SpoonLabs Inc.

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SpoonLabs Inc. - overview

Established

2013

Location

Seoul, -, South Korea

Primary Industry

Software

About

Based in Seoul, South Korea, and founded in 2013, SpoonLabs Inc. (formerly Spoon Radio Inc. ) operates as a technology company that developed a mobile application where anyone can live stream or broadcast their own recorded radio programs and podcasts. In September 2024, SpoonLabs Inc.


raised KRW 120 billion in venture funding from Krafton. Spoon is an audio live-streaming platform where users can engage in real-time conversations and connect with a community. The platform allows users to host live audio streams, participate as listeners, and engage with various content creators. Spoon offers features such as live broadcasts, podcasts, and playlists across a wide range of topics, from casual conversations to more structured discussions.


Users can interact with content through likes, comments, and by joining live sessions. The platform emphasizes creating a space for users to be themselves and find communities that align with their interests. It also provides a mobile app for easy access to live content.


Current Investors

Altos Ventures, KB Investment, 500 Global

Primary Industry

Software

Sub Industries

Social Networking & Communication Platform, Music & Video Streaming Software, Radio Broadcasting & Programming, Digital Media

Website

www.spoonlabs.com/

Verticals

Cloud Computing, Mobile Apps, Social Media

Company Stage

Series C

Total Amount Raised

Subscriber access only

SpoonLabs Inc. - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)24,474,582,33049,113,494,86848,396,236,12844,409,286,356---
% Revenue Growth (YoY)-100.7%(1.5%)(8.2%)---
EBITDA (USD)(18,068,923,018)(25,066,651,959)(19,364,278,655)6,192,372,626---
Operating Income (USD)(18,142,098,328)(25,195,687,386)(19,566,605,113)6,017,712,116---
Operating Margin(74.1%)(51.3%)(40.4%)13.6%---
% EBITDA Margin(73.8%)(51.0%)(40.0%)13.9%---
NET Income (USD)(17,510,236,410)(20,527,833,237)(19,576,069,061)5,548,166,145---
% Net Margin(71.5%)(41.8%)(40.4%)12.5%---

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