Spotify Technology SA

NYSE SPOT

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Spotify Technology SA Gross Profit Margin for the year ending December 31, 2023: 25.64%

Spotify Technology SA Gross Profit Margin is 25.64% for the year ending December 31, 2023, a 2.78% change year over year. Gross Profit Margin represents the percentage of revenue that represents gross profit, indicating the efficiency of a company's production and pricing.
  • Spotify Technology SA Gross Profit Margin for the year ending December 31, 2022 was 24.95%, a -6.90% change year over year.
  • Spotify Technology SA Gross Profit Margin for the year ending December 31, 2021 was 26.80%, a 4.80% change year over year.
  • Spotify Technology SA Gross Profit Margin for the year ending December 31, 2020 was 25.57%, a 0.44% change year over year.
  • Spotify Technology SA Gross Profit Margin for the year ending December 31, 2019 was 25.46%, a -1.05% change year over year.
NYSE: SPOT

Spotify Technology SA

CEO Mr. Daniel G. Ek
IPO Date April 3, 2018
Location Luxembourg
Headquarters 42-44, avenue de la Gare, Luxembourg City, Luxembourg, 1610
Employees 7,721
Sector Communication Services
Industry Internet content & information
Description

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. 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 users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg.

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StockViz Staff

September 16, 2024

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