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Auddia Inc - AUUDW STOCK NEWS

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. is a technology company based in Boulder, Colorado, specializing in radio broadcasts and streaming audio content digitally. Their flagship products include the Auddia App, a subscription-based commercial-free AM/FM software application, and Vodacast, an interactive podcasting platform and application. Revenue is generated through subscription fees and advertisement services for cloud-based computing services. Auddia has recently announced partnerships with industry leaders, Sounds Profitable, to integrate AI and NLP technologies into podcasting audio, allowing for segment identification and enhanced listener control. The company also plans to launch a subscription-based ad-free podcast offering and accelerate the integration of their AI technologies on a larger scale.

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Auddia Inc. (AUUD) announces the acquisition of Radio FM, a leading AM/FM streaming app with 4.6 million MAUs and $2.23M in revenue. The acquisition aims to reduce Auddia's burn rate by delivering $1.4M in operating cash flow. The deal is subject to financing and offers a cost-efficient way to grow revenue, subscriptions, and user base.
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Auddia Inc. (AUUD) announces a 1-for-25 reverse stock split to meet Nasdaq listing standards. The split will increase the per share price above $1.00 required by Nasdaq's Minimum Bid Price Rule. The split will not change the authorized shares, and fractional shares will be rounded up. The reverse split affects outstanding warrants, stock options, and restricted stock units, with adjustments made proportionately.
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Auddia Inc. (AUUD) appoints John Mahoney as Chief Financial Officer, bringing over twenty years of finance and operational experience. The company aims to achieve 2024 goals and target key acquisitions, granting Mr. Mahoney an inducement stock option.
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Auddia Inc. (NASDAQ:AUUD) announced the execution of a third non-binding letter of intent as part of its buy-side M&A strategy aimed at cost effectively growing its user base. The proposed acquisition target would accelerate audio Superapp status by introducing unique high-margin music player capabilities into faidr, improving margins and personalization capabilities of AM/FM streaming. If successfully closed, the acquisition would provide direct access into the stereo headunits of multiple leading auto manufacturers. The Company aims to secure a healthy, revenue generating business, a talented engineering team, and potential pathways to increase revenue through user monetization.
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Auddia Inc. (AUUD) to Launch Commercial-Free Podcast Technology in faidr App, Offering Ad-Free Listening to 50,000 Episodes
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Auddia Inc. releases new investor presentation highlighting the transition from faidr 1.0 to faidr 3.0 and the strategy to grow user base through acquisitions. CAC improves to $3/user in acquisition strategy compared to $14/user in direct-to-consumer advertising strategy.
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Auddia Inc. to present at investor conferences
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Auddia achieves key milestone with faidr 3.0 release, subscription conversion rates averaging 10% on iOS free tier over last three months. New AI model for ad-free podcast listening announced. M&A strategy progressing with Target #1 expected to close in early Q4, adding 4.6 million mobile MAUs and over $2 million in revenue.
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Auddia Inc. was unable to file its Quarterly Report on time, but has since filed it on August 24, 2023.
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Auddia Inc. releases exclusive content offering faidrRadio to its Android app, alongside podcasts and commercial-free AM/FM stations. The company plans to bring the faidr 3.0 interface to Android in early Q3.
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FAQ

What is the current stock price of Auddia (AUUDW)?

The current stock price of Auddia (AUUDW) is $0.047 as of February 21, 2025.

What are Auddia's flagship products?

Auddia's flagship products include the Auddia App, a subscription-based commercial-free AM/FM software application, and Vodacast, an interactive podcasting platform and application.

How does Auddia generate revenue?

Auddia generates revenue through subscription fees from customers accessing the company's cloud-based computing services and advertisement services.

What recent partnership has Auddia announced?

Auddia has recently announced a partnership with Sounds Profitable, a research and advocacy firm in podcasting, to integrate AI and NLP technologies into podcasting audio.

What are Auddia's future plans for podcasting technology?

Auddia plans to launch a subscription-based ad-free podcast offering and accelerate the integration of their AI technologies on a larger scale.

Where is Auddia headquartered?

Auddia is based in Boulder, Colorado, a community known for supporting technology-based businesses.
Auddia Inc

Nasdaq:AUUDW

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AUUDW Stock Data

5.67M
Software - Application
Services-computer Processing & Data Preparation
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United States
BOULDER