How much is Spotify worth?
Spotify Technology net worth as of June 24, 2022 is $20.35B. Spotify Technology S.A. provides music streaming services. Is Spotify losing money? Spotify has indeed lost billions of dollars over the years, a streak that continued in 2021: For the full year, the company booked net losses of $38.8 million on $11 billion in revenue, according to its latest earnings report released yesterday. Does Spotify actually make money? Report, and because of its tight margins and operating costs, Spotify overall has never actually turned a profit, according to The Wall Street Journal.
[Read More]