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Same with Roku, revenue but no profit [1]. Spotify did turn a profit in 2019 [2], for the first time since inception (16 years). However Spotify is predicting a
by luc4sdreyer 7y ago
Same with Roku, revenue but no profit [1]. Spotify did turn a profit in 2019 [2], for the first time since inception (16 years). However Spotify is predicting a loss for the next year.
[1] https://www.macrotrends.net/stocks/charts/ROKU/roku/net-income https://www.macrotrends.net/stocks/charts/ROKU/roku/net-inco...
[2] https://www.theverge.com/2019/2/6/18214331/spotify-earnings-financial-announcement-profits-music-streaming-podcast https://www.theverge.com/2019/2/6/18214331/spotify-earnings-...