For the second quarter of 2024, spotify projected revenue of about €3.8 billion (which would be an annual increase of about 19%). Spotify may get more expensive later this year for this ‘good’ reason:
Most notably, spotify disclosed q1 2024 operating income of $179.78 million/€168 million, up from a q4 2023 loss of $80.21 million/€75 million. Spotify stock was up 0.3% at $311.71 at the time of publication monday.
The Spotify Premium Prices In Usa Are Different Depending On Which Premium Plan You Choose:
Subscribers increased 14% y/y to 239 million.
This Valuation Is Based On The Company’s Most Recent Round Of Funding, Which Took Place In June 2018.
In a solid start to the year, spotify reported….
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Total Revenue Was Up 20% Y/Y To €3.6 Billion.
Spotify has never published an net profit.
Monthly Active Users Grew 19% Y/Y To 615 Million.
Spotify technology has a market cap or net worth of $61.56 billion as of june 12, 2024.