Audioboom has reported significant growth in its podcast business for the first half of 2026.
The results with adjusted EBITDA show profit rising 80% to US$3.2 million compared to the same period in 2025.
Gross profit reached US$9.9 million, an increase of 33% year-on-year, and revenue climbed 30% to US$45.7 million. The company’s gross margin improved slightly to 22% from 21% in the previous year.
Showcase, Audioboom’s technology-driven global advertising marketplace, saw revenue jump 60% to US$18.6 million.
The platform’s reach also expanded, with average monthly distribution in the second quarter reaching 183 million downloads and video views, up 84% from 100 million in Q2 2025.
As of 30 June 2026, Audioboom reported group cash of US$5.4 million, with an additional US$3.3 million available through an overdraft facility.
The company has also reached an agreement in principle with HSBC for a new revolving credit facility of up to US$10 million, expected to be finalised in the coming weeks.
Audioboom has already booked more than US$81 million in revenue for 2026 as of mid-July, surpassing its total revenue for 2025, with the highest-demand period of the year still ahead.
Commercially, the company launched partnerships with Spotify and Apple, aiming to develop its video monetisation engine and expand advertising and subscription opportunities.
Technology integrations to support these partnerships are expected to go live in the second half of 2026.
The Audioboom Creator Network grew with new content partnerships, including Crooked Media, RedHanded, Hear Me Out, Evolution of a Snake and Swindled.
The company also confirmed the final payment for its acquisition of Adelicious Limited, paying £4.53 million in total, below the maximum potential consideration.
Audioboom concluded a strategic review process in June, ending discussions with three interested parties after the board determined their offers undervalued the company.
Chief executive officer Stuart Last said: “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% while adjusted EBITDA grew by 80%.”
Stuart added that the company’s investments in technology, acquisitions and creator partnerships are strengthening its position, and that management remains focused on sustainable, profitable growth for the remainder of the year.
