies a strengthening position within the competitive podcast publishing landscape. Edison Research ranks the company as the fifth-largest podcast publisher in the United States, while Podscribe named Audioboom the number one network for video podcasting in the first half of 2026. The company reaches approximately 58 million unique monthly listeners and is projected to generate around 18 billion sellable advertising impressions in 2026. Monthly downloads and video views have more than doubled year-over-year, reflecting both organic expansion and integration gains from the acquisition of Adelicious Limited completed in 2025.
Audioboom ended the period with US$5.4 million in cash, up from US$2.5 million at June 30, 2025, plus US$3.3 million available through an overdraft facility. The company has reached agreement in principle with HSBC for a new revolving credit facility of up to US$10 million, expected to close in coming weeks. As of July 14, 2026, the company had booked more than US$81 million in revenue for the full year 2026—already exceeding total 2025 revenue of US$80.4 million—with the seasonally strongest-demand period still ahead.
The company’s rejection of acquisition offers and commitment to an M&A-driven expansion plan signals confidence in both its operational trajectory and the broader podcast market outlook. With access to increased capital, proven acquisition integration capabilities demonstrated through the Adelicious transaction, and expanding platform economics, Audioboom is positioned to pursue further strategic purchases aimed at consolidating market share in North America and Europe while scaling its technology-enabled monetization infrastructure for creators and advertisers alike.
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