Audioboom Group Plc · LSE:BOOM
Audioboom — Q3 2025 Earnings Presentation
17 slides from Audioboom's earnings presentation, October 2025
Slide 1: Investor Update
Investor Update October 2025 AUDIOBOOM.COM
Slide 2: Executive Summary
Executive Summary Audioboom continues positive growth story and is on track to deliver record performance in 2025 Continued focus on quality revenue The Company initiated its disciplined M&A strategy with the acquisition of Adelicious Ltd at a <1X revenue – creating 2nd largest podcast network
Slide 3: 1. Podcast Market & Performance Update
1. PODCAST MARKET & PERFORMANCE UPDATE 2
Slide 4: Business Model
Business Model AUDIOBOOM POWERS PODCASTING FOR CREATORS Our platform capabilities create value by connecting content, audience and advertisers at scale globally AUDIENCE 45M+ unique monthly listeners $325m made for creators PODCASTS since 2015 ADVERTISERS 8,000+ channels 10,000+ brands 3
Slide 5: Q3 2025 Performance
Q3 2025 Performance GROSS REVENUE GROSS PROFIT EBITDA $20.4 $4.3 $1.2 MILLION MILLION MILLION Up 9% vs Q3 2024 Up 12% vs Q3 2024 Up 18% vs Q3 2024 GROSS MARGIN CONSISTENT IMPROVEMENTS OPEX Audioboom continues on-track to deliver record year More than $79m of advertising revenue booked for 2025 –
Slide 6: Focus On Quality of Revenue
Focus On Quality of Revenue AUDIOBOOM REVENUE CONTRIBUTION AND GROSS MARGIN YTD 2024 53% 16% 31% YTD 2025 54% 11% 35% GROSS MARGIN Premium Sonic Showcase 20% 15% 30% 13% 12% 18% INCREASE IN SHOWCASE GROSS PROFIT ADJUSTED EBITDA REVENUE CONTRIBUTION INCREASE INCREASE VS. Q3 YTD 2024 VS. Q3 2024 VS. Q
Slide 7: Revenue, Gross Margin and MG Analysis
Revenue, Gross Margin and MG Analysis REVENUE ($M) 6 50% Gross Profit ($M) Gross Margin (%) 20.5 20.4 45% 19.2 18.8 4.8 17.1 17 17.3 17.8 4.3 40% 4.0 35% 4 3.8 14 3.4 30% 3.0 2.8 2.7 25% 24% 23% 20% 2 20% 20% 21% 18% 15% 16% 14% 10% 0.5 5% 0 3% 0% Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 2
Slide 8: Opex and Adjusted EBITDA
Opex and Adjusted EBITDA OPEX ($M) ADJ EBITDA ($M) 2.1 3.1 1.5 1.2 1.2 1 2.8 2.8 2.8 2.8 2.9 2.6 2.7 0.6 2.4 0.2 0.2 0.1 -0.5 -2 -2.5 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 • High quality revenue growth + constantly reducing MG exp
Slide 9: Cash and Debtors
Cash and Debtors Cash ($M) Bad Debt Write Off ($000) Debtor Days 227 4.3 3.9 3.7 3.5 141 3.3 3 3.1 2.9 2.5 91 82 85 94 52 56 81 68 2021 2022 2023 2024 Q3 25 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 YTD • Efficiency in working capital cycle continues; • $54.9m collected Q3 25 YTD, 99% of
Slide 10: Acquisition of Adelicious completed 22nd July 2025
Acquisition of Adelicious completed 22nd July 2025 Created the UK’s 2nd largest podcast network and accelerated our position in the UK by ~5 years Integration completed on September 1st 2025 – significantly ahead of 60 day integration plan Connection of Adelicious inventory to Showcase helpe
Slide 11: Global Podcast Leader – Audio and Video
Global Podcast Leader – Audio and Video Ranked by Edison research as the 5th largest podcast publisher in the US and by Podscribe as the number 1 publisher of video podcasts 10
Slide 12: Video
Video The Audioboom Creator Network is home to 12 of YouTube’s top 100 video podcasts 25% of 60% of 15% of Audioboom’s Audioboom’s Audioboom’s distribution is in podcasts come revenue comes video format in video format from video 11
Slide 13: International
International 30% <2% DISTRIBUTION REVENUE OUTSIDE US OUTSIDE US & UK & UK Craig Eastwood – Vice President, International International commercial partnership Boots-on-the-ground strategy M&A opportunity outside US & UK 12
Slide 14: M&A Strategy
M&A Strategy Audioboom’s platform business is primed for accelerated growth through M&A With more than 75% of US and UK podcast revenue being held by 100+ independent podcast networks and publishers, Audioboom can lead the inevitable consolidation of the market Audioboom’s fully integrated platform
Slide 15: 2. Outlook
2. OUTLOOK 14
Slide 16: Outlook – Q4 2025
OUTLOOK – Q4 2025 Seasonal demand First full quarter from NFL, EPL, $79 million including Thanksgiving, booked for 2025 Adelicious Christmas Record downloads Q3 YTD EBITDA and video views +127% on 2024 expected in Q4 15
Slide 17: Contact Us
CONTACT US Stuart Last Chief Executive Officer stuart@audioboom.com Brad Clarke Chief Financial Officer brad@audioboom.com