Earnings Summary

Spotify Technology Sa’s revenue jumped 9.81% since last year same period to $3807Mn in the Q2 2024. On a quarterly growth basis, Spotify Technology Sa has generated 4.7% jump in its revenue since last 3-months.

Spotify Technology Sa’s net profit jumped 183.14% since last year same period to $274Mn in the Q2 2024. On a quarterly growth basis, Spotify Technology Sa has generated 39.09% jump in its net profits since last 3-months.

Spotify Technology Sa’s net profit margin jumped 175.71% since last year same period to 7.2% in the Q2 2024. On a quarterly growth basis, Spotify Technology Sa has generated 32.84% jump in its net profit margins since last 3-months.

Spotify Technology Sa’s earning per share (EPS) estimates for the current quarter stand at 1.17 - a 80% jump from last quarter’s estimates.

Spotify Technology Sa’s earning per share (EPS) estimates for the current year stand at 1.17.

Spotify Technology Sa’s earning per share (EPS) jumped 193.55% since last year same period to 1.45 in the Q2 2024. This indicates that the Spotify Technology Sa has generated 193.55% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Spotify Technology Sa’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Spotify Technology Sa’s return on equity (ROE) stands at -0.04.