Company Spotify Technology S.A.

SPOT

LU1778762911

Internet Services

Market Closed - Nyse Other stock markets 04:00:02 2025-07-16 pm EDT			Pre-market 07:48:03 am
705.55 ^USD	-0.69%		708.68	+0.44%

Jul. 15	SPOTIFY : Jefferies still a buyer ahead of results
Jul. 11	Wall Street Waits to Hear the Numbers

Business description: Spotify Technology S.A.

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: 7,691

Sales by Activity: Spotify Technology S.A.

Fiscal Period: December	2020	2021	2022	2023	2024
Premium	7.14B	8.46B	10.25B	11.57B	13.82B
Ad-Supported	745M	1.21B	1.48B	1.68B	1.85B

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Geographical breakdown of sales: Spotify Technology S.A.

Fiscal Period: December	2020	2021	2022	2023	2024
Other Countries	4.09B	4.98B	5.9B	6.78B	8.04B
United States	2.95B	3.69B	4.71B	5.22B	6.14B
United Kingdom	836M	994M	1.11B	1.23B	1.48B
Luxembourg	5M	6M	7M	9M	10M

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Executive Committee: Spotify Technology S.A.

Manager	Title	Age	Since
Daniel Ek CEO	Chief Executive Officer	42	2006-12-26
Christian Carl Peter Luiga DFI	Director of Finance/CFO	57	2004-09-15
Alex Norstrom PSD	President	49	2023-01-22
Stig Söderström PSD	President	49	2023-01-22
Bryan Daniel Goldberg IRC	Investor Relations Contact	-	2020-06-30

See SPOTIFY TECHNOLOGY S.A. governance

Composition of the Board of Directors: Spotify Technology S.A.

Director	Title	Age	Since
Daniel Ek CHM	Chairman	42	2006-12-26
Martin Lorentzon CHM	Chairman	56	2008-07-20
Thomas Staggs BRD	Director/Board Member	63	2017-06-12
Padmasree Warrior BRD	Director/Board Member	64	2017-06-12
Christopher Marshall BRD	Director/Board Member	57	2015-06-15
Shishir Mehrotra BRD	Director/Board Member	46	2017-06-12
Heidi O'Neill BRD	Director/Board Member	60	2017-12-04
Barry McCarthy BRD	Director/Board Member	72	2020-01-07
Theodore Sarandos BRD	Director/Board Member	60	2016-09-12
Mona Sutphen BRD	Director/Board Member	58	2021-04-20

Composition of the Board of Directors

Shareholders: Spotify Technology S.A.

Name	Equities	%	Valuation
Martin Lorentzon 9.811 %	20,000,000	9.811 %	15 347 M $
TENCENT HOLDINGS LIMITED 8.159 %	16,631,969	8.159 %	12 762 M $
Daniel Ek 6.119 %	12,473,298	6.119 %	9 571 M $
Baillie Gifford & Co. 5.317 %	10,838,982	5.317 %	8 317 M $
BlackRock Advisors LLC 3.997 %	8,147,809	3.997 %	6 252 M $

Name	Equities	%	Valuation
Martin Lorentzon 57.06 %	200,000,000	57.06 %	153 B $
Daniel Ek 35.59 %	124,732,980	35.59 %	95 713 M $

Name	Equities	%	Valuation
Caixa DTVM SA 0.001327 %	10,824	0.001327 %	2 M $
XP Allocation Asset Management Ltda. 0.000148 %	1,205	0.000148 %	230 718 $
BTG Pactual WM Gestão de Recursos Ltda. 0.000009 %	74	0.000009 %	14 169 $

List of SPOTIFY TECHNOLOGY S.A. shareholders

Holdings: Spotify Technology S.A.

Name	Equities	%	Valuation
TENCENT MUSIC ENTERTAINMENT GROUP 16.47%	282,830,698	16.47%	2,732,828,993 $

Company details: Spotify Technology S.A.

Spotify Technology SA

33, Boulevard Prince Henri

1724, Luxembourg

http://www.spotify.com

Group companies: Spotify Technology S.A.

Name	Category and Sector
Spotify USA, Inc. Spotify USA, Inc. Internet Software/ServicesTechnology Services Spotify USA, Inc. engages in the provision of music platform for all devices such as mobile, speaker, tablets and play station. It allows users to browse through the music collections of friends, artists and celebrities, as well as create a radio station. The company was founded by Martin Lorentzon and Daniel Ek in 2011 and is headquartered in New York, NY.	Internet Software/Services
Spotify India LLP
Spotify AB Spotify AB Internet Software/ServicesTechnology Services Spotify AB operates as holding company with interests in music streaming services. The company was founded by Daniel Ek and Martin Lorentzon in 2006 and is headquartered in Luxembourg.	Internet Software/Services

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Other Internet Services

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
SPOTIFY TECHNOLOGY S.A.	-0.69%	-2.29%	+136.37%	+589.48%	145B
TENCENT HOLDINGS LIMITED	+0.10%	+4.11%	+39.05%	+55.44%	596B
NETFLIX, INC.	-0.79%	-2.95%	+90.50%	+561.15%	532B
UBER TECHNOLOGIES, INC.	-1.58%	-6.09%	+22.14%	+318.78%	190B
PROSUS N.V.	+0.73%	+1.31%	+48.67%	+61.40%	126B
DOORDASH, INC.	-0.96%	-4.70%	+115.65%	+234.52%	99.37B
AIRBNB, INC.	+0.12%	-0.10%	-9.62%	+44.42%	84.38B
NASPERS LIMITED	-1.00%	+0.39%	+55.74%	+123.70%	48.64B
COSTAR GROUP, INC.	+1.25%	+0.76%	+10.61%	+42.11%	35.92B
TENCENT MUSIC ENTERTAINMENT GROUP	+0.70%	+5.36%	+41.71%	+394.01%	33.92B
Average	+0.38%	-0.14%	+55.08%	+242.50%	189.13B
Weighted average by Cap.	+0.34%	+0.08%	+61.71%	+281.89%