SPOT - Spotify Technology S.A.
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Luxembourg,
Luxembourg
Type: Equity
SPOT price evolution
SPOT
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $3451 | $3114 | $2618 | $2550 |
| Short term investments | $1220 | $1100 | $1097 | $866 |
| Net receivables | $828 | $858 | $747 | $632 |
| Inventory | ||||
| Total current assets | $5644 | $5260 | $4695 | $4329 |
| Long term investments | $1534 | $1215 | $903 | $1015 |
| Property, plant & equipment | $498 | $547 | $618 | $624 |
| Goodwill & intangible assets | $1235 | $1221 | $1278 | $1253 |
| Total noncurrent assets | $3431 | $3086 | $2897 | $2983 |
| Total investments | $2754 | $2315 | $2000 | $1881 |
| Total assets | $9075 | $8346 | $7592 | $7312 |
| Current liabilities | ||||
| Accounts payable | $1048 | $978 | $945 | $893 |
| Deferred revenue | $634 | $622 | $599 | $536 |
| Short long term debt | ||||
| Total current liabilities | $3966 | $4090 | $3701 | $3546 |
| Long term debt | $1763 | $1696 | $1729 | $1689 |
| Total noncurrent liabilities | $1800 | $1733 | $1752 | $1712 |
| Total debt | $1763 | $1696 | $1729 | $1689 |
| Total liabilities | $5766 | $5823 | $5453 | $5258 |
| Shareholders' equity | ||||
| Retained earnings | -$3985 | -$4182 | -$4112 | -$4177 |
| Other shareholder equity | $1591.87 | $1636 | $1542 | |
| Total shareholder equity | $3309 | $2523 | $2139 | $2054 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $3114 | $2483 | $2744 | $1151 |
| Short term investments | $1100 | $867 | $756 | $596 |
| Net receivables | $858 | $695 | $621 | $464 |
| Inventory | ||||
| Total current assets | $5260 | $4352 | $4372 | $2366 |
| Long term investments | $1215 | $1138 | $916 | $2277 |
| Property, plant & equipment | $547 | $765 | $809 | $757 |
| Goodwill & intangible assets | $1221 | $1295 | $983 | $833 |
| Total noncurrent assets | $3086 | $3284 | $2798 | $3960 |
| Total investments | $2315 | $2005 | $1672 | $2873 |
| Total assets | $8346 | $7636 | $7170 | $6326 |
| Current liabilities | ||||
| Accounts payable | $978 | $588 | $793 | $638 |
| Deferred revenue | $622 | $520 | $458 | $380 |
| Short long term debt | ||||
| Total current liabilities | $4090 | $3516 | $3226 | $2900 |
| Long term debt | $1696 | $1683 | $1781 | $577 |
| Total noncurrent liabilities | $1733 | $1719 | $1825 | $621 |
| Total debt | $1696 | $1683 | $1781 | $577 |
| Total liabilities | $5823 | $5235 | $5051 | $3521 |
| Shareholders' equity | ||||
| Retained earnings | -$4182 | -$3647 | -$3220 | -$3290 |
| Other shareholder equity | $1591.87 | $1521 | $16.12 | $1927.16 |
| Total shareholder equity | $2523 | $2401 | $2119 | $2805 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3636 | $3671 | $3357 | $3177 |
| Cost of revenue | $2632 | $2691 | $2472 | $2411 |
| Gross Profit | $1004 | $980 | $885 | $766 |
| Operating activities | ||||
| Research & development | $389 | $468 | $369 | $453 |
| Selling, general & administrative | $447 | $587 | $484 | $560 |
| Total operating expenses | $836 | $1055 | $853 | $1013 |
| Operating income | $168 | -$75 | $32 | -$247 |
| Income from continuing operations | ||||
| EBIT | $227 | -$29 | $87 | -$214 |
| Income tax expense | -$23 | -$61 | $8 | $61 |
| Interest expense | $53 | $102 | $14 | $27 |
| Net income | ||||
| Net income | $197 | -$70 | $65 | -$302 |
| Income (for common shares) | $197 | -$70 | $65 | -$302 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $13247 | $11727 | $9668 | $7880 |
| Cost of revenue | $9850 | $8801 | $7077 | $5865 |
| Gross Profit | $3397 | $2926 | $2591 | $2015 |
| Operating activities | ||||
| Research & development | $1725 | $1387 | $912 | $837 |
| Selling, general & administrative | $2118 | $2198 | $1585 | $1471 |
| Total operating expenses | $3843 | $3585 | $2497 | $2308 |
| Operating income | -$446 | -$659 | $94 | -$293 |
| Income from continuing operations | ||||
| EBIT | -$285 | -$238 | $340 | -$199 |
| Income tax expense | $27 | $60 | $283 | -$128 |
| Interest expense | $220 | $132 | $91 | $510 |
| Net income | ||||
| Net income | -$532 | -$430 | -$34 | -$581 |
| Income (for common shares) | -$532 | -$430 | -$34 | -$581 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | $197 | -$70 | $65 | -$302 |
| Operating activities | ||||
| Depreciation | $31 | $34 | $36 | $44 |
| Business acquisitions & disposals | -$7 | |||
| Stock-based compensation | $69 | $34 | $85 | $97 |
| Total cash flows from operations | $211 | $397 | $211 | $13 |
| Investing activities | ||||
| Capital expenditures | -$5 | -$1 | -$1 | -$2 |
| Investments | -$98 | -$7 | -$205 | $127 |
| Total cash flows from investing | -$114 | -$5 | -$203 | $113 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $242 | $224 | $32 | $35 |
| Net borrowings | -$15 | -$11 | -$13 | -$27 |
| Total cash flows from financing | $202 | $194 | -$1 | -$8 |
| Effect of exchange rate | $38 | -$87 | $58 | -$11 |
| Change in cash and equivalents | $299 | $586 | $7 | $118 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$532 | -$430 | -$34 | -$581 |
| Operating activities | ||||
| Depreciation | $158 | $171 | $127 | $111 |
| Business acquisitions & disposals | -$7 | -$306 | -$115 | -$336 |
| Stock-based compensation | $321 | $381 | $223 | $176 |
| Total cash flows from operations | $680 | $46 | $361 | $259 |
| Investing activities | ||||
| Capital expenditures | -$6 | -$25 | -$85 | -$78 |
| Investments | -$211 | -$89 | $22 | $67 |
| Total cash flows from investing | -$217 | -$423 | -$187 | -$372 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $366 | $41 | $109 | $319 |
| Net borrowings | -$66 | -$43 | $1188 | -$24 |
| Total cash flows from financing | $234 | -$40 | $1250 | $285 |
| Effect of exchange rate | -$66 | $156 | $169 | -$98.24 |
| Change in cash and equivalents | $697 | -$417 | $1424 | $172 |
News
Fundamentals
| Market cap | $59.40B |
|---|---|
| Enterprise value | $57.71B |
| Shares outstanding | 198.33M |
| Revenue | $13.84B |
|---|---|
| EBITDA | $216.00M |
| EBIT | $71.00M |
| Net Income | -$110.00M |
| Revenue Q/Q | 19.53% |
| Revenue Y/Y | 14.31% |
| P/E ratio | -539.95 |
|---|---|
| EV/Sales | 4.17 |
| EV/EBITDA | 267.16 |
| EV/EBIT | 812.77 |
| P/S ratio | 4.29 |
| P/B ratio | 17.95 |
| Book/Share | 16.68 |
| Cash/Share | 17.40 |
| EPS | -$0.55 |
|---|---|
| ROA | -1.36% |
| ROE | -4.39% |
| Debt/Equity | 2.31 |
|---|---|
| Net debt/EBITDA | 10.72 |
| Current ratio | 1.42 |
| Quick ratio | 1.42 |