Boost for Nick Candy as shares in podcast publisher Audioboom reach their highest level in almost two years
Nick Candy got a boost when shares in the podcast publisher, where he is the biggest investor, hit their highest level in almost two years, writes Samuel Norman.
The real estate magnate is Audioboom’s largest shareholder.
Shares in the London-listed company rose 7.7 per cent, or 31p, to 436p yesterday, boosting the value of Candy’s 14.2 per cent stake by around £600,000 to more than £10 million.
The rally came after Audioboom, whose shows cover everything from sport to true crime, recorded a 13 per cent increase in annual turnover to £60m.
The company made a profit of £2.8m after posting a £300,000 loss in 2023.
CEO Stuart Last said yesterday: ‘2025 will be a record year for Audioboom.’
Rally: Real estate magnate Nick Candy (pictured with his wife, Australian singer and actor Holly Valance), is Audioboom’s largest shareholder
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