A recent filing with the SEC has confirmed what we’ve all been expecting. That’s right folks, Skype is going public. The VoIP service is looking to raise around $100 million in this first round of financing. The shares will trade on the NASDAQ Global Market, and be managed by the likes of JP Morgan and Goldman-Sachs. Analysts are expecting the IPO to be a success; Skype has been expanding and forging new business relationships.
Skype has 560 million registered users, 124 million of which are active monthly. 8.1 million pay for the service, averaging $96 per year. Skype managed to rake in $406 million in revenue and $13.2 million in profit in the first half of 2010. A big step up from the $99 million loss in 2009. Although, at the time, Ebay held a 65% stake in the company and there were disputes over just who owned what. Now that Skype’s original creators are back at the helm, many are expecting profits to continue.
Do you use Skype on a regular basis? Are you one of the 8.1 million that pay for the additional features? The SEC filings don’t divulge the details of how many shares are going out, but we’ll probably hear more at the date approaches.
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