: Spotify’s revenue grew nearly 23% in 2021 and slightly surpassed the high end of guidance. The company expects first quarter of 2022 revenue to be 2.6 billion euros , slightly lower than the recent quarter’s tally. Its forecast of 183 million subscribers for the first quarter would represent a three million-subscriber gain, on par with the prior-year period.Net loss: $38 million Net loss: $43.5 million Subscribers: 180 million, 25 million y/y, +8 million q/q$4.84 , +3.6% y/y, +1.
CFO Paul Vogel on the Spotify Audience Network: “Across the platform, particularly in podcasting, we’re seeing consumption increasing. So all that is leading to more inventory. We’re seeing more publishers up double digits, quarter over quarter. So that’s allowing us to see more inventory…And because we’re monetizing, giving people good returns, they’re opting more inventory into the platform for us.”We learned the price of two key acquisitions in 2021.
In 2021, value in Spotify’s stake in Chinese music streamer Tencent Music Entertainment fell from 2.3 billion euros to 852 million euros .Total revenue of 2.6 billion euros
As we should