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Spotify: Solid Results, Big Tax Bill
The Motley Fool· 2025-04-29 13:43
Core Insights - Spotify reported strong growth in Q1 2025, with revenue increasing by 16% year-over-year to 4.2 billion euros and premium subscribers rising by 12% to 268 million [2][3] - Despite revenue growth, earnings per share (EPS) of 1.07 euros missed Wall Street expectations due to higher-than-expected employment taxes [4][6] - The company continues to show strong operating metrics, with average revenue per user increasing by 4% to 4.73 euros and overall gross margin improving to 31.6% [5] Financial Performance - Revenue for Q1 2025 was 4.2 billion euros, up from 3.6 billion euros in Q1 2024, reflecting a 16% increase [2] - EPS for Q1 2025 was 1.07 euros, a 10% increase from 0.97 euros in Q1 2024, but fell short of expectations [2][4] - Premium subscribers grew to 268 million, up from 239 million, marking a 12% increase [2][3] - Free cash flow more than doubled to 534 million euros, a 158% increase from the previous year [2][5] Market Reaction - Following the earnings report, Spotify's share price dropped by 6% in early morning trading [6] - The earnings miss due to tax-related costs has raised concerns among investors [6] Future Outlook - Spotify anticipates total users to reach 689 million in the current quarter, slightly below expectations, while premium subscribers are expected to grow to 273 million, slightly above expectations [8] - The company remains optimistic about continued growth in 2025 despite potential headwinds such as consumer spending slowdowns and currency volatility [7][8]
Spotify(SPOT.US)迎来阵痛期?Q1利润不及预期,但订阅用户强劲增长
智通财经网· 2025-04-29 12:08
Group 1 - Spotify reported Q1 revenue of €4.2 billion ($4.8 billion), a 15% year-over-year increase, meeting guidance and analyst expectations [1] - Operating profit was €509 million, below the expected €548 million, impacted by over €76 million in social costs related to employee wages and benefits [1] - Subscription users grew by 12% to 268 million, exceeding analyst expectations of 265.2 million, with Q2 user forecast at 273 million [1] Group 2 - CEO Daniel Ek expressed confidence in the long-term outlook despite short-term challenges, stating the company's direction is clearer than ever [1] - Monthly active users increased by 10% to 678 million, slightly below analyst expectations of 679 million, with Q2 forecast at 689 million [1] - Analysts noted that despite uncertainties, competitive advantages are strengthening, with positive long-term prospects driven by potential price increases and new features [2] Group 3 - Spotify is expanding into audiobooks and podcasts, recently entering the video content space to compete with YouTube [2] - The company has launched a new partnership program compensating creators based on content consumption rather than advertising, paying $100 million to podcast publishers and creators since the start of the year [2] - The music industry is experiencing a slowdown, prompting record labels to seek new revenue streams from artists, while Spotify is developing a higher-priced "Music Pro" package [3] Group 4 - Following the earnings report, Spotify's stock initially dropped over 8% in pre-market trading but later narrowed the decline to 5% [3] - As of March 31, the company's stock had risen 22% year-to-date, with a more than 100% increase over the past 12 months [3]
Spotify第一季度收入为41.9亿欧元,市场预估为42.1亿欧元。第一季度毛利率为31.6%,市场预估为31.5%。第一季度月活跃用户为678百万,市场预估为679.04百万。第一季度总付费订阅用户为2.68亿,市场预估为2.6522亿。第一季度每股收益为1.07欧元。预计第二季度月活跃用户689百万,市场预估694.38百万。预计第二季度营业收入为539百万欧元,市场预估为553.2百万欧元。预计第二季度总付费订阅用户为2.73亿,市场预估为2.7141亿。Spotify盘前跌超6%。
news flash· 2025-04-29 10:15
Group 1 - Spotify's Q1 revenue was €4.19 billion, slightly below market expectations of €4.21 billion [1] - The Q1 gross margin was 31.6%, exceeding market expectations of 31.5% [1] - The number of monthly active users in Q1 reached 678 million, slightly below the market estimate of 679.04 million [1] - Total paid subscribers in Q1 were 268 million, surpassing market expectations of 265.22 million [1] Group 2 - Q1 earnings per share were €1.07 [2] - For Q2, the expected monthly active users are 689 million, below the market estimate of 694.38 million [2] - Projected Q2 revenue is €539 million, lower than the market expectation of €553.2 million [2] - Expected total paid subscribers for Q2 are 273 million, slightly above the market estimate of 271.41 million [2] Group 3 - Spotify's stock dropped over 6% in pre-market trading [3]
Should You Buy Spotify Stock Ahead of Q1 Earnings Report?
ZACKS· 2025-04-25 18:00
Core Viewpoint - Spotify Technology S.A. is expected to report strong earnings growth in Q1 2025, with earnings per share estimated at $2.32, reflecting a 121% year-over-year increase, and revenues projected at $4.5 billion, indicating a 13.3% growth compared to the previous year [1]. Earnings Estimates - The Zacks Consensus Estimate for Q1 earnings has seen two upward revisions and one downward revision in the past 30 days, with a 1.3% increase in the 2024 earnings estimate during the same period [2]. - The current earnings estimates for Q1, Q2, E1, and F2 are $2.32, $2.44, $10.55, and $13.56 respectively, showing a positive trend in revisions over the last 60 days [3]. Earnings Surprise History - Spotify has a notable earnings surprise history, surpassing the Zacks Consensus Estimate in two of the last four quarters, with an average positive surprise of 22% [4]. Earnings Prediction Model - The current Earnings ESP for Spotify is -8.61%, and it holds a Zacks Rank of 3 (Hold), indicating that the model does not predict a definitive earnings beat this time [5][6]. Subscriber Growth - The growth in subscribers and monthly active users (MAU) is expected to positively impact both revenue and earnings, with total MAUs estimated at 678.3 million (10.3% year-over-year growth), ad-supported MAUs at 426.4 million (10% growth), and premium subscribers at 265.41 million (11% growth) [8]. Stock Performance - Spotify's stock has experienced significant price increases, rallying 35% year-to-date, 58% over the past six months, and 109% in the past year, indicating a strong upward trend [9]. Investment Considerations - The company's strong performance metrics are attributed to price hikes, a loyal consumer base, and cost reductions, which have contributed to growth in both top and bottom lines [10]. - The expectation is for another robust quarterly performance driven by subscriber gains and increases in average revenue per user (ARPU), which will enhance the company's financial position [11]. Long-term Outlook - While current growth prospects for Spotify appear strong, there may be a potential correction in the stock price, suggesting that investors might consider waiting for a more opportune moment to invest [12]. - The long-term growth potential of the company remains strong, making it a stock to monitor for future investment opportunities [14].
Shadowban Lawsuit Attorney Vs. Amazon Music Cites Federal Circuit-Recognized Filter Similarity
GlobeNewswire News Room· 2025-04-18 10:30
NEW YORK, April 18, 2025 (GLOBE NEWSWIRE) -- Billboard-charting artist and undefeated boxer Marc Mysterio is intensifying his legal battle against Amazon Music and DistroKid (Case No. 1:25-cv-01705, U.S. District Court, Southern District of New York), alleging a shadowban suppressed his music’s visibility. Mysterio, who earned over 80 million streams from September 2023 to August 2024, claims Amazon Music used a filter to erase his artist metadata, costing millions in royalties. His legal team draws parall ...
Spotify suffering major outage - as streaming app confirms 'issues'
Sky News· 2025-04-16 13:51
Core Insights - Spotify is experiencing a significant outage affecting many users who are unable to load the app [1] - The company acknowledged the disruption on social media, stating they are investigating the issues [1] - Downdetector reported thousands of outage reports and user comments expressing frustration [1] Company Response - Spotify confirmed awareness of the issues and is actively checking them out [1] - User reactions on social media indicate a strong demand for the service, with comments highlighting the urgency for background music [1] User Impact - The outage has led to a considerable number of reports on Downdetector, indicating widespread user impact [1] - Comments from users reflect a mix of frustration and humor regarding the service disruption [1]
Marc Mysterio Calls on Taylor Swift to Pull Catalog From Amazon Music Over Unpaid Streams, Shadow-Ban Controversy
GlobeNewswire News Room· 2025-04-09 10:00
Mysterio's demands are threefold: The artist, known for collaborations with Flo Rida, Samantha Fox, and Crash Test Dummies, points to Swift's history of pulling her music from Spotify in 2014 over royalty disputes as precedent. "Taylor's a titan because she stands up," he said. "Amazon's using her station to profit while I'm ghosted—80 million streams, millions in losses, and they won't even fix it. She can get Jeff Jarrett to give her my email. Let's talk, Taylor—this is our fight." NEW YORK, April 09, 202 ...
起底“外挂刷歌”利益链!轻松月入过万?有人三天被骗30万元
Bei Jing Shang Bao· 2025-03-23 10:32
起底"外挂刷歌"利益链!轻松月入过万?有人三天 被骗30万元 全文共2810字,阅读大约需要5分钟 "我们只需要用大量的小号去给自己的音乐人歌单刷播放次数,每月就能轻松收获5000元。" 北京商报记者丨卢扬 程靓 日前,网易云音乐官方微博发文打击"听歌外挂"行为,并针对找"代练"自动刷歌的1万+账号进行了治 理。 对此,北京商报记者调查发现,"听歌外挂"行为背后隐藏着一条"音乐人计划"利益链。在小红书、闲鱼 等多个电商平台上,存在大量"外挂"课程、"代挂"服务以获取平台推出的"音乐人计划"中的播放量激励 收益,相关课程价格在1分钱到上万元不等。 "2025抖音汽水音乐人计划,新风口项目,每天简单操作半小时,小白无脑月入10000+……"在某电商平 台上,有商家介绍,目前"听歌外挂"属于蓝海市场,只需要花1分钱,就能获得详细教程进行学习,从 而获取收益。 以闲鱼为例,北京商报记者搜索"音乐人挂机"关键词,在一天以内发布相关商品的商家就超过100个, 包括网易云音乐、腾讯音乐、抖音汽水音乐等"听歌外挂"服务。其中,一个标注"网易云云梯计划一天 能挣500+,有执行力的来"宣传的商品下方已有98人表示想要。 但当北 ...
Why Tencent Music Entertainment Group Was Music to Investor Ears This Week
The Motley Fool· 2025-03-21 22:05
Core Insights - Tencent Music Entertainment Group (TME) reported a better-than-expected earnings report, leading to a nearly 12% increase in stock price [1] Financial Performance - Total revenue for the fourth quarter reached 7.46 billion yuan ($1.03 billion), an increase of over 8% compared to the same period in 2023 [2] - Music subscriptions contributed significantly, rising 18% to 4.03 billion yuan ($557 million), supported by a 13% increase in paying users [2] - Profit according to IFRS standards grew to nearly 2.08 billion yuan ($287 million) from 1.41 billion yuan ($195 million) year-over-year [3] - Earnings per American depositary share (ADS) were reported at 1.26 yuan ($0.17) [3] Analyst Expectations - Tencent Music exceeded analyst estimates, with expectations of 7.30 billion yuan ($1 billion) in revenue and 1.22 yuan ($0.17) per ADS for IFRS net income [4] Strategic Initiatives - The executive chairman highlighted that Tencent's initiatives across the music value chain have reshaped the industry landscape, enhancing subscriber penetration and lifetime value [5]
Tencent Music beats estimates as AI enhances user experience
Proactiveinvestors NA· 2025-03-18 18:18
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive has a strong emphasis on technology adoption, utilizing various tools to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]