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.
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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Request full access to PitchBookSpotify 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 |
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 |
Spotify Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 00000 | 04-Jun-2013 | 00000 00000 00 | 000.00 | Completed |
|
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 |
Spotify Investors
| Investor Name | Investor Type | Holding | Participating Rounds | Investor Since | Board Seat | Contact Info |
|---|
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Request full access to PitchBookSpotify Executive Team (58)
29 Former Executives
You’re viewing 5 of 58 executives. Get the full list »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
You’re viewing 5 of 12 board members. Get the full list »