Spotify Technology SA

Company Profile

Spotify Technology SA had its IPO on 2018-04-03 under the ticker symbol SPOT.

The company operates in the Communication Services sector and Internet Content & Information industry. Spotify Technology SA has a staff strength of 8,359 employees.

Stock update

Shares of Spotify Technology SA opened at $156.65 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $154.02 - $158.27, and closed at $154.65.

This is a -1.91% slip from the previous day's closing price.

A total volume of 805,607 shares were traded at the close of the day’s session.

In the last one week, shares of Spotify Technology SA have slipped by -1.85%.

Spotify Technology SA's Key Ratios

Spotify Technology SA has a market cap of $30.67 billion, indicating a price to book ratio of 6.5088 and a price to sales ratio of 1.2422.

In the last 12-months Spotify Technology SA’s revenue was $12.42 billion with a gross profit of $2.93 billion and an EBITDA of $-599000000. The EBITDA ratio measures Spotify Technology SA's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Spotify Technology SA’s operating margin was -5.35% while its return on assets stood at -5.66% with a return of equity of -44.22%.

In Q2, Spotify Technology SA’s quarterly earnings growth was a positive 56.9% while revenue growth was a positive 10.9%.

Spotify Technology SA’s PE and PEG Ratio

Forward PE

243.9024

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-5.7 per share while it has a forward price to earnings multiple of 243.9024 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Spotify Technology SA’s profitability.

Spotify Technology SA stock is trading at a EV to sales ratio of 1.1873 and a EV to EBITDA ratio of 112.2488. Its price to sales ratio in the trailing 12-months stood at 1.2422.

Spotify Technology SA stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$7.31 billion

Total Liabilities

$3.87 billion

Operating Cash Flow

$-9000000.00

Capital Expenditure

$2 million

Dividend Payout Ratio

0%

Spotify Technology SA ended 2024 with $7.31 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.31 billion while shareholder equity stood at $-4558053251.00.

Spotify Technology SA ended 2024 with $0 in deferred long-term liabilities, $3.87 billion in other current liabilities, 0.00 in common stock, $-4558053251.00 in retained earnings and $1.25 billion in goodwill. Its cash balance stood at $2.78 billion and cash and short-term investments were $3.70 billion. The company’s total short-term debt was $-536,000,000 while long-term debt stood at $1.17 billion.

Spotify Technology SA’s total current assets stands at $4.72 billion while long-term investments were $1.02 billion and short-term investments were $917.72 million. Its net receivables were $640.00 million compared to accounts payable of $679.83 million and inventory worth $134.57 million.

In 2024, Spotify Technology SA's operating cash flow was $-9000000.00 while its capital expenditure stood at $2 million.

Comparatively, Spotify Technology SA paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$154.65

52-Week High

$182

52-Week Low

$69.285

Analyst Target Price

$172

Spotify Technology SA stock is currently trading at $154.65 per share. It touched a 52-week high of $182 and a 52-week low of $182. Analysts tracking the stock have a 12-month average target price of $172.

Its 50-day moving average was $151.28 and 200-day moving average was $128.3 The short ratio stood at 1.14 indicating a short percent outstanding of 0%.

Around 2763.3% of the company’s stock are held by insiders while 5840.2% are held by institutions.