ACASTNasdaq StockholmTechnologyIFRS · SEK

Acast

Acast AB is a Swedish company specializing in podcast hosting, monetization, and advertising solutions. It operates a global podcast marketplace, connecting creators with advertisers to facilitate monetization through dynamic ad insertion. Acast's platform supports a wide range of podcast genres and offers tools for analytics and audience engagement. The company is headquartered in Stockholm, Sweden, and has expanded its presence significantly in North America and Europe.

Revenue2,517m SEK
+29.5 %y/y
Net income-112m SEK
−243.7 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-1,00001,0002,0003,000m SEK2021: 1,026 m SEK2021: EBIT -222 m SEK20212022: 1,390 m SEK2022: EBIT -353 m SEK20222023: 1,636 m SEK20232024: 1,944 m SEK20242025: 2,517 m SEK20252,517
RevenueOperating profit (EBIT)

Business

Share of revenue
Podcast Hosting40 %

Includes hosting and distribution services for podcasts.

Advertising Solutions35 %

Dynamic ad insertion and sales partnerships.

Analytics and Insights15 %

Tools for podcast performance analysis.

Creator Support10 %

Monetization tools and support for podcast creators.

Customers

Acast serves a diverse range of customers including independent podcast creators, media companies, and advertisers. Podcast creators use Acast's platform to host, distribute, and monetize their content. Media companies partner with Acast to leverage its advanced advertising solutions and reach targeted audiences. Advertisers benefit from Acast's dynamic ad insertion technology to engage listeners with relevant content. The company's customer base spans across North America, Europe, and other global markets.

Independent Creators

Use Acast for hosting and monetization.

Media Companies

Partner for advertising solutions.

Advertisers

Utilize dynamic ad insertion for targeted marketing.

Strategy

Acast's strategic priorities focus on expanding its market share in podcast advertising and enhancing its technological capabilities. The company aims to increase its presence in North America and Europe, leveraging its scalable business model. Strategic acquisitions, such as the recent purchase of Wonder Media Network, are part of its growth strategy. Acast also prioritizes improving its monetization tools to attract more creators and advertisers to its platform.

Expand podcast advertising market shareMedium term

To lead the global shift toward podcast advertising.

Enhance technological capabilitiesShort term

To provide superior analytics and ad solutions.

Increase geographic presenceLong term

To diversify revenue streams and reduce market risk.

Geography

Q4/2025

Acast is headquartered in Stockholm, Sweden, and has a strong presence in North America and Europe. The North American market is a significant growth driver, contributing to a substantial portion of the company's revenue. European markets also play a crucial role, with recent expansions into Germany enhancing Acast's footprint. The company continues to explore opportunities in other global markets to diversify its geographic revenue streams.

Europe55 %
North America37 %
Muut markkinat7.4 %

Share of the revenue the company reports by geography.

Risks

Acast faces several business and financial risks, including the competitive nature of the podcast advertising market and the reliance on key geographic regions for revenue. Changes in advertising spending patterns can impact revenue growth. The company also faces risks related to technological advancements and the need to continuously innovate. Additionally, foreign exchange fluctuations due to its international operations pose financial risks.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Competitive market1Technological innovation2Foreign exchange fluctuations3Geographic revenue concentration4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Competitive marketImpact: HighLikelihood: Low

    High competition in podcast advertising.

  2. Technological innovationImpact: HighLikelihood: Low

    Need to keep pace with industry advancements.

  3. Foreign exchange fluctuationsImpact: MediumLikelihood: Medium

    International operations expose to currency risk.

  4. Geographic revenue concentrationImpact: MediumLikelihood: Low

    Reliance on North America and Europe.

Accounting

Judgemental items
Revenue recognition

Affects timing and amount of revenue reported.

Impact: high

Foreign exchange effects

Influences reported earnings due to currency fluctuations.

Impact: medium

Contingent considerations

Affects acquisition accounting and financial statements.

Impact: medium

Bargain purchases

Impacts earnings through recognition of negative goodwill.

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026