Company Spotify Technology S.A.

Equities

SPOT

LU1778762911

Internet Services

Market Closed - Nyse 04:00:02 2024-03-18 pm EDT 5-day change 1st Jan Change
254.2 USD -0.29% Intraday chart for Spotify Technology S.A. -0.12% +35.25%

Business Summary

Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.

Number of employees: 9,123

Sales per Business

USD in Million2022Weight2023Weight Delta
Premium
87.3 %
10,774 87.4 % 12,504 87.3 % +16.06%
Ad-Supported
12.7 %
1,551 12.6 % 1,817 12.7 % +17.16%

Sales per region

USD in Million2022Weight2023Weight Delta
Other Countries
51.2 %
6,195 50.3 % 7,333 51.2 % +18.36%
United States
39.4 %
4,952 40.2 % 5,649 39.4 % +14.07%
United Kingdom
9.3 %
1,170 9.5 % 1,330 9.3 % +13.68%
Luxembourg
0.1 %
7 0.1 % 10 0.1 % +32.26%

Managers

Managers TitleAgeSince
Chief Executive Officer 41 06-03-31
President 47 -
President 47 08-12-31
Director of Finance/CFO 51 15-12-31
Director/Board Member 71 14-12-31
Investor Relations Contact - -
Corporate Officer/Principal - -
General Counsel 55 19-12-31
Comptroller/Controller/Auditor - -
Human Resources Officer 55 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 17-06-12
Director/Board Member 59 16-09-12
Director/Board Member 62 17-06-12
Director/Board Member 71 14-12-31
Director/Board Member 55 15-06-15
Founder 55 06-03-31
Director/Board Member 44 17-06-12
Chief Executive Officer 41 06-03-31
Director/Board Member 59 17-12-04
Director/Board Member 57 21-04-20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 202,527,399 141,683,248 ( 69.96 %) 4,200,241 ( 2.074 %) 69.96 %

Shareholders

NameEquities%Valuation
Baillie Gifford & Co.
12.00 %
23,657,094 12.00 % 6 066 M $
21,476,145 10.89 % 5 507 M $
16,631,969 8.436 % 4 265 M $
Daniel Ek
6.809 %
13,424,407 6.809 % 3 442 M $
Eaton Vance Management
4.301 %
8,478,503 4.301 % 2 174 M $
T. Rowe Price International Ltd.
3.219 %
6,346,597 3.219 % 1 627 M $
T. Rowe Price Investment Management, Inc.
2.275 %
4,485,683 2.275 % 1 150 M $
TCMI, Inc.
1.986 %
3,915,595 1.986 % 1 004 M $
BlackRock Advisors LLC
1.915 %
3,775,521 1.915 % 968 M $
Massachusetts Financial Services Co.
1.874 %
3,694,193 1.874 % 947 M $
NameEquities%Valuation
209,597,620 59.80 % 53 743 M $
Daniel Ek
38.30 %
134,244,070 38.30 % 34 422 M $
NameEquities%Valuation
Caixa DTVM SA
0.001573 %
12,404 0.001573 % 796 343 $
Bram Bradesco Asset Management S/A DTVM
0.000443 %
3,490 0.000443 % 224 060 $
XP Allocation Asset Management Ltda.
0.000204 %
1,610 0.000204 % 103 363 $
BTG Pactual WM Gestão de Recursos Ltda.
0.000127 %
1,000 0.000127 % 64 201 $

Holdings

NameEquities%Valuation
282,830,698 16.47% 1,499,268,560 $

Company contact information

Spotify Technology SA

5, Place de la Gare

1616, Luxembourg

+

http://www.spotify.com
address Spotify Technology S.A.(SPOT)

Group companies

NameCategory and Sector
Internet Software/Services
Spotify India LLP

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
35
Last Close Price
233.8 EUR
Average target price
245.3 EUR
Spread / Average Target
+4.94%
Consensus