Spotify Results Presentation Deck slide image

Spotify Results Presentation Deck

Financial Summary USER, FINANCIAL & LIQUIDITY SUMMARY USERS (M) Total Monthly Active Users ("MAUS") Premium Subscribers Ad-Supported MAUS FINANCIALS (€M) Premium Ad-Supported Total Revenue Gross Profit Gross Margin Operating (Loss)/Income Operating Margin FREE CASH FLOW & LIQUIDITY (EM, unless otherwise denoted) Net Cash Flows From Operating Activities Free Cash Flow¹ Cash & Cash Equivalents, Restricted Cash & Short Term Investments (€B) Spotify Q2 2021 365 165 210 2,056 275 2,331 663 28.4% 12 0.5% 54 34 3.1 Q3 2021 381 172 220 2,178 323 2,501 668 26.7% 75 3.0% 123 99 3.3 Q4 2021 ¹ Free Cash Flow is a non-IFRS measure. See "Use of Non-IFRS Measures" and "Reconciliation of IFRS to Non-IFRS Results" for additional information. 406 180 236 2,295 394 2,689 712 26.5% Q1 2022 119 103 3.6 422 182 252 2,379 282 2,661 671 25.2% (6) (7) (0.3%) (0.2%) 37 22 3.6 Q2 2022 433 188 256 704 24.6% 2,504 360 22% 31% 2,864 23% (194) (6.8%) % Change Y/Y 39 37 3.6 19% 14% 22% 6% 7
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