17 July 2025 - interim results/acquisition

Following on from last week's positive trading update, the global podcast company has issued its interim results and also announced details of an acquisition.  In the six months to 30 June, the company reported a 3% increase in revenues to $35.1m although gross profit increased by 30% to $7.4m.  This led to an adjusted EBITDA profit of $1.8m, up from $0.3m in the first half of 2024.  There was significant growth at Showcase, the higher gross margin, tech-based global advertising marketplace with revenues up 24% to $11.6m . . .

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