Spotify Overview

  • Founded
  • 2006
Founded
  • Status
  • Public
  • Employees
  • 6,617
Employees
  • Stock Symbol
  • SPOT
Stock Symbol
  • Investments
  • 34
  • Share Price
  • $107.27
  • (As of Friday Closing)

Spotify General Information

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.

Contact Information

Website
www.spotify.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Entertainment Software
Other Industries
Application Software
Movies, Music and Entertainment
Stock Exchange
NYS
Primary Office
  • Regeringsgatan 19
  • 111 53 Stockholm
  • Sweden
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Spotify Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$107.27 $105.77 $89.03 - $305.60 $20.7B 193M 2.28M $0.45

Spotify Financials Summary

In Thousands,
USD 		TTM 31-Mar-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 27,149,094 43,112,823 58,118,346 25,126,754
Revenue 11,826,333 11,430,463 8,982,514 7,571,924
EBITDA 550,548 491,836 (639,491) (35,822)
Net Income 85,951 (40,198) (662,289) (208,217)
Total Assets 7,856,378 8,118,023 7,780,771 5,737,521
Total Debt 1,934,238 2,016,485 709,691 696,747
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Spotify Valuation & Funding

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

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Spotify Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with over
Entertainment Software
Stockholm, Sweden
6,617 As of 2021
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Paris, France
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Mumbai, India
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Spotify Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Deezer Private Equity-Backed Paris, France 000 00000 000000000 00000
00000 Formerly VC-backed Mumbai, India 000 00000 000000000000
0000000 Formerly VC-backed San Francisco, CA 00 000 000000&0
0000000 Corporate Backed or Acquired Seattle, WA 000 000.00 000000&0
00000 Corporate Backed or Acquired New York, NY 000 000000&0
You’re viewing 5 of 8 competitors. Get the full list »

Spotify Patents

  • 1,035

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 199

    Granted

  • 57

    Pending

  • 000

    Expiring in next 12 mo

Spotify Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210158791-A1 Automatic preparation of a new midi file Pending 20-Jul-2020 0000000000
US-11197068-B1 Methods and systems for interactive queuing for shared listening sessions based on user satisfaction Active 16-Jun-2020 00000000000 00
US-20210374555-A1 Systems and methods for performing random walks on knowledge graphs Pending 29-May-2020 00000000
US-20210358474-A1 Systems and methods for generating audible versions of text sentences from audio snippets Pending 14-May-2020 000000000
US-20210350790-A1 Systems and methods for inferring the language of media content item Pending 06-May-2020 G10L15/005
To view Spotify’s complete patent history, request access »

Spotify Executive Team (64)

Name Title Board Seat Contact Info
Daniel Ek Chief Executive Officer & Chairman
Gustav Söderström Chief Research & Development Officer
Oskar Stal Vice President of Personalization
Katarina Berg Executive
Paul Vogel Chief Financial Officer, Finance
You’re viewing 5 of 64 executive team members. Get the full list »

Spotify Board Members (14)

Name Representing Role Since
Christopher Marshall Self Board Member 000 0000
Cristina Stenbeck Spotify Board Member 000 0000
Daniel Ek Spotify Chief Executive Officer & Chairman 000 0000
Heidi O'Neill Self Board Member 000 0000
Martin Lorentzon Spotify Founder & Board Member 000 0000
You’re viewing 5 of 14 board members. Get the full list »

Spotify Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Spotify Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Spotify Investments & Acquisitions (34)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 (000000 19-May-2022 0000 00000 00.000 Social/Platform Software 0000 0000
000000000 17-Feb-2022 0000000000 Media and Information Services (B2B) 0000000 0
000000000 16-Feb-2022 0000000000 Media and Information Services (B2B) 0000000 0
000000000 16-Dec-2021 0000000000 Business/Productivity Software 0000 0000
Findaway 11-Nov-2021 Merger/Acquisition Movies, Music and Entertainment 000000 0ö
You’re viewing 5 of 34 investments and acquisitions. Get the full list »

Spotify Subsidiaries (15)

Company Name Industry Location Founded
Betty Labs Social/Platform Software Los Angeles, CA 2018
000000000 Media and Information Services (B2B) New York, NY 0000
0000000 Movies, Music and Entertainment Los Angeles, CA 0000
0000000000 Business/Productivity Software New York, NY 0000
000000000 Entertainment Software London, United Kingdom 0000
You’re viewing 5 of 15 subsidiaries. Get the full list »

Spotify Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 04-Jun-2013 00000 00000 00 000.00 Completed
  • 13 buyers
DueDil 11-Apr-2013 Early Stage VC 00.000 Completed
  • 7 buyers
To view Spotify’s complete exits history, request access »