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Sunday, August 15, 2010

Details revealed in Skype IPO filings

As the start of an first public offering, Skype has filed financial forms with the Securities and Exchange Commission. The Skype IPO has been long predicted, though some surprising numbers were uncovered in the filings. After the IPO, the ownership structure of Skype will be intricate — though users are hoping that Skype will keep the no cost services it has become well-liked for.

Skype IPO filings reveal financial health

The Skype IPO is proposed at a value of about $ 100 million. Some analysts are very worried about the income and revenue unveiled within the SEC filings. The revenue of the business for the last six months is about $ 406 million. Skype reported its net income at $ 13 million . A 3 percent net margin means that Skype is not growing easily, though it is growing. The nine percent of users that pay for the service pay an average of $ 96 per year.

Skype’s new ownership structure

Once the Skype IPO is completed, the ownership structure can be somewhat intricate. American shares are being offered in the business, although it is situated in Luxemborg. There could be 3 owners of the business – private investors, employees, and stock holders. Skype S.A. will issue the stocks and be owned by these groups. These stocks could be a part of Skype Global Holdco and Skype Global. These holding businesses can be split into Skype, Inc. and Springboard Finance, L.L.C. Springboard Finance, L.L.C., will own and operate 13 operating corporations like Skype Software and Skype Sweden .

The changes that might come following the Skype IPO

Skype claims that it is Initial Public Offering can be used mostly to raise funds. Some companies could be faced with fundamental changes after an IPO, though. The iPhone application is proving popular, and Skype is already making deals with many wireless carriers. Skype’s 500 million users will end up having to wait and see what effect the IPO has, because not even the IPO date is known for certain.



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