Spotify Technology S.A.SPOT

Market cap

P/E ratio

	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Right-of-use assets	-	489	444	437	417	300	226
Property and equipment	197	291	313	372	348	247	188
Goodwill	-	478	736	894	1,168	1,137	1,201
Intangible assets	-	58	97	89	127	84	48
Long term investments	-	-	-	-	-	-	1,635
Restricted cash and other non-current assets	-	-	78	77	78	75	68
Finance lease receivables	-	-	-	-	-	-	74
Deferred tax assets	8	9	15	13	8	28	186
Non-current assets	2,090	2,891	3,960	2,798	3,284	3,086	3,626
Trade and other receivables	400	402	464	621	690	858	771
Income tax receivable	2	4	4	5	5	20	28
Current investments	915	692	596	756	867	1,100	2,667
Cash and cash equivalents	891	1,065	1,151	2,744	2,483	3,114	4,781
Other current assets	38	68	151	246	307	168	132
Current assets	2,246	2,231	2,366	4,372	4,352	5,260	8,379
Total assets	4,336	5,122	6,326	7,170	7,636	8,346	12,005
Share capital	-	-	-	-	-	-	-
Other paid in capital	3,801	4,192	4,583	4,746	4,789	5,155	6,124
Treasury shares	77	370	175	260	262	262	262
Other reserves	875	924	1,687	853	1,521	1,812	2,707
Retained earnings	-2,505	-2,709	-3,290	-3,220	-3,647	-4,182	-3,044
Equity attributable to owners of the parent	2,094	2,037	2,805	2,119	2,401	2,523	5,525
Exchangeable Notes	-	-	-	1,202	1,128	1,203	1,539
Lease liabilities	-	622	577	579	555	493	462
Accrued expenses and other liabilities	-	-	42	37	28	26	5
Provisions	8	2	2	7	3	3	3
Deferred tax liabilities	2	2	-	-	5	8	21
Non-current liabilities	95	646	621	1,825	1,719	1,733	2,030
Trade and other payables	427	549	638	793	845	978	1,342
Income tax payable	5	9	9	23	11	12	33
Deferred revenue	258	319	380	458	520	622	683
Accrued expenses and other liabilities	1,076	1,438	1,748	1,841	2,093	2,440	2,347
Provisions	42	13	20	22	26	21	25
Derivative liabilities	339	111	105	89	21	17	20
Current liabilities	2,147	2,439	2,900	3,226	3,516	4,090	4,450
Total liabilities	2,242	3,085	3,521	5,051	5,235	5,823	6,480
Total equity and liabilities	4,336	5,122	6,326	7,170	7,636	8,346	12,005