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Sirius XM Radio (SIRI)
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SIRI » Topics » Subscribers:

This excerpt taken from the SIRI 8-K filed Sep 9, 2008.

Subscribers

 

 

•

The company expects to end 2008 with approximately 19.5 million subscribers and to end 2009 with approximately 21.5 million subscribers.
This excerpt taken from the SIRI 10-Q filed Nov 1, 2007.
Subscribers. We ended the third quarter of 2007 with 7,667,476 subscribers, an increase of 50% from the 5,119,308 subscribers as of September 30, 2006. Since September 30, 2006, we added 946,233 net subscribers from our retail channel and 1,601,935 net subscribers from our OEM channel, resulting in a 27% and 98% increase in our retail and OEM subscriber base, respectively.

          The following table presents our key operating metrics for the three and nine months ended September 30, 2007 and 2006:

   
For the Three Months
Ended September 30, 		  For the Nine Months
Ended September 30,
   
2007
   
2006
     
2007
     
2006
 
Gross subscriber additions  
999,284    
732,406       2,989,887       2,523,587  
Deactivated subscribers  
474,346    
291,305       1,346,966       720,839  
Average monthly churn (1)(6)  
2.1 %  
2.0 %     2.2 %     1.8 %
ARPU (2)(6)  
$
10.71    
$
11.17     $ 10.63     $ 11.05  
SAC, as adjusted, per gross  
     
                   
     subscriber addition (3)(6)  
$
103    
$
114     $ 105     $ 119  
Customer service and billing  
     
                   
     expenses, as adjusted, per  
     
                   
     average subscriber (4)(6)  
$
0.95    
$
1.14     $ 1.04     $ 1.28  
Total revenue  
$
241,786    
$
167,113     $ 672,250     $ 443,855  
Free cash flow (5)(6)  
$
(67,799 )  
$
(232,356 )   $ (294,545 )   $ (531,124 )
Adjusted loss from operations (7)  
$
(56,892 )  
$
(83,153 )   $ (220,190 )   $ (346,331 )
Net loss  
$
(120,137 )  
$
(162,898 )   $ (399,029 )   $ (859,270 )

          

This excerpt taken from the SIRI 10-Q filed Aug 9, 2007.
Subscribers. We ended the second quarter of 2007 with 7,142,538 subscribers, an increase of 19% since December 31, 2006 and 53% from the 4,678,207 subscribers as of June 30, 2006. Since June 30, 2006, we added 1,088,031 net subscribers from our retail channel and 1,385,029 net subscribers from our OEM channel, resulting in a 33% and 101% increase in our retail and OEM subscriber base, respectively.

          The following table presents our key operating metrics for the past five quarters:

For the Three Months Ended
June 30, March 31, December 31, September 30, June 30,
2007 2007 2006 2006 2006
Gross subscriber additions     1,002,145       988,458       1,234,576       732,406       830,571  
Deactivated subscribers     440,652       431,968       329,329       291,305       230,111  
Average monthly churn (1)(6)     2.1%     2.3%     2.0%     2.0%     1.8%
ARPU (2)(6)   $ 10.71     $ 10.46     $ 10.92     $ 11.17     $ 11.16  
SAC, as adjusted, per gross                                        
   subscriber addition(3)(6)   $ 108     $ 104     $ 103     $ 114     $ 131  
Customer service and billing                                        
   expenses, as adjusted, per                                        
   average subscriber (4)(6)   $ 1.05     $ 1.15     $ 1.60     $ 1.14     $ 1.20  
Total revenue   $ 226,427     $ 204,037     $ 193,380     $ 167,113     $ 150,078  
Free cash flow (5)(6)   $ (80,031 )   $ (146,715 )   $ 30,409     $ (232,356 )   $ (133,231 )
Adjusted loss from operations (7)   $ (79,299 )   $ (83,999 )   $ (166,809 )   $ (83,153 )   $ (126,528 )
Net loss   $ (134,147 )   $ (144,745 )   $ (245,597 )   $ (162,898 )   $ (237,828 )

          

This excerpt taken from the SIRI 10-Q filed May 10, 2007.
Subscribers. We ended the first quarter of 2007 with 6,581,045 subscribers, an increase of 9% since December 31, 2006 and 61% from the 4,077,747 subscribers as of March 31, 2006. Since March 31, 2006, we added 1,234,483 net subscribers from our retail channel and 1,274,647 net subscribers from our OEM channel, resulting in a 41% and 122% increase in our retail and OEM subscriber base, respectively.

          The following table presents our key operating metrics for the past five quarters:

   
For the Three Months Ended
     
March 31,
     
December 31,
     
September 30,
     
June 30,
      March 31.  
     
2007
         
2006
         
2006
         
2006
         
2006
 
Gross subscriber additions     988,458       1,234,576       732,406       830,571       960,610  
Deactivated subscribers     431,968       329,329       291,305       230,111       199,423  
Average monthly churn (1)(6)     2.3%       2.0%       2.0%       1.8%       1.8%  
ARPU (2)(6)  
$
10.46     $ 10.92    
$
11.17     $ 11.16    
$
10.80  
SAC, as adjusted, per gross  
             
             
   
     subscriber addition (3)(6)  
$
104     $ 103    
$
114     $ 131    
$
113  
Customer service and billing  
             
             
   
     expenses, as adjusted, per  
             
             
   
     average subscriber (4)(6)  
$
1.15     $ 1.60    
$
1.14     $ 1.20    
$
1.55  
Total revenue  
$
204,037     $ 193,380    
$
167,113     $ 150,078    
$
126,664  
Free cash flow (5)(6)  
$
(146,715 )   $ 30,409     $ (232,356 )   $ (133,231 )  
$
(165,537 )
Adjusted loss from operations (7)  
$
(83,999 )   $ (166,809 )   $ (83,153 )   $ (126,528 )  
$
(136,650 )
Net loss  
$
(144,745 )   $ (245,597 )   $ (162,898 )   $ (237,828 )  
$
(458,544 )

24

          

This excerpt taken from the SIRI 8-K filed Aug 1, 2006.

Subscribers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months
Ended June 30,

 

For the Six Months
Ended June 30,

 

 

 

 

 

 

 

2006

 

2005

 

2006

 

2005

 

 

 

 

 

 

 

Beginning subscribers

 

 

4,077,747

 

 

1,448,695

 

 

3,316,560

 

 

1,143,258

 

Net additions

 

 

600,460

 

 

365,931

 

 

1,361,647

 

 

671,368

 

 

 

 

 

 

 

Ending subscribers

 

 

4,678,207

 

 

1,814,626

 

 

4,678,207

 

 

1,814,626

 

Retail

 

 

3,276,615

 

 

1,354,798

 

 

3,276,615

 

 

1,354,798

 

OEM

 

 

1,373,610

 

 

432,988

 

 

1,373,610

 

 

432,988

 

Hertz

 

 

27,982

 

 

26,840

 

 

27,982

 

 

26,840

 
This excerpt taken from the SIRI 10-Q filed May 9, 2006.

Subscribers:

          As of March 31, 2006, we had 4,077,747 subscribers compared with 3,316,560 subscribers as of December 31, 2005 and 1,448,695 subscribers as of March 31, 2005. Our subscriber totals include subscribers under our regular pricing plans, as well as subscribers currently in promotional periods; subscribers that have prepaid, including payments received from automakers for prepaid subscriptions included in the sale or lease price of a new vehicle; and active SIRIUS radios under our agreement with Hertz.

          The following table contains a breakdown of our subscribers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

 

 

 

March 31,
2006

 

December 31,
2005

 

September 30,
2005

 

June 30,
2005

 

March 31,
2005

 

 

 

 

 

 

 

 

Retail

 

 

3,000,321

 

 

2,465,363

 

 

1,564,718

 

 

1,354,798

 

 

1,109,813

 

OEM

 

 

1,049,036

 

 

823,693

 

 

581,988

 

 

432,988

 

 

311,324

 

Hertz

 

 

28,390

 

 

27,504

 

 

27,214

 

 

26,840

 

 

27,558

 

 

 

 

 

 

 

 

Total subscribers

 

 

4,077,747

 

 

3,316,560

 

 

2,173,920

 

 

1,814,626

 

 

1,448,695

 

 

 

 

 

 

 

 

16

          We expect an increasing proportion of our subscribers will be generated through our relationships with automakers, or OEMs. We believe our ability to attract and retain subscribers depends in large part on creating and sustaining distribution channels for SIRIUS radios and on the quality and entertainment value of our programming. We expect to concentrate our future efforts on enhancing and refining our programming, whether through additional agreements with third parties or our own creative efforts; introducing SIRIUS radios with new features and functions; and expanding the distribution of SIRIUS radios through arrangements with automakers and through additional retail points-of-sale.

This excerpt taken from the SIRI 10-K filed Mar 13, 2006.

Subscribers:

      As of December 31, 2005, we had 3,316,560 subscribers compared with 1,143,258 subscribers as of December 31, 2004. Our subscriber totals include subscribers under our regular pricing plans, as well as subscribers currently in promotional periods; subscribers that have prepaid, including payments received from automakers for prepaid subscriptions included in the sale or lease price of a new vehicle; and active SIRIUS radios under our agreement with Hertz.

      The following table contains a breakdown of our subscribers:

      As of December 31,
      2005
   2004
   2003
      

Retail

        2,465,363          911,255          215,227  
      

OEM

        823,693          203,469          21,823  
      

Hertz

        27,504          28,534          24,011  
          
        
        
 
      

Total subscribers

        3,316,560          1,143,258          261,061  
          
        
        
 
      

                       

      We expect an increasing proportion of our subscribers will be generated through our relationships with automakers, or OEMs. We believe our ability to attract and retain subscribers depends in large part on creating and sustaining distribution channels for SIRIUS radios and on the quality and entertainment value of our programming. We expect to concentrate our future efforts on enhancing and refining our programming, whether through additional agreements with third parties or our own creative efforts; introducing SIRIUS radios with new features and functions; and expanding the distribution of SIRIUS radios through arrangements with automakers and through additional retail points-of-sale.

This excerpt taken from the SIRI 10-Q filed Nov 8, 2005.

Subscribers:

    As of  
   
 
    September 30,
2005 		  June 30,
2005 		  March 31,
2005 		  December 31,
2004 		  September 30,
2004 		 
   
 
 
 
 
 
Retail     1,564,718     1,354,798     1,109,813     911,255     534,871  
OEM     581,988     432,988     311,324     203,469     100,261  
Hertz     27,214     26,840     27,558     28,534     27,157  
   
 
 
 
 
 
        Total subscribers     2,173,920     1,814,626     1,448,695     1,143,258     662,289  
   
 
 
 
 
 
This excerpt taken from the SIRI 10-Q filed May 9, 2005.

Subscribers:

 

 

 

As of

 

 

 

March 31,
2005

 

December 31,
2004

 

September 30,
2004

 

June 30,
2004

 

March 31,
2004

 

Retail

 

971,241

 

797,039

 

448,328

 

344,349

 

263,164

 

OEM and special markets

 

449,896

 

317,685

 

186,804

 

111,145

 

63,493

 

Hertz

 

27,558

 

28,534

 

27,157

 

24,847

 

25,006

 

Total subscribers

 

1,448,695

 

1,143,258

 

662,289

 

480,341

 

351,663

 

EXCERPTS ON THIS PAGE:

8-K
Sep 9, 2008
10-Q
Nov 1, 2007
10-Q
Aug 9, 2007
10-Q
May 10, 2007
8-K
Aug 1, 2006
10-Q
May 9, 2006
10-K
Mar 13, 2006
10-Q
Nov 8, 2005
10-Q
May 9, 2005

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