Sweden's Acast Q4 sales rise 27% on US growth

Acast AB (publ)

11/02/2026 06:08

Overview

Podcasting infrastructure provider's Q4 net sales grew 27% yr/yr, driven by North America

Adjusted EBITDA margin for Q4 improved to 9%

Company acquired Wake Word Studios to enhance German market presence

Outlook

Acast targets organic net sales growth exceeding 15% CAGR from 2025 to 2028

Company aims for an operating profit margin of 10% by 2028

Acast plans to leverage its market position to lead podcast advertising shift

Result Drivers

NORTH AMERICAN GROWTH - North America was a key driver with a 50% increase in net sales, contributing significantly to overall growth

IMPROVED MONETIZATION - Average Revenue Per Listen increased by 21% to SEK 0.66, reflecting better monetization

GERMAN ACQUISITION - Acquisition of Wake Word Studios aims to strengthen position in German market

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 732.60 mln
Q4 EPS
SEK 0.27
Q4 Adjusted EBITDA
SEK 63.50 mln
Q4 EBIT
SEK 63.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for Acast AB (publ) is SEK33.00, about 16.2% above its February 10 closing price of SEK28.40

The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 46 three months ago

Press Release: ID:nMFN54mFX1

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)