Spotify
executive summary we ended with strong performance as nearly all of our exceeded guidance and profitability reached record levels mau net additions of million marked the in our history and exceeded guidance by million subscriber net additions of million also significantly outperformed surpassing guidance by million revenue was ahead of plan due to favorable currency movements and underlying strength in the business gross margin of was above guidance and up operating income of million was slightly below our guidance as gross profit strength and lower personnel and related and marketing costs were more than offset by million in social charges social charges were million above forecast due to share price appreciation during the quarter free cash flow reached million in bringing full year free cash flow generation to billion looking into we view the business as well positioned to deliver another year of continued growth and improving margins as we reinvest to support our long term potential a me users total monthly users supported gross profit gross margin operating loss income operating margin free cash flow oat | Spotify
Company
Deck Type
Deck date
February 2025
Slide
3 of 37
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