Auddia
Address: 
Boulder, CO, USA
Reinventing Audio
Website: www.auddia.com
Symbol: NASDAQ:AUUD
Owns
About Auddia
Auddia, through its proprietary AI platform for audio identification and classification and related technologies, is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content. Auddia’s flagship audio superapp, called faidr, brings two industry firsts to the audio-streaming landscape: subscription-based, ad-free listening on any AM/FM radio station and podcasts with interactive digital feeds that support deeper stories and open untapped revenue streams to podcasters. faidr also delivers exclusive content and playlists, and showcases exciting new artists, hand-picked by curators and DJs. Both differentiated offerings address large and rapidly growing audiences with strong purchase intent. For more information, visit: www.auddia.com.
Latest news
- Mar 30: Auddia, which promised to launch an ad-skipping podcast app in Nov 2023, has announced a reverse stock-split in order to stay on the NASDAQ. Earlier this month, the company released its financial report for 2025, revealing that, once again, it made no revenue at all during the year: and managed to lose 49% more money: a loss of $485,885. Auddia announced a new business model in January - charging music artists to get their tracks played during AM/FM adbreaks, which the system also replaces. Nowhere in the description of the new business model does Auddia say how providers of AM/FM radio and podcasts will be paid.
- Jul 14, 2025: Auddia, which promised to launch an ad-skipping podcast app in Nov 2023, but was running out of money after earning no revenue in 2024, has lost its CEO, Michael Lawless, who is retiring. Under new CEO Jeff Thramann, Auddia is to be restructured and turned into a subsidiary of an AI company.
- Mar 6, 2025: Ad-skipping podcast app Auddia released its annual financial report. The company made a loss of $8.7mn in the year, while failing to earn a single dollar in revenue. The CEO, though, received a 17% pay rise; the company’s auditor says it has “substantial doubt about the company’s ability to continue as a going concern”. Possibly unrelated, Auddia will share “how the company views the podcast industry’s financial landscape” in a keynote at SXSW.
- Mar 5, 2025: Auddia, which launched a podcast app that would strip all the ads out of shows without a publisher’s permission, is to present at SXSW in a session called “Podcast Apps Need to Step It Up”. It earnt no revenue at all in the first nine months of 2024 according to its own accounts, and warned in November that it was running out of money. The presentation will “outline how the company views the podcast industry’s financial landscape”.
- Jan 17, 2025: Auddia, which launched a podcast app that strips the ads in Nov 2023, has announced a new share offering. The documentation comes with full balance sheets for the company. We learn that in the nine months ending Sep 30, 2024, its total operating expenses were $5.6mn; while the Chairman, CEO and CFO were paid, in total, $1.07mn for the year. The company’s total revenue during that time was $0.
Data credits: Google Maps, Podnews newsletter