Spotify revenue up 19% in 2024; profit potential grows

seekingalpha.com

Spotify reported a 19% increase in revenue for 2024 compared to the previous year. This growth marks a significant improvement in the company's financial performance. The results indicate that Spotify is experiencing strong momentum, with better profit margins contributing to its success. Analysts suggest that Spotify could become even more profitable by 2027, reflecting ongoing positive trends in its business model.


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