Amuse.io is a new music upstart that has been getting a lot of press of late. Amuse.io has just released their official 2019 financials and it’s very interesting reading.
Revenues = $9.5 million USD
Profit / Loss = $10.9 million USD Loss
Staff = 49 staff
Cash Liquidity = 208%
This basically means that Amuse will need to raise another round of Venture Capital within the remainder of 2020 or start of 2021 to be able to survive.