Company Spotify Technology S.A.

Equities

SPOT

LU1778762911

Internet Services

Real-time Estimate Cboe BZX 10:23:05 2024-07-15 am EDT 5-day change 1st Jan Change
306.1 USD +1.27% Intraday chart for Spotify Technology S.A. -2.76% +62.34%

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
Director of Finance/CFO - -
President 47 -
President 47 08-12-31
Director/Board Member 71 14-12-31
Investor Relations Contact - -
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 56 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 1 202,256,242 146,064,570 ( 72.22 %) 3,202,177 ( 1.583 %) 72.22 %

Shareholders

NameEquities%Valuation
21,476,145 10.83 % 6 739 M $
Baillie Gifford & Co.
10.82 %
21,462,079 10.82 % 6 735 M $
16,631,969 8.386 % 5 219 M $
Daniel Ek
6.769 %
13,424,407 6.769 % 4 212 M $
Eaton Vance Management
3.798 %
7,533,162 3.798 % 2 364 M $
T. Rowe Price International Ltd.
2.946 %
5,842,796 2.946 % 1 833 M $
Wellington Trust Co., NA
2.445 %
4,849,969 2.445 % 1 522 M $
T. Rowe Price Investment Management, Inc.
2.265 %
4,491,406 2.265 % 1 409 M $
BlackRock Advisors LLC
2.114 %
4,193,235 2.114 % 1 316 M $
Massachusetts Financial Services Co.
1.705 %
3,381,093 1.705 % 1 061 M $
NameEquities%Valuation
209,597,620 59.80 % 65 770 M $
Daniel Ek
38.30 %
134,244,070 38.30 % 42 124 M $
NameEquities%Valuation
Caixa DTVM SA
0.001461 %
11,594 0.001461 % 912 854 $
XP Allocation Asset Management Ltda.
0.000332 %
2,631 0.000332 % 207 152 $
Santander Brasil Gestão de Recursos Ltda.
0.000012 %
97 0.000012 % 7 637 $
BTG Pactual WM Gestão de Recursos Ltda.
0.000009 %
74 0.000009 % 5 826 $

Holdings

NameEquities%Valuation
282,830,698 16.47% 1,970,693,596 $

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
BUY
Number of Analysts
36
Last Close Price
277.2 EUR
Average target price
325.1 EUR
Spread / Average Target
+17.30%
Consensus
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