RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Audioboom Group Stock

Audioboom Group ROE 2024

Audioboom Group ROE

-8.96

Ticker

BOOM.L

ISIN

JE00BJYJFG60

WKN

A2PMGV

In 2024, Audioboom Group's return on equity (ROE) was -8.96, a 20,616.39% increase from the -0.04 ROE in the previous year.

Audioboom Group Aktienanalyse

What does Audioboom Group do?

The Audioboom Group PLC was founded in 2009 and is based in Los Angeles, USA. The company operates a digital audio platform that allows for streaming and downloading high-quality audio content. The business model is based on advertising revenue generated from placing ads within the content. The platform caters to both businesses and individuals. Audioboom allows users to produce, publish, and monetize their own podcasts or radio shows. Even large media companies like the BBC use the platform to make their audio contributions available to a wide audience. The platform is divided into different categories tailored to different target audiences. For example, there is a section for "Business and Finance" where experts discuss current topics. "News and Politics" provides an overview of current events, while "Entertainment" features podcasts about movies, TV shows, and other leisure activities. In addition to the platform itself, Audioboom also offers audio editing tools. Users can easily modify and enhance their recordings to achieve optimal sound quality. Furthermore, the company has a strong network of influencers and celebrities who use their reach to promote the platform. Audioboom's product range also includes an app that allows users to listen to podcasts and radio shows on their smartphones or tablets. The app is available for both iPhones and Android devices and can be downloaded for free. There is also a premium version that offers additional features, such as the ability to disable ads completely. Audioboom is an innovative company that has managed to establish itself in a highly competitive market. The platform is user-friendly and offers a wide range of high-quality audio content. With its ability to satisfy both business and private users, Audioboom is on a promising path to further growth and solidifying its dominance in the world of digital audio streaming platforms. Audioboom Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Audioboom Group's Return on Equity (ROE)

Audioboom Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Audioboom Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Audioboom Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Audioboom Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Audioboom Group stock

What is the ROE (Return on Equity) of Audioboom Group this year?

The ROE of Audioboom Group this year is -8.96 undefined.

How has the Return on Equity (ROE) of Audioboom Group developed compared to the previous year?

The ROE of Audioboom Group has increased by 20,616.39% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Audioboom Group?

A high ROE indicates that Audioboom Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Audioboom Group?

A low ROE can indicate that Audioboom Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Audioboom Group affect the company?

A change in ROE (Return on Equity) of Audioboom Group can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Audioboom Group?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Audioboom Group?

Some factors that can influence Audioboom Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Audioboom Group pay?

Over the past 12 months, Audioboom Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Audioboom Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Audioboom Group?

The current dividend yield of Audioboom Group is .

When does Audioboom Group pay dividends?

Audioboom Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Audioboom Group?

Audioboom Group paid dividends every year for the past 0 years.

What is the dividend of Audioboom Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Audioboom Group located?

Audioboom Group is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Audioboom Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Audioboom Group from 11/3/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/3/2024.

When did Audioboom Group pay the last dividend?

The last dividend was paid out on 11/3/2024.

What was the dividend of Audioboom Group in the year 2023?

In the year 2023, Audioboom Group distributed 0 USD as dividends.

In which currency does Audioboom Group pay out the dividend?

The dividends of Audioboom Group are distributed in USD.

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Andere Kennzahlen von Audioboom Group

Our stock analysis for Audioboom Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Audioboom Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.