Acast AB (ACAST) AI Stock Analysis

• Market Cap: kr2.97B
• Dividend Yield: N/A
• Average Volume (3M): 220.51K
• Price to Earnings (P/E): 33.6
• Beta (1Y): 0.56
• Revenue Growth: 20.17%
• EPS Growth: 80.76%
• Country: SE
• Employees: 409
• Sector: Communication Services
• Sector Strength: 84
• Industry: Entertainment
• EPS (TTM): -0.51
• Shares Outstanding: 181,068,100
• 10 Day Avg. Volume: 436,628
• 30 Day Avg. Volume: 220,512
• PEG Ratio: 0.25
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr21.95
• Price Target Upside: 33.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: kr16.00 ▼(-2.44%Downside)

Acast AB's overall score is influenced primarily by strong revenue growth and balance sheet stability, despite challenges in profitability and valuation concerns. Technical analysis indicates neutral market momentum, adding moderate risk. The lack of earnings call and corporate events data limits additional insights.

Acast AB Business Overview & Revenue Model

Company Description

Acast AB (ACAST) is a global podcasting company that provides a platform for podcast creators and advertisers to connect. The company operates in the digital media and entertainment sector, offering podcast hosting, distribution, and monetization services. Acast enables creators to publish their content across multiple platforms while providing tools to grow their audience and revenue through advertising and listener support.

How the Company Makes Money

Acast makes money primarily through advertising solutions and subscriptions. The company's revenue model centers around dynamically inserted advertisements into podcasts, allowing advertisers to target specific audiences with precision. Acast also offers a marketplace where advertisers can connect with podcast creators for sponsorship deals. Additionally, the company provides premium subscription services that allow listeners to access ad-free content or exclusive episodes, generating revenue through subscription fees. Key partnerships with major podcast platforms and content creators further enhance Acast's ability to monetize its offerings effectively.

Acast AB Financial Statement Overview

Summary

Acast AB is experiencing strong revenue growth and maintains a solid balance sheet with low leverage. Despite these strengths, the company faces challenges in achieving profitability and improving return on equity. Cash flow metrics show positive trends, suggesting better cash management and operational efficiency. The focus should be on enhancing profitability while maintaining growth momentum.

Income Statement

Acast AB has shown impressive growth in revenue over the years, with a TTM (Trailing-Twelve-Months) revenue of 2.07 billion, marking a significant increase from 591.53 million in 2020. The gross profit margin has remained relatively stable with a TTM margin of 39.0%. However, the company has struggled with profitability as indicated by negative EBIT and net profit margins, although there has been an improvement in EBITDA margin from negative values in 2021 to a less negative figure in the TTM. Overall, Acast is on a strong growth trajectory, but profitability remains a challenge.

Balance Sheet

Acast maintains a solid equity base, with a stockholders' equity of over 1.17 billion. The debt-to-equity ratio is low at 0.12 in the TTM, indicating low leverage, which is a positive indicator of financial stability. However, the return on equity is negative due to net losses, suggesting inefficiencies in generating profit from shareholders' equity. The equity ratio remains robust at 59.8% for the TTM, reflecting strong balance sheet stability.

Cash Flow

Acast's cash flow from operations turned positive in the TTM, showing an improvement over previous years. The free cash flow also improved significantly, with a positive TTM free cash flow of 41.14 million, compared to negative figures in prior years. The operating cash flow to net income ratio is favorable, suggesting solid cash generation relative to net income. However, the free cash flow to net income ratio needs further improvement to ensure sustainable cash flow growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.07B	1.94B	1.64B	1.39B	1.03B	591.53M
Gross Profit	805.69M	764.20M	520.84M	469.86M	373.48M	219.43M
EBITDA	-48.50M	25.94M	-88.99M	-219.24M	-250.06M	-147.27M
Net Income	-19.72M	78.22M	-179.68M	-286.38M	-300.39M	-172.22M
Balance Sheet
Total Assets	1.96B	2.01B	1.72B	1.86B	1.86B	687.64M
Cash, Cash Equivalents and Short-Term Investments	652.05M	713.70M	759.46M	867.76M	1.36B	288.60M
Total Debt	139.25M	141.15M	21.95M	48.41M	47.23M	147.12M
Total Liabilities	787.32M	742.34M	580.44M	554.86M	370.17M	381.73M
Stockholders Equity	1.17B	1.27B	1.14B	1.31B	1.49B	305.90M
Cash Flow
Free Cash Flow	41.14M	23.17M	-81.29M	-337.04M	-141.30M	-207.01M
Operating Cash Flow	78.81M	34.39M	-28.14M	-294.28M	-106.58M	-188.80M
Investing Cash Flow	-119.21M	-75.88M	-53.30M	-251.27M	-35.31M	-18.19M
Financing Cash Flow	-22.75M	-22.94M	-25.02M	-27.01M	1.21B	333.25M

Acast AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ACAST, the sentiment is Positive. The current price of 16.4 is above the 20-day moving average (MA) of 15.52, above the 50-day MA of 15.29, and above the 200-day MA of 15.73, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 63.27 is Neutral, neither overbought nor oversold. The STOCH value of 90.55 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:ACAST.

Acast AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENRO	76 Outperform	kr363.38M	4.48	28.50%	9.64%	0.74%	4296.00%
TRAD	70 Neutral	kr374.76M	48.86	2.04%	―	3.04%	-70.16%
Sector *	61 Neutral	$41.24B	-0.79	-14.21%	3.80%	2.39%	-73.52%
ACAST	60 Neutral	kr2.97B	33.56	-1.83%	―	20.17%	80.76%
OVZON	58 Neutral	kr4.96B	―	-7.19%	―	20.47%	-2.65%
CINT	57 Neutral	kr2.97B	―	-1.51%	―	-32.38%	98.79%
VPLAY.B	49 Neutral	$3.48B	5.19	-15.68%	―	-3.61%	99.63%