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SPOT

Spotify Technology Sa

$308.16

Earnings Summary

Revenue
$3636Mn
Net Profits
$197Mn
Net Profit Margins
5.42%

Highlights

Revenue:

Spotify Technology Sa’s revenue jumped 19.53% since last year same period to $3636Mn in the Q1 2024. On a quarterly growth basis, Spotify Technology Sa has generated -0.95% fall in its revenue since last 3-months.

Net Profits:

Spotify Technology Sa’s net profit jumped 187.56% since last year same period to $197Mn in the Q1 2024. On a quarterly growth basis, Spotify Technology Sa has generated 381.43% jump in its net profits since last 3-months.

Net Profit Margins:

Spotify Technology Sa’s net profit margin jumped 173.25% since last year same period to 5.42% in the Q1 2024. On a quarterly growth basis, Spotify Technology Sa has generated 384.14% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Spotify Technology Sa post its latest quarter earnings

EPS Estimate Current Quarter
1.2
EPS Estimate Current Year
1.2

Highlights

EPS Estimate Current Quarter:

Spotify Technology Sa’s earning per share (EPS) estimates for the current quarter stand at 1.2 - a 84.62% jump from last quarter’s estimates.

EPS Estimate Current Year:

Spotify Technology Sa’s earning per share (EPS) estimates for the current year stand at 1.2.

Key Ratios

Key ratios of the Spotify Technology Sa post its Q1 2024 earnings

Earning Per Share (EPS)
0.97
Return on Assets (ROA)
0.02
Return on Equity (ROE)
-0.04

Highlights

Earning Per Share (EPS):

Spotify Technology Sa’s earning per share (EPS) jumped 183.62% since last year same period to 0.97 in the Q1 2024. This indicates that the Spotify Technology Sa has generated 183.62% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-23
0.65
0.97
49.23%