Welcome to our dedicated page for Auddia news (Ticker: AUUDW), a resource for investors and traders seeking the latest updates and insights on Auddia stock.
Auddia Inc (AUUDW) delivers AI-powered audio streaming solutions through its subscription-based platform, redefining digital radio and podcast experiences. This news hub provides investors and industry observers with essential updates on the company's technological advancements, financial performance, and market strategy.
Access comprehensive coverage of Auddia's developments including earnings reports, product enhancements, and strategic partnerships. The curated news collection enables stakeholders to track innovations in AI-driven audio classification systems, cloud-based processing capabilities, and the expansion of its ad-free listening ecosystem.
Key updates focus on core business areas: next-generation podcast monetization models, AM/FM radio streaming improvements, and SaaS solutions for content creators. Regular filings and announcements are contextualized through expert analysis of their impact on the competitive audio tech landscape.
Bookmark this page for streamlined access to official press releases, regulatory disclosures, and market analyses. Stay informed about Auddia's progress in developing interactive audio experiences while monitoring financial milestones in the evolving digital media sector.
Auddia Inc. (NASDAQ: AUUD) announced a 1-for-17 reverse stock split effective March 31, 2025, before market open. The split aims to meet Nasdaq's continued listing requirements, particularly the $1.00 minimum bid price rule.
The company's outstanding shares will decrease from approximately 8.67 million to 510,000 post-split. The reverse split will affect all securities, including preferred stock, warrants, stock options, and restricted stock units, with proportional adjustments to conversion and exercise prices.
No fractional shares will be issued, with any fractional shares being rounded up to the nearest whole share at the participant level. Stockholders with brokerage accounts will have shares automatically adjusted, while those holding physical certificates will receive specific exchange instructions from Vstock Transfer.
Auddia Inc. (NASDAQ: AUUD) has announced the implementation of a new AI audio model in its faidr mobile application, designed to enhance user control over radio listening experience. The new 'binary AI model' enables subscribers to transform any FM music station into an uninterrupted music-only experience by allowing them to turn off both ads and DJ talk at will.
The feature is currently live on iOS devices and will be available on Android next week. Through a new set of radio preferences, subscribers can customize their listening experience by toggling ads and DJ talk on or off according to their preferences.
CTO Peter Shoebridge highlighted that this functionality helps transition radio listening from passive to active engagement. CMO Theo Romeo emphasized the company's goal to preserve radio's appeal while offering enhanced customization options. The company expects this well-tested feature to support their recent focus on subscription growth for faidr.
Auddia Inc. (NASDAQ: AUUD) has updated its corporate overview, highlighting its AI-driven superapp strategy that aims to consolidate all major audio components onto a single streaming platform. The company's proprietary AI platform enables unique features like content skipping and ad-free listening for AM/FM radio streams, along with Forward+ one-step ad skipping and Seamless ad-free podcast listening.
Future additions to the faidr superapp will include a music player, audiobooks, and text-to-speech functionality. The company believes that analyzing user engagement across various audio types on a single platform will provide valuable data for training AI models and delivering personalized content while offering insights to creators.
The updated overview reflects improved 30-day retention metrics and introduces new targets for cost per install, subscription conversion, and first-ever customer acquisition cost (CAC) for paid subscribers.
Auddia Inc. (NASDAQ: AUUD) has announced its participation at the upcoming SXSW Conference, where it will deliver a presentation titled 'Podcast Apps Need to Step It Up' in partnership with Sounds Profitable. The session is scheduled for Saturday, March 8, at 4:30 pm CST at the Austin Convention Center's Podcast Industry Stage.
The presentation will focus on three key areas:
- The podcast industry's financial landscape
- Tactics and strategies implemented to enhance the experience for podcast listeners and creators
- Ideas for further industry development
Auddia's CMO Theo Romeo emphasized the company's commitment to fostering dialogue within the podcast community and improving industry economics for all stakeholders. The company aims to encourage creators to demand more from podcast apps while promoting closer collaboration between app developers and content creators.
Auddia (NASDAQ: AUUD) reported continued improvement in user retention metrics for its faidr platform. The company's 30-day retention rate exceeded 20% throughout Q4 2023, reached nearly 25% in January, and is expected to surpass 25% in February 2024.
The company recently integrated an advanced subscription platform into faidr to optimize subscription conversion and revenue. This platform enables fine-tuning of pricing, messaging, and offerings to maximize subscription conversions. Auddia plans to provide guidance on subscription revenue growth by the end of Q1 2024, as it continues to implement product, marketing, and subscription conversion optimizations.
Auddia Inc (NASDAQ:AUUD) reported significant progress in user retention for its faidr app, achieving a 21% 30-day retention rate in October 2024, doubling its internal goal of 10%. This improvement stems from various product enhancements implemented throughout the year, including ad-free podcast features and integrations with Apple CarPlay and Android Auto.
The company has seen retention rates grow from 5% to over 20% over the past year through its faidr 3.1 initiative and various UX improvements. Auddia is now focusing on converting free users to paid subscriptions, with new metrics and revenue expected to be reported in Q1 2025.
Auddia Inc. (NASDAQ: AUUD), an AI platform specializing in audio identification and classification, has announced its participation in the upcoming Virtual Investor Summit Microcap Event on November 21st, 2024. The company will deliver a formal presentation from 12:30 PM to 1:00 PM ET and will be available for one-on-one meetings throughout the day.
The event focuses on 40 micro-cap companies with catalysts and/or strong market performance, offering live Q&A sessions and opportunities for deep engagement with leading MicroCap investors. The presentation will be accessible via webcast, and qualified investors can register for complimentary access.
Auddia Inc. (NASDAQ:AUUD) has exceeded its 30-day user retention goal for its faidr app, achieving 12% in September, up from 5% a year ago. This success is attributed to product enhancements and improved user experience. The company is now shifting focus to optimize subscription conversions, aiming to increase from the current 5% to 12% or more.
Auddia plans to improve subscription conversion by streamlining the paywall process and making subscriptions more active for users. With cost per install at or below $1.80 and improving retention and conversion rates, the company is approaching a transition from product development to revenue generation focus.
CEO Michael Lawless and CMO Theo Romeo expressed confidence in the company's progress, citing the value delivered to users and the potential for competing with other audio platforms in the US and internationally.
Auddia Inc. (NASDAQ:AUUD) has doubled the number of stations available in its faidr mobile app, now offering over 13,000 AM/FM stations, up from approximately 5,200. Subscribers can access more than 9,000 ad-free stations. The company aims to provide a full inventory of US and Canadian stations, with plans for international expansion next year.
Auddia has also introduced two new podcast features: Forward+ and Chapter Visualization, enhancing navigation and user experience. In Q4, the company plans to release a new music-only AI model for music-focused AM/FM stations and introduce gamification features to the app.
Auddia Inc. (NASDAQ: AUUD), an AI platform for audio identification and classification, will participate in the 2024 Gaming, Media & Entertainment Virtual Conference presented by Maxim Group Executive Chairman Jeff Thramann will present on Tuesday, September 17th, 2024, at 11:00 a.m. E.T.
The conference will explore how emerging growth companies are adapting to current market conditions and positioning for future success. It will feature discussions led by Maxim Senior Analysts with CEOs and key management from various companies, focusing on technology innovation and growth opportunities in the evolving Gaming, Media & Entertainment industries.
The event will be live on M-Vest.com, offering insights into how companies are navigating shifting consumer demand and global challenges.
