Spotify Technology SA

NYSE SPOT

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Spotify Technology SA Retention Ratio for the year ending December 31, 2023

Spotify Technology SA Retention Ratio is NA for the year ending December 31, 2023. The retention ratio, also known as the plowback ratio, measures the proportion of a company's earnings that are retained after paying dividends. It is calculated by dividing the net income minus dividends paid by the net income. This ratio indicates the percentage of earnings that are reinvested back into the company rather than being distributed to shareholders as dividends. A higher retention ratio suggests a higher level of reinvestment, indicating potential future growth opportunities.
  • Spotify Technology SA Retention Ratio for the year ending December 31, 2022 was 109.82%, a -84.44% change year over year.
  • Spotify Technology SA Retention Ratio for the year ending December 31, 2021 was 705.58%, a 570.94% change year over year.
  • Spotify Technology SA Retention Ratio for the year ending December 31, 2020 was 105.16%, a 5.16% change year over year.
  • Spotify Technology SA Retention Ratio for the year ending December 31, 2019 was 100.00%, a 0.00% 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 20, 2024

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