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Acast AB (publ)
Previous close
kr 10.45
Day range
kr 10.20 - kr 10.75
Year range
kr 6.39 - kr 11.50
Market cap
1.94B SEK
Avg Volume
82.10K
P/E ratio
-
Dividend yield
-
Primary exchange
STO
Market news
Financials
Income Statement
Revenue
Net income
(SEK) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 494.22M | 8.79% |
Operating expense | 196.25M | 1.66% |
Net income | -117.53M | -58.84% |
Net profit margin | -23.78 | -45.98% |
Earnings per share | — | — |
EBITDA | -59.23M | -198.87% |
Effective tax rate | -4.07% | — |
Balance Sheet
Total assets
Total liabilities
(SEK) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 759.46M | -12.48% |
Total assets | 1.72B | -7.43% |
Total liabilities | 580.44M | 4.61% |
Total equity | 1.14B | — |
Shares outstanding | 181.07M | — |
Price to book | 1.65 | — |
Return on assets | -11.18% | — |
Return on capital | -15.74% | — |
Cash Flow
Net change in cash
(SEK) | Dec 2023info | Y/Y change |
---|---|---|
Net income | -117.53M | -58.84% |
Cash from operations | 50.33M | 508.70% |
Cash from investing | -13.62M | -18.86% |
Cash from financing | -5.89M | 11.85% |
Net change in cash | 9.32M | 127.31% |
Free cash flow | 64.59M | 69.14% |
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 2014; 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 had stepped in with more than $67 million. In 2019, the European Investment Bank invested 25 million euros in Acast, and on June 17, 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
Apr 2014
Website
Employees
359