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Net income on Statista? You know you don't need to rely on that shoddy site, right? Spotify is a public company. I linked their Q1 2024 public disclosure. Did y
by 015a 2y ago
Net income on Statista? You know you don't need to rely on that shoddy site, right? Spotify is a public company. I linked their Q1 2024 public disclosure. Did you even click on it?
- shuckles 2y agoStatistia is more accurate in this case. You didn’t link to a public disclosure per se, you linked to an investor marketing statement formatted like a financial statement. Spotify’s 20-F at the SEC shows that any “operating income” is more than offset by share-based compensation expenses which your investor presentation doesn’t adjust for at all. When counting the liquid stock Spotify pays employees as an expense, they are unprofitable.