Widespace

We make advertising meaningful. We believe that media should be available to all people. Because it matters. And we believe that brands connect better with people, if the experience is right. That´s what Widespace does. We let people experience and engage via their mobile devices. The result: stronger brand advertising and increased revenues for our media partners. We do this with innovation, intelligence and great insights. Setting new standards for rich mobile media advertising. Simply, because we know it matters.
Company Growth (employees)
Type
Private
HQ
Stockholm, SE
Founded
2007
Size (employees)
159 (est)+2%
Widespace was founded in 2007 and is headquartered in Stockholm, SE

Widespace Office Locations

Widespace has offices in Stockholm, Milano, Dhaka, Hamburg and in 6 other locations
Stockholm, SE (HQ)
30 Regeringsgatan
Oslo, NO
16 Grensen
Helsinki, FI
3 Malminrinne
København, DK
63 D Nyhavn
London, GB
76 78 Charlotte St
Paris, FR
39 Rue Saint Lazare
Amsterdam, NL
166 Laan Der Hesperiden
Hamburg, DE
34 Cremon
Dhaka, BD
Rd No 15
Milano, IT
38 Via Copernico

Widespace Data and Metrics

Summary Metrics

Founding Date

2007

Total Funding

$23.2 m

Latest funding size

$17.2 m

Time since last funding

over 1 year

Investors

Widespace's latest funding round in February 2016 was reported to be $17.2 m. In total, Widespace has raised $23.2 m

Widespace Financial Metrics

Widespace's revenue was reported to be kr377.2 m in FY, 2015 which is a 133740% increase from the previous period.
SEK

Revenue (FY, 2015)

377.2 m

Revenue growth (FY, 2014 - FY, 2015), %

133740%

Gross profit (FY, 2015)

149.4 m

Gross profit margin (FY, 2015), %

40%

Net income (FY, 2015)

(76.3 m)

EBIT (FY, 2015)

(93.2 m)

Cash (31-Dec-2015)

57.7 m
SEKFY, 2014FY, 2015

Revenue

281.8 k377.2 m

Revenue growth, %

133740%

Cost of goods sold

165.6 m227.8 m

Gross profit

(165.3 m)149.4 m

Gross profit Margin, %

(58658%)40%

Sales and marketing expense

56 m74.2 m

General and administrative expense

129.5 m156 m

Operating expense total

185.4 m230.3 m

Depreciation and amortization

8.2 m12.3 m

EBIT

(77.4 m)(93.2 m)

EBIT margin, %

(27450%)(25%)

Interest expense

1.8 m1.8 m

Interest income

25 k12 k

Pre tax profit

(79.1 m)(95 m)

Net Income

(59.6 m)(76.3 m)
GBPFY, 2013Y, 2014Y, 2015

Cash

32.8 k36.2 m57.7 m

Accounts Receivable

169 k205 k1.2 m

Current Assets

201.8 k614.9 k1.6 m

PP&E

18.2 k

Total Assets

201.8 k148 m222.1 m

Accounts Payable

494.6 k23.2 k53.1 k

Current Liabilities

494.6 k1.6 m2.7 m

Retained Earnings

(737.2 k)4.2 k

Total Equity

(292.9 k)(1 m)(1 m)

Financial Leverage

-0.7 x-143.7 x-216.5 x
GBPFY, 2014FY, 2015

Income Taxes Paid

173.3 k(41.2 k)
Y, 2015

Financial Leverage

-216.5 x

Widespace Online and Social Media Presence

Widespace Company Life and Culture

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