About spotify technology sa - SPOT
SPOT At a Glance
| Phone | N/A | Revenue | 14.32B | |
| Industry | Internet Software/Services | Net Income | -575,153,500.79 | |
| Sector | Technology Services | 2023 Sales Growth | 16.201% | |
| Fiscal Year-end | 12 / 2024 | Employees | N/A | |
| View SEC Filings |
SPOT Valuation
| P/E Current | 123.608 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 2.555 |
| Price to Book Ratio | 13.292 |
| Price to Cash Flow Ratio | 49.629 |
| Enterprise Value to EBITDA | -189.538 |
| Enterprise Value to Sales | 2.361 |
| Total Debt to Enterprise Value | 0.055 |
SPOT Efficiency
| Revenue/Employee | N/A |
| Income Per Employee | N/A |
| Receivables Turnover | 14.766 |
| Total Asset Turnover | 1.649 |
SPOT Liquidity
| Current Ratio | 1.286 |
| Quick Ratio | 1.286 |
| Cash Ratio | 1.03 |
SPOT Profitability
| Gross Margin | 25.432 |
| Operating Margin | -2.438 |
| Pretax Margin | -3.812 |
| Net Margin | -4.016 |
| Return on Assets | -6.623 |
| Return on Equity | -21.503 |
| Return on Total Capital | -12.341 |
| Return on Invested Capital | -12.754 |
SPOT Capital Structure
| Total Debt to Total Equity | 67.222 |
| Total Debt to Total Capital | 40.199 |
| Total Debt to Total Assets | 20.321 |
| Long-Term Debt to Equity | 67.222 |
| Long-Term Debt to Total Capital | 40.199 |
Spotify Technology Sa in the News
Celine Dion's music gets boost from Olympics opening ceremony, Spotify CEO says
Celine Dion’s Paris Olympics opening ceremony performance was a boon for her music on Spotify, giving her a 35% increase in global streams, the audio streaming giant’s CEO said Tuesday.
Spotify raising US prices for premium plans, again
Sweden-based audio streaming giant Spotify announced Monday it is raising prices for its Premium plans in the U.S. once again, after increasing subcription fees nearly a year ago.
Spotify CEO says layoffs brought 'more' disruption than expected but were 'right strategic decision'
Spotify Chief Executive Daniel Ek described the job cuts on Spotify’s earnings call as a "significant challenge" that the Sweden-based company contended with.
Spotify plans to raise prices later this year: report
Listening to Spotify will get more expensive for premium users when the company implements price increases in five non-U.S. markets in April, according to Bloomberg. They will hit the U.S. later in the year.
Apple hit with nearly $2B EU antitrust fine
The European Commission on Monday said Apple’s conduct may have led to iOS users paying “significantly higher" prices for music streaming subscriptions.
Prayer app Hallow takes top spot on Apple App Store
Christian prayer app Hallow took the top spot on Apple's App Store following a surge in downloads after its Super Bowl ad and a prayer challenge at the start of Lent.
Taylor Swift turns 34 and racks up big financial wins in 2023
Taylor Swift is having her 34th birthday Wednesday after 33 ended up being a very good year for the award-winning singer. FOX Business takes a look at her business-related feats from the year.
Spotify to cut 17% of its workforce in 3rd layoff this year despite Taylor Swift's success on the platform
Spotify, the music streaming giant that has seen growth over the past two years, announced its third layoff in 2023, roughly 17% of its workforce.
Spotify makes audiobooks free to paid subscribers
Spotify premium users will see their accounts get access to a maximum of 15 listening hours for audiobooks on a monthly basis, the company revealed Tuesday.
Prince Harry, Meghan Markle: Rival streamer says it ‘values’ partnership with couple after Spotify deal ends
Netflix said it "values" its partnership with Prince Harry and Meghan Markle after Spotify ended its podcast deal with the Duke and Duchess of Sussex.