Spotify Technology S.A. logo

Spotify Technology S.A. (1SPOT)

Market Closed
8 Jul, 15:30
XMIL XMIL
628. 90
+16.2
+2.64%
- Market Cap
- P/E Ratio
0% Div Yield
41 Volume
-2.74 Eps
612.7
Previous Close
Day Range
612.8 630.7
Year Range
248 679.3
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Summary

1SPOT closed Tuesday higher at €628.9, an increase of 2.64% from Monday's close, completing a monthly decrease of -3.62% or €23.6. Over the past 12 months, 1SPOT stock gained 44.86%.
1SPOT is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 4 different exchanges and in various currencies, with the primary listing on BCBA (USD).

1SPOT Chart

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Spotify Technology S.A. Dividends

1SPOT is not paying dividends to its shareholders.

Spotify Technology S.A. Earnings

1SPOT have yet to publish their earning reports.
1SPOT is not paying dividends to its shareholders.
1SPOT have yet to publish their earning reports.

Spotify Technology S.A. (1SPOT) FAQ

What is the stock price today?

The current price is €628.90.

On which exchange is it traded?

Spotify Technology S.A. is listed on BCBA.

What is its stock symbol?

The ticker symbol is 1SPOT.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0%.

What is its market cap?

As of today, no market cap data is available.

Has Spotify Technology S.A. ever had a stock split?

No, there has never been a stock split.

Spotify Technology S.A. Profile

Internet Content & Information Industry
Communication Services Sector
Mr. Daniel G. Ek CEO
XMIL Exchange
- ISIN
Luxembourg Country
7,372 Employees
- Last Dividend
- Last Split
3 Apr 2018 IPO Date

Overview

Spotify Technology S.A. is a leading provider of audio streaming services on a global scale. Established in 2006 and headquartered in Luxembourg City, Luxembourg, Spotify operates under two primary business segments: Premium and Ad-Supported. The company's comprehensive offerings encompass a wide range of audio content, including music and podcasts, catered towards different user preferences and monetization strategies. Spotify's presence worldwide is sustained by its robust subscription model, advertising revenues, and additional services including sales, distribution, marketing, and customer support.

Products and Services

  • Premium

    This segment is tailored for users seeking an uninterrupted and enriched listening experience. Spotify's Premium service allows subscribers to access an extensive catalog of music and podcasts without commercial breaks. Key features include unlimited online and offline streaming, catering to the end-users who prefer direct purchasing channels. This model emphasizes a premium, ad-free environment with enhanced audio quality and user flexibility.

  • Ad-Supported

    The Ad-Supported segment is designed to provide free, on-demand access to Spotify's vast catalog of music along with unlimited online access to podcasts. This service is available on various devices, including computers, tablets, and mobile phones, making it convenient for users who are on the go. While this offering is free for users, it includes commercial breaks, leveraging advertising as its primary revenue stream. It embodies Spotify's strategy to widen its user base and build engagement through freely accessible content.

  • Additional Services

    Beyond its core audio streaming services, Spotify offers a suite of supplementary services aimed at supporting and augmenting the user experience and partnership opportunities. These include sales, distribution and marketing services designed to maximize the reach and impact of audio content on the platform. Additionally, Spotify engages in contract research and development to innovate and improve its offerings continually. Customer and other support services are also a pivotal part of Spotify’s commitment to ensuring a satisfactory user experience and resolving any issues that may arise.

Contact Information

Address: 5, Place de la Gare
Phone: -