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)
156 (est)-3%
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 Metrics

Summary Metrics

Founding Date

2007

Total Funding

$23.2 m

Latest funding size

$17.2 m

Time since last funding

about 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

Revenue (2015)

kr377.2 m

Revenue growth (2014-15), %

133740%

Gross profit

kr149.4 m

Gross profit margin (2015), %

40%

Net income (2015)

(kr76.3 m)

Cash (31-Dec-2015)

kr57.7 m
Widespace's revenue was reported to be kr377.2 m in FY, 2015 which is a 133740% increase from the previous period.
FY, 2014FY, 2015

Revenue

kr281.8 kkr377.2 m

Revenue growth, %

133740%

Cost of goods sold

kr165.6 mkr227.8 m

Gross profit

(kr165.3 m)kr149.4 m

Gross profit Margin, %

(58658%)40%

Sales and marketing expense

kr56 mkr74.2 m

General and administrative expense

kr129.5 mkr156 m

Operating expense total

kr185.4 mkr230.3 m

Depreciation and amortization

kr8.2 mkr12.3 m

EBIT

(kr77.4 m)(kr93.2 m)

EBIT margin, %

(27450%)(25%)

Interest expense

kr1.8 mkr1.8 m

Interest income

kr25 kkr12 k

Pre tax profit

(kr79.1 m)(kr95 m)

Net Income

(kr59.6 m)(kr76.3 m)
FY, 2013Y, 2014Y, 2015

Cash

£32.8 kkr36.2 mkr57.7 m

Accounts Receivable

£169 kkr205 kkr1.2 m

Current Assets

£201.8 kkr614.9 kkr1.6 m

PP&E

kr18.2 k

Total Assets

£201.8 kkr148 mkr222.1 m

Accounts Payable

£494.6 kkr23.2 kkr53.1 k

Current Liabilities

£494.6 kkr1.6 mkr2.7 m

Retained Earnings

(kr737.2 k)kr4.2 k

Total Equity

(£292.9 k)(kr1 m)(kr1 m)

Financial Leverage

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

Income Taxes Paid

£173.3 k(£41.2 k)

Widespace Online Presence

Widespace Company Life

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