In its just-released financial report for Q2, podcast giant Acast shows upward movement in key metrics. This follows a Q1 report (RAIN HERE) which was similarly directed.
The highlight metrics report on sales and margin figures. Below, succinct representations for Q1 (top) and Q2 (bottom):
This finance report is the first to be released with Glen Glenday as CEO. (RAIN HERE). His comments include this overview:
“Acast sustained high growth in the second quarter, significantly boosted by strong performance in North America. While one-time costs impacted reported results, our underlying profitability continues to improve as we scale revenues. As the new CEO, I’m confident Acast’s core strength – our top-tier creator network and technology platform – positions us to deliver value at scale for brands and advertisers, driving our next chapter of success.” — Greg Glenday, Acast CEO
Exensive additional comments elaborate on the theme of North America driving global growth, and more. “I’m honored to share my first reflections as CEO of Acast,” he says. “I’m incredibly excited about our future and the opportunity to write the next chapter of our success story together.”
He credits the company’s focus on podcast creators, and remains committed to providing them access to every available avenue. He acknowledges that the media landscape is changing and redefining how audiences consume content. “As brands increasingly seek authenticity, Acast is uniquely positioned to deliver at scale.”
The filing doc, with nearly 30 pages of finance metrics, freely available HERE.
