Spotify
operating expenses declines led by efficiency initiatives declined in currency movements and changes in social charge movements elevated expense growth and respectively while the lapping of prior year charges contributed of expense decline absent these items the remaining decline in personnel and related costs and lower marketing spend with employee salaries and benefits in select countries where we operate since a portion of these taxes is tied to the intrinsic value of share based compensation awards movements in our stock price can lead to fluctuations in the taxes we accrue this compensation of million in the current period prior year period included million in social charges i total total cay | Spotify
Company
Deck Type
Sector
Industry
Deck date
February 2025
Slide
11 of 37
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