About
About Spotify Technology SA
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart 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 headquartered in Stockholm, Sweden.
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5 years, 4 months ago
Spotify Technology S.A is currently in a long term downtrend where the price is trading 6.6% below its 200 day moving average.
From a valuation standpoint, the stock is 70.5% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 5.5.
Spotify Technology S.A's total revenue rose by 16.9% to $2B since the same quarter in the previous year.
Its net income has increased by 40.2% to $-125M since the same quarter in the previous year.
Finally, its free cash flow fell by 57.9% to $72M since the same quarter in the previous year.
Based on the above factors, Spotify Technology S.A gets an overall score of 3/5.