Spotify, the world’s most popular online music and podcast platform, will launch in 2024. for the third quarter published its report on the financial situation. Data shared by the company, how much money was made and revealed the number of subscribers.
If we look at the statements of Spotify, the company smiling faces we see. Because Spotify’s revenue rose 19 percent year over year 4 billion euros It was recorded as. The company’s gross profit margin rose to 31.1 percent.
The number of Spotify users reached 640 million!

According to the data shared by Spotify, the number of monthly active users of the platform to 640 million reaches. This data corresponds to an annual increase of 11 percent in the number of users. According to Spotify, these are users 252 millionconsists of Premium subscribers. Spotify’s subscriber base rose 12 percent year-over-year.
Spotify, in our lives for years, has never failed in terms of profitability. It wasn’t a good company. However, from 2024 this situation has changed. Because the company reported making a profit in all three of the last three quarters. If this situation occurs in the last quarter, Spotify will close a financial year for the first time. will have closed with a profit.
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