3 ms·

Revenue per employee is $1.6M before the cuts. Thats efficient. https://markets.ft.com/data/equities/tearsheet/profile?s=SPOT:NYQ https://markets.ft.com/data/

• goalieca 3y ago
  But what are the costs because looking back it seems they are well into the negative earnings per share.
  • piva00 3y ago
    Look at the financial reports, 70+% of the revenue pays out in royalties. Those are the main cost.
• HDThoreaun 3y ago
  For normal tech companies with low marginal costs sure. Spotify pays 70% of revenue straight to labels though, they need far more revenue per employee than normal tech companies to make the math work.