Pocket Entertainment, the parent company of audio platform Pocket FM and AI microdrama platform Pocket Saga, has surpassed $500 million in annual revenue run rate (ARR), growing 70% year on year.
The growth has been driven by artificial intelligence, the company said in a statement.
Pocket FM remains the primary growth engine for Pocket Entertainment.
Revenue retention on the platform has increased from 44% to 76%, the company said.
The company noted that listeners now spend an average of 155 minutes a day on Pocket FM, with 51% of weekly active users engaging with the platform daily.
