Business
Year-end update
Year-end update.
About this update from Audioboom Group Plc
[{"type":"text","content":"\n \nRNS Number : 5743Z Audioboom Group PLC 18 December 2017 \n\n18 December 2017 \n \nAudioBoom Group plc\n(\"Audioboom\" or the \"Company\")\n \nYear-end update\n \nAudioboom (AIM: BOOM), the leading spoken-word audio on-demand platform, is pleased to provide an update on its KPIs and trading for the year ended 30 November 2017. \n \nKPIs \n \n2017 has been a transformational year for the Company, which has seen it move from a free-to-use product to a subscription and advertising supported platform. This fundamental change has allowed the Company to focus on high performing content and reduce the number of smaller, uneconomical podcasts. \n \n· Unique file requests (\"UFRs\"): Total 2017 UFRs were 696 million, compared to 430 million in 2016, an increase of over 60%\n \n· Monthly unique users: 89.1 million as at 30 November 2017, compared to 58.6 million as at 30 November 2016, an increase of over 50%\n \n· Available advertising impressions: Audioboom created a total of 2,032 million advertising impressions in the year, up from 242 million in 2016, an increase of 740% year-on-year\n \n· Content channels: Audioboom hosted 12,426 content channels as at 30 November 2017, an increase of over 30% in the year (30 November 2016: 9,527). This is despite the introduction of the subscription service and the reduction in the number of less popular podcasts on the platform\n \n \n\n\n\n\nKPI\n\n\nFY2016\n\n\nFY2017 \n \n\n\n% +/-\n\n\n\n\nMonthly unique users\n(Total for final month of period)\n\n\n59m\n\n\n89m\n\n\n+>50%\n\n\n\n\nAvailable advertising impressions\n(Cumulative for period)\n\n\n242m\n\n\n2,032m\n\n\n+740%\n\n\n\n\nUnique file requests (\"UFRs\")\n(Cumulative for period)\n\n\n430m\n\n\n696m\n\n\n+>60%\n\n\n\n\nContent channels\n(Total at end of period)\n\n\n9,527\n\n\n12,426\n\n\n+>30%\n\n\n\n\n \n \nContent partners\n \nIn line with the Company's dedicated focus on working with the most prominent podcasts, it is pleased to report numerous major wins in 2017 including: The Minds of Madness (1 million listens per month (\"lpm\")); And That's Why We Drink (1 million lpm); The Fall Line (800k lpm); The 85 South Show (900k lpm); Rebel Forc...