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Introduction

Spotify reports accelerated user growth with subscribers at the top end of expectations.

Highlights

  • Music streaming service Spotify has published its fourth quarter and full year results for 2019, detailing both the company's financial position and its operating details. Total revenue for the three- and 12-month periods registered healthy growth with premium subscription and ad-supported service income rising at similar rates.

Features and Benefits

  • Details the final quarter and full year financial and operating results for Spotify.
  • Examines all of the published operational data with the guidance for the first quarter of 2020 and the full year.

Key questions answered

  • How many paying subscribers and monthly active users did Spotify end 2019 with?
  • How many new monthly active users and paying subscribers is Spotify expecting to add in 2020?

Table of contents

Ovum view

  • Summary
  • Revenue growth but a final quarter and full year net loss
  • Paying subscribers at the top end of expectations
  • No change in regional splits

Appendix

  • Author

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