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Spotify Finally Turned A Profit Last Year In The UK

Listen To Spotify's Top 100 Streamed Tracks Of The Year

Would you believe us if we told you that the streaming behemoth Spotify was not a profitable company? Well up until last year, they weren't.

Spotify's UK business turned a profit for the first time last year according to the company's latest set of financials.

FACT reports that “Spotify Ltd recorded an £11 million net loss in 2012, but in 2013 that became a £2.6 million net profit, with the company’s revenues climbing from £92.6m in 2012 to £131.4m last year.”

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