Spotify Overview

  • Founded
  • 2006
Founded
  • Status
  • Public
  • Employees
  • 4,405
Employees
  • Stock Symbol
  • SPOT
Stock Symbol
  • Investments
  • 27
  • Share Price
  • $284.99
  • (As of Tuesday 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
Private Equity-Backed
Primary Industry
Entertainment Software
Other Industries
Movies, Music and Entertainment
Application Software
Stock Exchange
NYS
Primary Office
  • Regeringsgatan 19
  • 111 53 Stockholm
  • Sweden
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Spotify Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$284.99 $291.37 $109.18 - $299.67 $54B 190M 1.51M -$4.01

Spotify Financials Summary

In Thousands,
USD 		TTM 30-Sep-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 44,123,902 25,126,754 18,510,126
Revenue 8,469,985 7,571,924 6,205,969 4,612,557
EBITDA (640,258) (35,822) (188,811) (1,346,551)
Net Income (744,356) (208,217) (92,045) (1,392,789)
Total Assets 6,767,244 5,737,521 4,959,963 3,727,476
Total Debt 695,040 696,747 0 1,132,519
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
4,405 As of 2019
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000000, 00000 000 0000000000000
Seattle, WA
000 As of 0000
000.00
000 0000-00-00
000000&0

00000

velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident,
000000, 00000 000 0000000000000
Malmö, Sweden
000 As of 0000
0000 0000-00-00
00000000000
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Spotify Competitors (9)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Napster Formerly VC-backed Seattle, WA 000 000.00 000000&0
00000 Corporate Backed or Acquired Malmö, Sweden 000 00000000000
00000 Formerly VC-backed Mumbai, India 000 00000 000000000000
0000000 Venture Capital-Backed Jal El Dib, Lebanon 000 0000 0000000000 0
00000 Venture Capital-Backed Pantin, France 00 000.00 00000000000 000.00
You’re viewing 5 of 9 competitors. Get the full list »

Spotify Executive Team (60)

Name Title Board Seat Contact Info
Daniel Ek Chief Executive Officer & Chairman
Gustav Söderström Chief Research & Development Officer
Oskar Stal Vice President of User Engagement
Katarina Berg Executive
Paul Vogel Chief Financial Officer, Finance
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Spotify Board Members (14)

Name Representing Role Since
00000 00000000 Spotify Board Member 000 0000
00000000000 00000000 Spotify Board Member 000 0000
00000000 00000000 Spotify Board Member 000 0000
000000 00 Spotify Chief Executive Officer & Chairman 000 0000
00000 0'00000 Self Board Member 000 0000
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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 (27)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 (0000000 10-Nov-2020 000000000000000000 00000 Business/Productivity Software
000 000000 22-Feb-2020 000000000000000000 00000 Other Media 0000 0000000
00000000000 12-Sep-2019 000000000000000000 Multimedia and Design Software 00000000 00000
0000000 26-Mar-2019 000000000000000000 00000 Movies, Music and Entertainment 0000 0000000
Anchor FM 06-Feb-2019 Merger/Acquisition 00000 Application Software 000000 00
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Spotify Subsidiaries (12)

Company Name Industry Location Founded
Parcast Movies, Music and Entertainment Los Angeles, CA 2016
0000000000 Database Software New York, NY 0000
000000000 Entertainment Software London, United Kingdom 0000
000 000000 Other Media Los Angeles, CA 0000
000000 00 Application Software New York, NY 0000
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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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