Company Description
Spotify Technology SA is a digital music service offering music fans instant access to a world of music. The company operates through the following segments: Premium and Ad-Supported. The Premium segment provides subscribers with unlimited online and offline high-quality streaming access of music an...
Spotify Technology SA is a digital music service offering music fans instant access to a world of music. The company operates through the following segments: Premium and Ad-Supported. The Premium segment provides subscribers with unlimited online and offline high-quality streaming access of music and podcasts on computers, tablets, and mobile devices, users can connect through speakers, receivers, televisions, cars, game consoles, and smart watches. It also offers a music listening experience without commercial breaks. The Ad-Supported segment provides users with limited on-demand online access of music and unlimited online access of podcasts on their computers, tablets, and compatible mobile devices. It also serves both premium subscriber acquisition channel and a robust option for users who are unable or unwilling to pay a monthly subscription fee but still want to enjoy access to a wide variety of high-quality audio content. The company was founded by Daniel Ek and Martin Lorentzon in April, 2006 and is headquartered in Luxembourg.
Valuation
Price to Sales Ratio
6.57
Price to Book Ratio
17.44
Price to Cash Flow Ratio
199.91
Enterprise Value to Sales
6.41
Total Debt to Enterprise Value
0.01
Efficiency
Receivables Turnover
17.47
Total Asset Turnover
1.33
Liquidity
Current Ratio
0.82
Quick Ratio
0.82
Cash Ratio
0.60
Profitability
Gross Margin
25.34
Operating Margin
-3.49
Pretax Margin
-9.00
Net Margin
-7.37
Return on Assets
-9.82
Return on Equity
-23.16
Return on Total Capital
-8.80
Return on Invested Capital
-18.60
Capital Structure
Total Debt to Total Equity
20.57
Total Debt to Total Capital
17.06
Total Debt to Total Assets
9.12
Long-Term Debt to Equity
20.57
Long-Term Debt to Total Capital
17.06
Officers and Executives
| Name | Age | Officer Since | Title |
|---|---|---|---|
| Mr. Daniel Ek | 36 | 2006 | Chairman & Chief Executive Officer |
| Mr. Paul Aaron Vogel | 47 | 2016 | Chief Financial Officer |
| Mr. Stig Gustav Victor Söderström | 43 | 2009 | Chief Research & Development Officer |
| Mr. Alex Norstrom | 43 | - | Chief Premium Business Officer |
| Ms. Dawn Ostroff | 59 | 2018 | Chief Content & Advertising Business Officer |
Insider Actions
MarketWatch News on SPOT
-
Spotify started at neutral with $260 stock price target at Goldman Sachs
- Tomi Kilgore
-
Epic Games appeals ruling that Apple’s App Store is not a monopoly
- Associated Press
-
Tech Stocks Jump as Judge Forces Changes to Apple’s App Store
- Max A. Cherney
-
Apple's Risk Is Limited From App Store Decision
- Eric J. Savitz
-
Spotify upgraded to overweight from sector weight at KeyBanc Capital
- Tomi Kilgore
-
Apple Is Suddenly Yielding Ground to Critics. Why Now.
- Max A. Cherney
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