Advertisement
Singapore markets closed
  • Straits Times Index

    3,296.89
    +4.20 (+0.13%)
     
  • S&P 500

    5,053.08
    +34.69 (+0.69%)
     
  • Dow

    38,125.32
    +222.03 (+0.59%)
     
  • Nasdaq

    15,739.92
    +134.44 (+0.86%)
     
  • Bitcoin USD

    58,725.17
    +1,066.06 (+1.85%)
     
  • CMC Crypto 200

    1,263.99
    -6.75 (-0.53%)
     
  • FTSE 100

    8,158.61
    +37.37 (+0.46%)
     
  • Gold

    2,296.90
    -14.10 (-0.61%)
     
  • Crude Oil

    79.05
    +0.05 (+0.06%)
     
  • 10-Yr Bond

    4.6490
    +0.0540 (+1.18%)
     
  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     
  • Hang Seng

    18,207.13
    +444.10 (+2.50%)
     
  • FTSE Bursa Malaysia

    1,580.30
    +4.33 (+0.27%)
     
  • Jakarta Composite Index

    7,117.42
    -116.77 (-1.61%)
     
  • PSE Index

    6,646.55
    -53.94 (-0.81%)
     

Audioboom Group Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Audioboom Group (LON:BOOM) Full Year 2023 Results

Key Financial Results

  • Revenue: US$65.0m (down 13% from FY 2022).

  • Net loss: US$19.4m (loss widened by US$18.7m from FY 2022).

  • US$1.19 loss per share (further deteriorated from US$0.047 loss in FY 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Audioboom Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 27%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom.

ADVERTISEMENT

Performance of the British Interactive Media and Services industry.

The company's shares are up 1.9% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for Audioboom Group you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.