Acast, the world’s leading independent podcast company, has posted its first year of profitability in its financial results. The year-end report revealed net sales growth of 19% in 2024, a significant milestone in the company’s development.

Since launching locally in 2017, Acast has paid out $44.9m to podcast creators in Australia and New Zealand. Acast now boasts some of Australia’s most successful podcasting exports, driven by a series of major signings in 2024. The Anz Creator Network saw an increase in homegrown talent achieving international success, with new additions including global podcasting phenomenon Casefile True Crime and iconic comedy show Toni and Ryan. The platform now hosts more than 140,000 shows and 3,300 advertisers globally - a number that grew by 24% in 2024.

Acast is committed to empowering all podcasters, irrespective of their size or location, to monetise their shows. Fuelled by the increasing demand for podcast advertising and a commitment to increasing value for creators,...