Last.fm

Media & Entertainment music social networks

Last.fm is an online music catalogue providing users with personalized recommendations based on their taste in music. It is a global online music service that tracks people’s music listening habits - across many devices and platforms, and via its world-class personalized music service - to help them discover and share new music through recommendations, exploration and the integration of social networking tools.

Revenue(FY, 2016)

£2.4 M

Type	Subsidiary
Parent Company	CBS
HQ	London, GB
Founded	2002
Website	last.fm

Last.fm was founded in 2002 and is headquartered in London, GB

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Last.fm Office Locations

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Last.fm has an office in London

London, GB (HQ)

211 Old St

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Last.fm Financials and Metrics

Summary Metrics

Founding Date	2002
Total Funding	$5 m
Investors	Index Ventures

In total, Last.fm had raised $5 m. Last.fm is a subsidiary of CBS

Last.fm Revenue

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Last.fm's revenue was reported to be £2.42 m in FY, 2016

Income Statement

GBP	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	1 m	4.2 m	7.3 m	8 m	8.1 m	6.4 m	4.9 m	4.2 m	2.9 m	2.4 m
Revenue growth, %							(23%)	(15%)	(31%)
Cost of goods sold	2.7 m	8 m	7.2 m	4.7 m	4.4 m	5 m	2.8 m	1.2 m	699.8 k	42.1 k
Gross profit	(1.7 m)	(3.8 m)	86.3 k	3.3 m	3.7 m	1.4 m	2.1 m	3 m	2.2 m	2.4 m

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Balance Sheet

GBP	FY, 2003	FY, 2004	FY, 2005	FY, 2006	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash		15.9 k	159.8 k	1.6 m	1.6 m	2.2 m	1.7 m	336.5 k	212 k	1.3 m	1.4 m	851.8 k	773.5 k	125.3 k
Accounts Receivable				105.3 k	193.1 k	732.9 k	763.1 k	733.8 k	938.8 k	1.2 m	571.1 k	486.3 k	122.2 k	119.3 k
Current Assets	1.9 k	15.9 k	264.2 k	1.7 m	3.8 m	4.8 m	3.4 m	1.3 m	1.4 m	3.3 m	2.5 m	1.8 m	1.2 m	533.9 k
PP&E	3.9 k	10.7 k	77.5 k	233.9 k	442.5 k	963.9 k	1.1 m	738.8 k	923.7 k	1.3 m	761.7 k	265.3 k	18.1 k	21.2 k