Acast AB (publ) (ACAST.ST)
Acast AB (publ) operates in the Entertainment industry of the Communication Services sector, headquartered in Stockholm, AB, SE. The stock last traded at $31.95, down 1.54% on the session, giving a market capitalisation of $5.83B. Its beta of 0.41 implies it has historically moved less than the broad market.
Acast AB (publ) operates an international platform that connects podcast creators with advertisers. The company empowers advertisers to engage with podcast listeners through various formats, including host-read ads, standard audio spots, and integrated branded content. It also enables precise ad targeting to reach specific audience demographics. For podcasters, Acast offers resources for monetization and strategies to grow their audience. By June 7, 2021, the company's platform hosted roughly 28,000 shows, collectively achieving approximately 3 billion listens. Established in 2014, Acast AB (publ) is headquartered in Stockholm, Sweden.
Acast AB (publ) is most often compared with the following Communication Services names: