Audioboom’s record November 2025: revenue highs, audience growth and video acceleration
Audioboom has dropped a short and punchy November trading update ahead of its full-year statement in January 2026, and it is a record-breaker. The podcast publisher delivered its highest-ever monthly revenue and adjusted EBITDA in November 2025, backed by surging downloads, a big step-up in video, and a hefty expansion in available ad inventory.
Below I unpack the key numbers, why they matter, and what investors should watch next.
Headline numbers at a glance
| Metric | November 2025 | Comment |
|---|---|---|
| Revenue | US$9.1 million | Record monthly revenue |
| Adjusted EBITDA | Not disclosed | Record monthly adjusted EBITDA; revenue “geared strongly” to profit |
| Downloads and video views | 152 million | Up 66% year-on-year vs November 2024 (92 million) |
| Available ad impressions | 1.5 billion | Record monthly inventory |
| Showcase ad impressions | More than 1 billion | First time Showcase has topped 1 billion impressions |
| Video revenue mix | 16% of Audioboom Creator Network revenue | Record monthly video revenue |
Why the revenue record matters for margins
The company says November’s record revenue “geared strongly to adjusted EBITDA profit”, and that both revenue and adjusted EBITDA hit their highest-ever monthly levels. That matters because it suggests operating leverage is showing through – as volumes and monetisation rise, more drops through to profit.
Adjusted EBITDA here is defined as earnings before interest, tax, depreciation, amortisation, share based payments, non-cash foreign exchange movements, material one-off items and onerous contract provisions and losses incurred. The exact dollar figure is not disclosed, but the direction of travel is clear and positive.
Explosive audience and inventory growth
Total monthly distribution reached 152 million downloads and video views in November, up 66% from 92 million a year ago. That is a striking acceleration in reach and engagement.
Available ad impressions – essentially the number of ad slots that can be sold – hit a record 1.5 billion. Notably, more than 1 billion impressions came from Showcase for the first time. The RNS does not describe Showcase, but its contribution shows Audioboom’s ad engine is scaling.
Video podcasts are stepping up: 16% of network revenue
Video delivered a record revenue month, contributing 16% of Audioboom Creator Network revenue in November. The CEO also highlights Audioboom’s leadership in video podcasting, maintaining a number-one ranking in the Podscribe video chart.
Why it matters: advertisers increasingly want brand-safe, measurable placements in video environments, and a higher video mix can support pricing and new campaign formats. The data here points to a business leaning into that demand.
Seasonal strength plus automation equals operating efficiency
Management reminds us that November sits in Audioboom’s “seasonally strongest quarter.” The company also points to “automation embedded across the business” as a driver of efficiency, helping strong revenue convert into profit. Together, those dynamics help explain why adjusted EBITDA hit a record in the month.
Adelicious acquisition is showing up in H2 numbers
Audioboom says distribution and advertising inventory “have grown significantly throughout the second half of the year following the acquisition of Adelicious in July 2025.” While no integration metrics are disclosed, the sequence makes sense: larger network, more shows, more downloads and more ad impressions.
The benefit is visible in the headline stats – higher reach and a bigger pool of ad inventory to monetise.
What is not disclosed in this flash update
- Adjusted EBITDA figure: we know it is a record month, but the exact number is not disclosed.
- Cash, balance sheet and cash conversion: not disclosed.
- Fill rates and pricing (CPM): not disclosed, though inventory reached 1.5 billion impressions.
- Any formal full-year guidance changes: not provided here. A full 2025 trading update is due in January 2026.
Why this update is positive for investors
- Record revenue and record adjusted EBITDA in the same month show both top-line momentum and operating leverage.
- Audience growth is robust at +66% year-on-year for downloads and video views, giving more scale to sell ads into.
- Ad inventory is expanding quickly, with Showcase surpassing 1 billion impressions in the month – a milestone.
- Video is gaining traction, now 16% of Creator Network revenue, supported by a number-one ranking in the Podscribe video chart.
Balancing points: this is a single-month snapshot, not a full quarter. We will need January’s full-year update to see how November sits within Q4 and the broader 2025 profitability picture.
What to watch into January 2026
- Q4 revenue and adjusted EBITDA: does November’s record feed through to a record quarter and strong full-year finish?
- Video mix: does video hold around 16% or continue to rise as monetisation scales?
- Impact of Adelicious: any detail on contribution to downloads, impressions and revenue synergies.
- Monetisation metrics: any colour on fill rates or pricing to gauge how the 1.5 billion impressions are converting to revenue.
Quick context: Audioboom’s scale and partners
Audioboom describes itself as a global leader in podcasting, with 135 million monthly downloads from 40 million unique listeners. It is ranked as the fifth largest podcast publisher in the US by Edison Research.
Key partners include the official Formula 1 podcasts ‘F1: Beyond the Grid’ and ‘F1 Nation’, ‘True Crime Obsessed’ (US), ‘The Tim Dillon Show’ (US), ‘No Such Thing As A Fish’ (UK) and ‘The Cycling Podcast’ (UK). Content is distributed across Apple Podcasts, YouTube, Spotify, Amazon Music and other major platforms.
My take: a clean beat of a month, with meaningful video momentum
This flash update reads well. November delivered records where it counts – revenue and adjusted EBITDA – backed by strong growth in audience and ad inventory. The mix shift to video is gathering pace and the Podscribe ranking adds credibility.
There is still work to do in proving consistency beyond a single month, and we need the hard profitability and cash numbers in January. But on the information disclosed, Audioboom looks to be executing well into its seasonally strongest period, with automation and scale starting to pay off.
