Spotify Technology SA (SPOT) – More upside as Spotify grows and monetizes podcasts

In Q4, Spotify added 25 million MAUs and benefited from faster growth in India, US, and Western Europe, with India serving as a notable source of upside compared with its forecast driven by successful marketing campaigns.

Highlights 

Valuation

– Enterprise Value
– CrispIdea Forecast
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– FY20 & Segment Performance
– Key Metrics
– Key Developments
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership 

Stock Price Performance 

CrispIdea Coverage 

No of Pages : 32