Added to YB: 2024-02-14
Pitch date: 2024-02-13
SPOT [bullish]
Spotify Technology S.A.
+148.34%
current return
Author Info
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Company Info
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide.
Market Cap
$100.1B
Pitch Price
$240.72
Price Target
N/A
Dividend
N/A
EV/EBITDA
45.60
P/E
72.67
EV/Sales
5.61
Sector
Entertainment
Category
growth
Show full summary:
Spotify: Entering a New Chapter
SPOT transitioning from music streaming to audio network w/ podcasts & audiobooks. Q4: +28M MAU to 602M, subs to 236M, FCF €396M. Podcasts near breakeven, audiobooks require little capital. Margins & ARPU rising. Mgmt focused on efficiency & audio. Ads 14% of rev. Strong balance sheet points to operating leverage & profits in '24.
Read full article (7 min)