AP

Company Research Report: ABP Publishing



Company Overview



Name: ABP Publishing

Mission: The mission of ABP Publishing is to provide readers with the wisdom of hundreds of the most admired authors by converting classic nonfiction titles and new releases into audiobooks to inspire and build a stronger culture among readers globally. They focus on making a positive impact through their work and accelerating penetration into developing markets, thereby unleashing the potential of thousands of people worldwide.

Founding and Founders: Founded as a distributing company in 2010. (No information on specific founders is available.)

Key People:
  • Andrey Mishenev, CEO

  • Viktoria Salnikova, Chief Editor


Headquarters: Frankfurt, Germany (specific headquarter location is not mentioned.)

Number of Employees: No information is available.

Revenue: Achieved a 25% revenue increase in 2022, with a 15% increase reported in the first half of 2023.

Known For: ABP Publishing is known for its digital-only non-fiction audiobooks and is a global leader in the audiobook publishing sector. Its titles include works by notable authors such as Ichiro Kishimi, Viktor E. Frankl, Nassim Nicholas Taleb, Tony Robbins, Michael Alan Singer, and Stephen R. Covey.

Products



ABP Publishing offers a diverse range of non-fiction audiobooks categorized by interest and societal impact:

  • Business & Career: Provides wisdom from established authorities in business and leadership, aiding career advancements.

  • Health & Wellness: Focuses on well-being secrets and lifestyle changes.

  • Family, Parenting & Relationship: Offers advice for harmonious relationship-building.

  • Science & Society: Engages listeners with new knowledge and controversial socio-political topics.

  • Personal Development & Growth: Encourages ambition and self-improvement.


These audiobooks are available in various languages, including German, French, Italian, English, Turkish, Swedish, Spanish, Japanese, and soon Hindi.

Recent Developments



Recent Sales and Growth Achievements:


1. 2023:
  • 15% revenue growth in the first half of the year.

  • Expected 30% revenue growth by the end of the year.


2. 2022:
  • 25% revenue increase from the previous year.

  • Expansion to over 460 audiobooks.

  • 30% catalog growth and introduction of new authors like Robert Kiyosaki and Will Smith.


3. 2021:
  • Achieved a 30% increase in sales.

  • Interim results showed a 15% overall revenue growth.

  • The catalog exceeded 500 audiobooks with a forecast of reaching 1000 by 2024.

  • Entered Turkish and Korean markets for audiobook titles.


New Product Launches and Features:


  • Ongoing introduction of Hindi language titles to engage the Indian demographic.

  • Enhancement of audiobook production via remote methodologies leading to expanded catalog offerings, including significant increases in Turkish-language titles.


Strategic Partnerships:


  • Partnered with Audible and Zebralution for distribution across various digital media platforms.

  • Engaged notable voice actors for audiobook narration, enhancing listener experience via celebrity involvement.


Conclusion



ABP Publishing continues to expand its global presence while maintaining robust growth through strategic market engagement and diversified product offerings. By focusing on non-fiction audiobooks, the company caters to a broad audience interested in self-improvement and personal growth across multiple languages. The future strategy includes further expansion into developing markets and increasing the variety of languages available, aligning with their missions to educate and inspire listeners globally.