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Acast: Year-end report 2020 - Continued high growth


Acast: Year-end report 2020 - Continued high growth
STOCKHOLM, Feb. 12, 2021 /PRNewswire/ In 2020, Acast delivered its best year to date. Together with podcast creators, advertisers and listeners we managed to demonstrate the strength of the podcast medium. Listeners continued to steadily increase throughout the year. Acast has reached over 60 million monthly active users and is now hosting over 20,000 shows globally. Advertisers continued to acknowledge the value in reaching an engaged audience which contributed to grow our operating revenues year-over-year 64% to 592 MSEK and the gross profit with 70% to 219 MSEK. We ended the year in a strong fashion by accelerating our revenue growth in Q4 to 95% year-over-year reaching 240MSEK (123MSEK). I would like to thank all my colleagues and our business partners for their fantastic efforts, together we delivered another year of high growth. I am confident that we remain well-positioned to pursue our ambition to become the global ....

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