Spotify
social charges sensitivity meaningful movements in our stock price can lead to social charge variance guidance incorporates the impact of the vast majority of which appear operating expenses the amount of we accrue for and ultimately pay be volatile as they are tied the value of share since we do not forecast changes guidance over the course of a quarter changes as an example at the close was a increase or decrease compared the quarter end would have an approximate impact on | Spotify
Company
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February 2025
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36 of 37
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