MixCloud (Radio Stations, DJ Mixes and Podcasts) Strong Revenue Growth but Growing Losses

Mixcloud has always been a very interesting platform and it seems like they have been able to consistently grow revenues, but that has also meant big spending to fuel growth.

2018 Revenues – £2.44m (compared to £1.67m in 2017) – 45% growth YOY

Adminstrative expenses rose from £1.06m in 2017 to £4.01m in 2018.

Mixcloud raised its first ever funding round in April 2018: reported as $11.5m from US media group WndrCo.

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