Company
Spotify Technology SA
Headquarters: Luxembourg, Luxembourg
Founded: 23 April 2006
Employees: 6,617
CEO: Mr. Daniel G. Ek
Market Cap
$62.66 Billion
USD as of July 1, 2024
Top Competitors by Market Capitalization
Detailed Description
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Stocks & Indices
Spotify Technology SA has the following listings and related stock indices.
Stock: NYSE: SPOT wb_incandescent
Stock: FSX: 639 wb_incandescent
Stock: XETR: 639 wb_incandescent
Stock: BCBA: SPOT wb_incandescent
Stock: BMV: SPOTN wb_incandescent
Stock: Bovespa: S1PO34 wb_incandescent
Key People
Founder(s): Daniel Ek Martin Lorentzon
Financials
Revenue: US$9.668 Billion (Fiscal Year Ended December 31, 2021)
Operating income: US$0.094 Billion (Fiscal Year Ended December 31, 2021)
Net income: US$–34 Million (Fiscal Year Ended December 31, 2021)
Total assets: US$7.170 Billion (Fiscal Year Ended December 31, 2021)
Total equity: US$2.119 Billion (Fiscal Year Ended December 31, 2021)