Amount
Latest price
$624.185
(£1.00 = $1.241)
Number of shares (est.)
0
Market Cap
$129.99B
P/E ratio
115.99
EPS
$5.498
Beta
1.68
Dividend rate
N/A
Dividend yield
N/A
Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.
CEO
Mr. Daniel Ek
Employees
N/A
Sector
Telco
Company HQ
LUXEMBOURG, Luxembourg
Website
Spotify reported its first-ever profitable year with a beat on MAUs for the quarter, and I think profitable growth is here to stay. I'm reiterating my buy on SPOT based on my expectation of two things happening. The first is more near-term upside from the TikTok migration where MAUs are concerned.
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