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Spotify

Spotify
2006 FOUNDED
PUBLIC STATUS
1K-5K EMPLOYEES
SPOT STOCK SYMBOL
26 INVESTMENTS
$145.97 SHARE PRICE (As of Tuesday Closing)
Description

Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with over 150 million total listeners. The firm monetizes its users through both a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 90% and 10% of Spotify's 2017 total revenue, respectively.

Website
Ownership Status
Publicly Held
Financing Status
Potential Target
Primary Industry
Entertainment Software
Other Industries
Application Software
Stock Exchange
NYS
Primary Office
  • Regeringsgatan 19
  • 111 53 Stockholm
  • Sweden
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Spotify Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$103.29 - $161.38 $25.5B $146.31 $2.90 1.6M 175M

Spotify Financials Summary

In Thousands,
USD
TTM
30-Sep-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 19,378,442 18,510,126
Revenue 7,223,996 6,205,969 4,612,557 3,265,342
EBITDA 23,689 (188,811) (1,346,551) (549,754)
Net Income 524,541 (92,045) (1,392,789) (596,213)
Total Assets 5,509,907 4,959,963 3,727,476 2,208,573
Total Debt 676,156 0 1,132,519 1,169,492
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Spotify Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Spotify Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Soundtrack Your Brand Venture Capital-Backed Stockholm, Sweden 00 000.00 00000000000 000.00
0000000000 Venture Capital-Backed Berlin, Germany 000 00000 0&0
00000 Corporate Backed or Acquired Malmö, Sweden 000 00000000000
0000000 Formerly VC-backed Seattle, WA 000 000.00 000000&0 000.00
000000 Private Equity-Backed Paris, France 000 00000 0000000 0000 00000
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Spotify Investments & Acquisitions (26)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000000 12-Sep-2019 000000000000000000 Multimedia and Design Software 00000000 00000
0000000 26-Mar-2019 000000000000000000 000.00 Movies, Music and Entertainment 0000 0000000
000000 00 06-Feb-2019 000000000000000000 00000 Application Software 000000 00
000000 00000 06-Feb-2019 000000000000000000 00000 Broadcasting, Radio and Television
DistroKid 17-Oct-2018 PE Growth/Expansion Business/Productivity Software
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Spotify Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 04-Jun-2013 00000 00000 00 000.00 Completed
  • 13 buyers
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Spotify Subsidiaries (9)

Company Name Industry Location Founded
Parcast Movies, Music and Entertainment Los Angeles, CA 2016
0000000000 Database Software New York, NY 0000
000000000 Application Software London, United Kingdom 0000
000000 00 Application Software New York, NY 0000
0000 0000000 Application Software New York, NY 0000
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Spotify Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Spotify Executive Team (58)

Name Title Board
Seat
Contact
Info
Daniel Ek Chief Executive Officer & Chairman
Barry McCarthy Chief Financial Officer
Gustav Söderström Chief Product Officer and Chief Research and Development Officer
Oskar Stal Vice President of User Engagement
Katarina Berg Executive

29 Former Executives

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Spotify Board Members (12)

Name Representing Role Since Contact
Info
00000000000 00000000 Spotify Board Member 000 0000
00000000 00000000 Self Board Member 000 0000
000000 00 Spotify Chief Executive Officer & Chairman 000 0000
0000 000000000 TCV Board Member 000 0000
000000 000000000 Spotify Founder & Board Member 000 0000

3 Former Board Members

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