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Acast AB (publ)
Previous close
kr 15.05
Day range
kr 14.75 - kr 15.20
Year range
kr 8.41 - kr 18.45
Market cap
2.72B SEK
Avg Volume
110.99K
P/E ratio
-
Dividend yield
-
Primary exchange
STO
Market news
Financials
Income Statement
Revenue
Net income
(SEK) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 475.38M | 11.97% |
Operating expense | 198.09M | 4.10% |
Net income | -26.59M | -210.42% |
Net profit margin | -5.59 | -198.59% |
Earnings per share | — | — |
EBITDA | 16.17M | 162.97% |
Effective tax rate | -3.62% | — |
Balance Sheet
Total assets
Total liabilities
(SEK) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 675.70M | -9.92% |
Total assets | 1.80B | 2.92% |
Total liabilities | 676.96M | 42.89% |
Total equity | 1.12B | — |
Shares outstanding | 181.07M | — |
Price to book | 2.43 | — |
Return on assets | -0.86% | — |
Return on capital | -1.25% | — |
Cash Flow
Net change in cash
(SEK) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -26.59M | -210.42% |
Cash from operations | -4.13M | 78.58% |
Cash from investing | -24.95M | -66.35% |
Cash from financing | -3.32M | 45.23% |
Net change in cash | -35.90M | 29.59% |
Free cash flow | -34.74M | 39.53% |
About
Acast is a Swedish-founded company that provides hosting, monetization and growth support for podcasts, and podcast advertising solutions for brands and media agencies. Launching in 2014, it developed a dynamic insertion technology which can target advertising within podcasts based on location, time, and personal data. The company champions an independent and open ecosystem for podcasting, where podcasts hosted with Acast are available on all podcast listening apps. Acast was founded by Karl Rosander and Måns Ulvestam in 2013; together with Johan Billgren as co-founder.
Acast hosts over 88,000 podcasts, with over 430 million listens every month. The company operates worldwide with a physical presence in 15 countries, and has its headquarters in Stockholm.
In addition to the founders, Bonnier has also invested in the company. In 2018, additional investors stepped in with more than $67 million. In 2019, the European Investment Bank invested 25 million euros in Acast, and on 17 June 2021, Acast was listed on the Nasdaq First North Premier Market at a valuation of approximately SEK 7 billion.
Acast enables digital publishers to insert ads targeting niche audiences. Wikipedia
CEO
Founded
2013
Website
Employees
360