Music streaming platform Spotify Know-how (NYSE: SPOT) reported a revenue for the fourth quarter of 2024, in comparison with a loss final 12 months, aided by a double-digit enhance in revenues.
Whole income elevated to EUR4.24 billion within the fourth quarter from EUR3.67 billion within the prior-year interval. The corporate had 675 million month-to-month lively customers on the finish of the quarter, up 12%.
Web revenue attributable to the corporate was EUR367 million, or EUR1.76 per share in This fall, in comparison with a lack of EUR70 million or EUR0.36 per share within the corresponding quarter final 12 months. For the primary quarter of 2025, the corporate expects whole income of EUR4.2 billion and whole MAUs of 678 million.
