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Spotify Ltd.

Private Company Ticker Symbol™: (SPOTFYP)

Business Summary

Spotify Ltd. is a privately held Internet music service that allows users to search for and play songs, albums, and customized playlists. Spotify Ltd. lets users download and log on to Spotify's software platform, enabling on-demand music streaming. The Internet music service offers a free but limited, advertisement-driven service as well as two tiers of paid subscription options for ad-free service. Spotify was founded in Stockholm in 2006 by Daniel Ek and Martin Lorentzon and has headquarters in London.

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Recent News, Updates, and Analysis

Overview & Corporate Organization

Basic Information

Company Tags:VC Backed
Year Founded:2006
Fiscal Year End:12/31
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
1YR Employee Growth Rate:View %
Address:30 Great Pulteney Street
Golden House
City:London
Country:United Kingdom
Phone:View
Fax:View
Website:www.spotify.com
Twitter:http://www.twitter.com/twitter.com/Spotify
LinkedIn:http://www.linkedin.com/company/spotify
Blog:http://www.spotify.com/us/blog/
Facebook:http://www.facebook.com/spotify

Corporate Organization

Parent Companies:
Spotify Technology SA
Affiliate Companies:
Founders:
Daniel Ek
Martin Lorentzon

Industry Information

Industry Codes

PICS™:900202
NAICS:View
SIC:View

PrivCo Industries (Sector > Industry > Sub-Industry)

Internet > Internet Content Providers > Internet Music & Radio

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Charts, Financials, and Statistics (Table Format)

Below are Spotify Ltd. financials and other business metrics displayed in table format.
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Income Statement2011201020092008
RevenuesViewViewViewView
Cost of Goods Sold (Cost of Sales)ViewViewViewView
Gross ProfitViewView  
DepreciationViewView  
Total Operating ExpensesViewView  
Operating Income (Loss)ViewView  
Net Income (Loss)ViewViewViewView
Balance Sheet201120102009
Cash and Cash EquivalentsViewViewView
Accounts ReceivableViewView 
Prepaid ExpensesViewView 
Other Current AssetsViewView 
Non-Current AssetsViewView 
Property, Plant and EquipmentViewView 
Intangible AssetsViewView 
Other Non-Current AssetsViewView 
Total AssetsViewViewView
Accounts PayableViewView 
Other Current LiabilitiesViewView 
Total LiabilitiesViewViewView
Stockholders EquityViewViewView
Additional Paid-In CapitalViewView 
Retained EarningsViewView 
Deferred RevenueViewView 
Other Accrued ExpensesViewView 
Deferred TaxViewView 
Cash Flow Statement201120102009
Cash Flow From Operating ActivitiesViewViewView
Cash Flow From Investing ActivitiesViewView 
Cash Flow From Financing ActivitiesViewView 
Total Cash Flow (Net Change in Cash)ViewView 
Cash & Cash Equivalents End of YearViewView 
Cash & Cash Equivalents Beginning of YearViewView 
Employee Figures201120102009
Total EmployeesViewViewView
Productivity (Revenue/Employee)ViewViewView
Revenues Breakdown201120102009
Percentage of Revenues from OtherViewViewView
AdvertisementsViewViewView
SubscriptionsViewViewView
User Statistics2013 Q12012 Q42012 Q32012 Q22012 Q12011 Q42011 Q32011 Q22011 Q12010 Q42010 Q32010 Q22010 Q12009 Q1
Paying SubscribersViewViewViewViewViewViewViewViewViewViewViewViewViewView
Notes
Financial Notes:
*Spotify Ltd. fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are Spotify Ltd. financials and other business metrics displayed in table format.
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Spotify Ltd. Revenues (€ MM, EUR):
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Spotify Ltd. Cost of Goods Sold (Cost of Sales) (€ MM, EUR):
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Spotify Ltd. Gross Profit (€ MM, EUR):
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Spotify Ltd. Depreciation (€ MM, EUR):
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Spotify Ltd. Total Operating Expenses (€ MM, EUR):
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Spotify Ltd. Operating Income (Loss) (€ MM, EUR):
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Spotify Ltd. Net Income (Loss) (€ MM, EUR):
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Spotify Ltd. Cash and Cash Equivalents (€ MM, EUR):
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Spotify Ltd. Accounts Receivable (€ MM, EUR):
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Spotify Ltd. Prepaid Expenses (€ MM, EUR):
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Spotify Ltd. Other Current Assets (€ MM, EUR):
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Spotify Ltd. Non-Current Assets (€ MM, EUR):
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Spotify Ltd. Property, Plant and Equipment (€ MM, EUR):
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Spotify Ltd. Intangible Assets (€ MM, EUR):
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Spotify Ltd. Other Non-Current Assets (€ MM, EUR):
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Spotify Ltd. Total Assets (€ MM, EUR):
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Spotify Ltd. Accounts Payable (€ MM, EUR):
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Spotify Ltd. Other Current Liabilities (€ MM, EUR):
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Spotify Ltd. Total Liabilities (€ MM, EUR):
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Spotify Ltd. Stockholders Equity (€ MM, EUR):
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Spotify Ltd. Additional Paid-In Capital (€ MM, EUR):
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Spotify Ltd. Retained Earnings (€ MM, EUR):
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Spotify Ltd. Deferred Revenue (€ MM, EUR):
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Spotify Ltd. Other Accrued Expenses (€ MM, EUR):
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Spotify Ltd. Deferred Tax (€ MM, EUR):
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Spotify Ltd. Cash Flow From Operating Activities (€ MM, EUR):
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Spotify Ltd. Cash Flow From Investing Activities (€ MM, EUR):
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Spotify Ltd. Cash Flow From Financing Activities (€ MM, EUR):
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Spotify Ltd. Total Cash Flow (Net Change in Cash) (€ MM, EUR):
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Spotify Ltd. Cash & Cash Equivalents End of Year (€ MM, EUR):
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Spotify Ltd. Cash & Cash Equivalents Beginning of Year (€ MM, EUR):
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Spotify Ltd. Total Employees:
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Spotify Ltd. Productivity (Revenue/Employee) (€, EUR):
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Spotify Ltd. Percentage of Revenues from Other:
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Spotify Ltd. Advertisements:
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Spotify Ltd. Subscriptions:
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Spotify Ltd. Paying Subscribers (Millions):
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Spotify Ltd. displays the venture capital rounds, angel investments, debt or other funding raised by Spotify Ltd..
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DateInvestorRoundInvestor Type
Oct. 2008ViewAVenture Capital
Oct. 2008ViewAAngel / Individual
Oct. 2008ViewAVenture Capital
Oct. 2008ViewAVenture Capital
DetailsTotal Round A View
Aug. 2009ViewBVenture Capital
Aug. 2009ViewBAngel / Individual
Aug. 2009ViewBVenture Capital
DetailsTotal Round B View
Feb. 2010ViewCAngel / Individual
Feb. 2010ViewCVenture Capital
DetailsTotal Round C View
Jun. 2011ViewDVenture Capital
Jun. 2011ViewDPrivate Equity & Venture Capital
Jun. 2011ViewDVenture Capital
DetailsTotal Round D View
Nov. 2012ViewVenture FinancingCorporate
Nov. 2012ViewVenture FinancingCorporate
Nov. 2012ViewVenture FinancingCorporate
DetailsTotal Round Venture Financing1 View
Total of Funding Shown Above View
Notes
1Spotify is in the middle...Read More →
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Detailed Business Description: Spotify Ltd.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Spotify Ltd. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Product

Spotify offers Internet users a way to search for and listen to music online. The company's music catalogue offers over 15 million tracks from both major and independent record labels.

Spotify offers a playlist feature for users to create and share playlists. Users may also edit others' playlists using collaborative software. Spotify may be used on computers via the company's software client or on mobile phones with the Spotify app.

Upon integration with either Facebook or Twitter, Spotify users may browse through their friends' Spotify music choices. Facebook allows for Spotify music via the Facebook inbox.

Revenue Model

Spotify's most significant revenues come from paying users, who pay $5 or $10 (or £5/10 in the UK and ??5/10 in continental Europe) per month for unlimited access to commercial-free music. Paying the lower subscription rate does not allow users to access Spotify's "premium" features, which include additional mobile capabilities and higher quality music.… Continue Reading →

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Supplemental Resources

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