Spotify Technology SA Stock
€534.70
Your prediction
Spotify Technology SA Stock
Pros and Cons of Spotify Technology SA in the next few years
Pros
Cons
Performance of Spotify Technology SA vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Spotify Technology SA | -1.330% | 1.842% | 5.902% | 106.163% | 25.338% | 462.020% | 291.490% |
| Netflix Inc. | 0.130% | 3.708% | 16.053% | 93.488% | 16.147% | 453.191% | 160.577% |
| Expedia Inc. | 2.530% | -1.142% | -10.898% | 9.764% | -21.610% | -16.415% | 113.570% |
| eBay Inc. | -1.230% | 1.931% | -4.202% | 24.609% | 0.889% | 22.255% | 65.443% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Spotify Technology S.A. (SPOT) has made a substantial impact in the software and IT services industry, particularly within the music streaming sector. The financial statements and ratios present a complex picture of a company navigating through significant challenges while still demonstrating some strong fundamentals. Despite the apparent growth and market capital positioning, several areas remain concerning, indicating either the need for strategic pivots or more profound financial restructuring.
Robust Revenue Growth: The total revenue for the most recent fiscal year stands at approximately €14.47 billion, reflecting a Year-Over-Year (YOY) growth rate of 19.8%. This positive trajectory indicates strong consumer demand for Spotify's services, contributing to their position as a market leader in the streaming industry.
Growing Profits: Spotify reported an increase in gross profit to around €2.93 billion, which showcases the company's ability to retain a significant portion of its revenues after accounting for direct costs. This margin translates to a gross profit margin of approximately 20.2%.
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