From Yahoo Finance: 2025-04-15 12:18:00

Spotify Technology S.A. (SPOT) has seen significant growth and profitability, with over 675 million monthly active users and 263 million Premium subscribers. The company reported a net income of €1.14 billion and operating income of €1.365 billion in 2024, marking its first full year of profitability. Revenue increased to a record €15.67 billion in 2024, driven by subscriber growth and increased average revenue per user.

Spotify’s transformation has led to improved profitability metrics, with gross margins increasing to 30% in 2024. The company implemented cost controls, improved ad monetization, and saw operational efficiencies, resulting in an operating profit of €1.365 billion in 2024. Free cash flow surged to €2.285 billion in 2024, giving Spotify flexibility for growth and capital returns.

Despite Spotify’s success, it is not among the 30 Most Popular Stocks Among Hedge Funds. While 101 hedge fund portfolios held SPOT at the end of the fourth quarter, there are other AI stocks that may offer greater promise for higher returns in a shorter timeframe. Investors seeking alternatives to SPOT can explore the cheapest AI stock outlined in a recent report.



Read more at Yahoo Finance: Spotify Technology S.A. (SPOT): A Bull Case Theory