“Miljardvinst Spotify reported a profit for the first time,”
“During the fourth quarter reports Spotify for the first time in the company’s history operating profit.”
“the Company’s main source of income, premiumanvändarna, increased by 25 million during the period.”
“the music service Spotify reported an operating prot for the fourth quarter, eur 94 million, nearly a billion dollars. During the corresponding period of the previous year, the company made a loss of € 87 million. Snittprognosen among analysts was a loss of 17 million euros, according to SEB.”
“In the company’s own prospects, there was talk about an operating profit in the fourth quarter in the range of 15 million euros to -35 million euros.”
“– I’m actually not so surprised. Premiumanvändarna increased as expected, however, the profitability was a little better than what I had anticipated, ” says Tomas Otterbeck, techanalytiker on aktieanalysfirman Redeye, and points out that the company on the last quarterly report flagged to the first positive operating income was not far away.”
“Profitability is not the most important.”
“it was as high as 94 million euros, he thinks, is associated with a stock option plan linked to the share price went down sharply in december. Profits at this level, the company probably did not expect the next time, according to Tomas Otterbeck.”
“– the Company has a very aggressive kostnadsstrategi, and the intent is not to show the huge profitability of. Now they have acquired a company and they want to invest more in staff and from an investor’s perspective, perhaps it is a bit odd that the company opt out of profitability in order to continue to accelerate. Their strategy is to continue to be the biggest and it costs.”
“At the end of the period, the number of monthly subscribers to 207 million, compared with 160 million at the same time a year earlier.”
“the Number of paying subscribers, the so-called premium users, which accounts for the biggest part of Spotify’s revenue, increased to 96 million, from 71 million a year earlier. According to the company, it is mainly a result of a successful marketing campaign with Google Home as well as the annual campaign in conjunction with the public holidays at christmas and the end of the year.”
“During the quarter, widened the Spotify its market into 78 countries, from the previous 65 and with the advent of the Middle east and north Africa.”
“In 2019, expect Spotify to the number of monthly users increasing 18-28 per cent in annual terms to 245-265 million people. The number of paying subscribers is expected to increase by 21-37 per cent to 117-127 million people.”
“the Revenue is expected to lift 21-29% to 6,35–6,80 billion, with a gross margin of 22-25%. And operating income is expected to drive a loss of 200-360 million.”
“the Company’s share was listed in april on the New York stock exchange. The share is currently trading for around $ 140 per share.”