Last.fm
Financials
Estimates*
USD | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 3.2m | 2.2m | 1.9m | 2.0m | 2.0m | 2.0m | 2.5m |
% growth | (16 %) | (29 %) | (15 %) | 6 % | 1 % | - | 20 % |
EBITDA | (5.7m) | 2.0m | (2.2m) | 2.8m | <1m | <1m | (4.4m) |
% EBITDA margin | (180 %) | 89 % | (115 %) | 140 % | 25 % | 15 % | (181 %) |
Profit | (5.9m) | 2.1m | (2.7m) | 2.9m | <1m | <1m | (4.5m) |
% profit margin | (186 %) | 94 % | (143 %) | 143 % | 27 % | 15 % | (181 %) |
R&D budget | 3.3m | 2.2m | 2.2m | 3.3m | - | - | - |
R&D % of revenue | 103 % | 98 % | 115 % | 163 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$5.0m | Series A | ||
$280m Valuation: $280m | Acquisition | ||
Total Funding | $5.0m |
Recent News about Last.fm
EditLast.fm is a leading online music service that provides personalized music recommendations, streaming statistics, and detailed artist information. Catering to music enthusiasts globally, Last.fm operates in the digital music market. The platform allows users to track their music listening habits by connecting to various music services or using their web client, app, or browser plugin. Users can view their listening stats in real-time, receive weekly reports, and access their listening history. The business model is primarily based on advertising revenue and premium subscriptions, which offer an ad-free experience and additional features. Last.fm serves a diverse client base, including individual music listeners and music industry professionals seeking insights into listening trends. The company leverages its vast database of user-generated data to provide accurate and personalized music recommendations, enhancing user engagement and satisfaction.
Keywords: music recommendations, streaming stats, artist information, digital music market, personalized service, user-generated data, advertising revenue, premium subscriptions, listening trends, music enthusiasts.