Spotify UK turned first profit in 2013

Tom Pakinkis

The latest set of Spotify UK financials reveal that the company turned a profit for the first time in 2013.

Spotify Ltd revenues climbed 41.8% year-on-year – from £92.6 million in 2012 to £131.4 million in 2013 – resulting in a net profit of £2.6 million in 2013 compared to an £11 million net loss in 2012.

The company’s UK advertising revenues rose 12.3% from £9.1 million in 2012 to £10.2 million in 2013, while subscription revenue rose almost 42% ...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Start free Trial

Register for a Music Week trial to access this article. Sign up today and you will receive:

  • 4 weeks access to news, features and chart analysis
  • 4 Digital issues of Music Week
  • The Music Week app
  • Tailored email news alerts
Start your free trial


If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...