Summary - Funding Rounds

Founding Date

1990
Sky is a subsidiary of Comcast

Sky Revenue Breakdown

Embed Graph

Sky revenue breakdown by business segment: 84.2% from Subscription, 6.4% from Advertising, 6.0% from Programme and Channel Sales and 3.4% from Other

Sky revenue breakdown by geographic segment: 19.0% from Italy, 66.6% from UK & Ireland and 14.4% from Germany & Austria

Sky Income Statement

Annual

GBPFY, 2016FY, 2017FY, 2018

Revenue

12.0b12.9b13.6b

Revenue growth, %

20%8%5%

General and administrative expense

4.8b4.8b

Operating expense total

11.0b12.0b12.6b

EBITDA

2.1b

EBITDA margin, %

15%

EBIT

977.0m964.0m1.0b

EBIT margin, %

8%7%8%

Interest expense

244.0m204.0m

Investment income

17.0m22.0m

Pre tax profit

752.0m803.0m864.0m

Income tax expense

89.0m112.0m49.0m

Net Income

663.0m691.0m815.0m

Sky Balance Sheet

Annual

GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

815.0m1.4b2.5b2.1b2.2b1.6b

Accounts Receivable

236.0m319.0m483.0m677.0m842.0m953.0m

Prepaid Expenses

527.0m498.0m

Inventories

548.0m1.0b1.2b1.3b

Current Assets

2.6b2.6b4.6b4.7b5.3b4.7b

PP&E

1.0b2.0b2.6b3.6b2.3b2.5b

Goodwill

4.7b4.9b

Total Assets

6.3b6.4b15.4b17.4b18.4b18.0b

Accounts Payable

712.0m802.0m1.4b1.5b1.7b1.9b

Short-term debt

31.0m974.0m

Current Liabilities

2.3b2.5b4.2b4.3b5.6b5.3b

Long-term debt

8.9b8.2b

Non-Current Liabilities

3.0b9.6b9.0b8.7b

Total Debt

11.0m8.9b9.2b

Total Liabilities

5.3b5.4b12.2b14.0b14.6b14.0b

Common Stock

797.0m860.0m860.0m860.0m

Additional Paid-in Capital

2.7b2.7b

Retained Earnings

(1.2b)(575.0m)158.0m(551.0m)(98.0m)452.0m

Total Equity

1.0b1.1b3.2b3.4b3.8b4.0b

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

6.3 x6 x4.9 x5.1 x4.8 x4.5 x

Sky Cash Flow

Annual

GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

979.0m663.0m691.0m815.0m

Depreciation and Amortization

993.0m972.0m

Accounts Receivable

(204.0m)(103.0m)

Inventories

(2.0m)(176.0m)

Accounts Payable

137.0m278.0m

Cash From Operating Activities

1.6b1.5b1.9b1.9b2.1b1.8b

Purchases of PP&E

(542.0m)(628.0m)

Cash From Investing Activities

80.0m(1.4b)

Long-term Borrowings

(450.0m)(23.0m)

Dividends Paid

441.0m(567.0m)(362.0m)396.0m

Cash From Financing Activities

(753.0m)(1.0b)5.3b(1.3b)(601.0m)(1.6b)

Net Change in Cash

351.0m732.0m56.0m(586.0m)

Sky Operating Metrics

FY, 2015FY, 2016FY, 2017

Total Customers

21 m21.80 m22.50 m

Customers (UK and Ireland)

12.70 m

Customers (Germany and Austria)

5 m

Customers (Italy)

4.80 m

New Customers

686 k

New Customers (UK and Ireland)

280 k

Products

53.80 m57.10 m59.70 m

Products (UK and Ireland)

42

Products (Germany and Austria)

8.80 m

Products (Italy)

9 m

Channel Viewers per Quarter

92 m98.70 m102.30 m

Countries

5

Households Connected

9 m10.90 m12 m

Pay-TV Subscribers

64 m

Products Sold

2.70 m

Sky Employee Rating

3.62101 votes
Culture & Values
3.6
Work/Life Balance
3.5
Senior Management
3.1
Salary & Benefits
4.0
Career Opportunities
3.2
Source