Spotify Technology SA

NYSE SPOT

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Spotify Technology SA Tangible Book Value per Share 2 year CAGR for the quarter ending September 30, 2023

Spotify Technology SA Tangible Book Value per Share 2 year CAGR is NA for the quarter ending September 30, 2023. Tangible book value per share represents the shareholders' equity (tangible) minus goodwill and intangible assets divided by the weighted average number of outstanding shares. It provides the value of tangible assets per share owned by the shareholders. This ratio helps investors assess the tangible asset value relative to the number of shares outstanding. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Spotify Technology SA Tangible Book Value per Share for the quarter ending March 31, 2022 was 0.01.
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 19, 2024

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