Slide 1: Interim Report Jan - Mar 2025
May 2025 Jan - Mar 2025 Interim Report
Slide 2: In the Room
In the Room Emily Villatte CHIEF FINANCIAL OFFICER & DEPUTY CEO
Slide 3: Uniquely positioned at the center of the podcasting value chain
More than 140,000 shows More than 1BN listens/quarter Creator payouts $470M MONETIZE CONSUME More than USD EVERYWHERE 100m uniques/month GROW YOUR ACCESS HIGH AUDIENCE QUALITY CONTENT REACH YOUR SUPPORT YOUR Uniquely positioned LISTENERS FAVORITE PODCAST at the center of the podcasting value chain E
Slide 4: Full spectrum of creators
Full spectrum of creators Big Shows, Niche Shows, Massive Impact Engaged Audiences at scale
Slide 5: CEO Update
1 CEO Update
Slide 6: Financial highlights Q1 2025
Financial highlights Q1 2025 30% 37% -1% NET SALES GROSS Adj. EBITDA GROWTH MARGIN MARGIN Strong growth 6
Slide 7: Targeting strong, profitable growth
Targeting strong, profitable growth Updated financial targets (April 2025) 15% Organic net sales growth (CAGR) 2025-2028 3-5% Adj. EBITDA Margin 2025 Positive cash flow 2025 from operating activities
Slide 8: Financials
2 Financials
Slide 9: Monetization momentum continues and listens stabilize
Monetization momentum continues and listens stabilize Listens (m) Quarterly Listens and Average Revenue Per Listen ● Listens down 1% Y/Y, but grew sequentially ● ARPL continues to trend positively and amounted to SEK 0.48 in Q1 25 ● ARPL continued to expand significantly at 31% Y/Y growth Note: Numbe
Slide 10: 30% sales growth
30% sales growth Net Sales (SEKm) Quarterly Net Sales (SEKm) +30% ● Organic net sales growth of 26% when adjusting for FX and the acquisition ● North America had a significant impact on the group’s growth in the quarter of Wonder Media Network 10
Slide 11: Gross profit increase of 26%
Gross profit increase of 26% Gross Profit (SEKm) Quarterly Gross Profit (SEKm) Ex- rev-a l 39% ● Gross margin of 37% in Q1 25, influenced by lower gross margin in our ● Quarterly gross profit demonstrates a consistent upward trend rapidly expanding North American segment 11
Slide 12: North America the primary growth engine
North America the primary growth engine Europe North America Other Markets Net Sales (SEKm) Net Sales (SEKm) Net Sales (SEKm) +17% +65% -1% Contribution Profit (1) (SEKm) Contribution Profit(1) (SEKm) Contribution Profit(1) (SEKm) (1) Contribution Profit refers to a local market or segment EBIT (operati
Slide 13: Further EBITDA improvements
Further EBITDA improvements Quarterly Adj. EBITDA (SEKm) Adj. EBITDA LTM* (SEKm) ● Adjusted for Wonder Media Network transaction costs and costs related to ● Consistent profitability improvements future re-listing, the adjusted EBITDA was SEK -3.3 m ● Adj. EBITDA margin of -1%, reflecting an improveme
Slide 14: Positive cash flow trend
Positive cash flow trend Cash flow from operating activities (SEKm) Cash flow from operating activities LTM* (SEKm) ● Operating cash flow of SEK 29 m, with SEK 17 m from positive working ● Solid cash position at SEK 652 m per 31 March, 2025 capital changes *Last Twelve Months 14
Slide 15: Wrap-Up
3 Wrap-Up
Slide 16: Acast stands strong as the leading player in podcasting
Acast stands strong as the leading player in podcasting 16
Slide 17: Q&A
4 Q&A
Slide 18: Follow us
Follow us investors.acast.com/subscribe acast.com/blog shows.acast.com/acast-financial-reporting Key dates Annual General Meeting 2025 May | 20
Slide 19: For The Stories.
For The Stories.