HomeSPOT • NYSE
Spotify Technology SA
$289.59
After Hours:
$289.40
(0.066%)-0.19
Closed: Apr 26, 8:00:00 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed security
Previous close
$289.02
Day range
$284.84 - $294.00
Year range
$128.67 - $319.30
Market cap
57.43B USD
Avg Volume
2.54M
P/E ratio
-
Dividend yield
-
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
(EUR)Mar 2024Y/Y change
Revenue
3.64B19.53%
Operating expense
836.00M-5.11%
Net income
197.00M187.56%
Net profit margin
5.42173.24%
Earnings per share
0.97183.62%
EBITDA
199.00M328.74%
Effective tax rate
-13.22%
Total assets
Total liabilities
(EUR)Mar 2024Y/Y change
Cash and short-term investments
4.67B35.86%
Total assets
9.08B20.53%
Total liabilities
5.77B11.16%
Total equity
3.31B
Shares outstanding
198.03M
Price to book
17.30
Return on assets
4.82%
Return on capital
8.98%
Net change in cash
(EUR)Mar 2024Y/Y change
Net income
197.00M187.56%
Cash from operations
211.00M257.63%
Cash from investing
-114.00M6.56%
Cash from financing
202.00M312.24%
Net change in cash
337.00M942.50%
Free cash flow
421.88M235.49%
About
Spotify is a Swedish audio streaming and media service provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. It is one of the largest music streaming service providers, with over 615 million monthly active users, including 239 million paying subscribers, as of March 2024. Spotify is listed on the New York Stock Exchange in the form of American depositary receipts. Spotify offers digital copyright restricted recorded audio content, including more than 100 million songs and six million podcast titles, from record labels and media companies. As a freemium service, basic features are free with advertisements and limited control, while additional features, such as offline listening and commercial-free listening, are offered via paid subscriptions. Users can search for music based on artist, album, or genre, and can create, edit, and share playlists. Spotify is available in most of Europe, as well as Africa, the Americas, Asia, and Oceania, with a total availability in 184 markets. Its users and subscribers are based largely in the US and Europe, jointly accounting for around 53% of users and 67% of revenue. Wikipedia
Founded
2006
Employees
7,721
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