My view is that the number doesn't reflect the economic performance of the company. The 2021 annual report shows that the company reported a loss of $34 million based on GAAP accounting. Investors should take a closer look at Spotify's financials (Spotify) Here are three reasons why SPOT is poised to do well in the long-term. Despite that, the stock is down 36% since going public more than four years ago. It's also growing rapidly doubling revenue since 2018 while remaining free cash flow ("FCF") positive. ( NYSE: SPOT) is one of the biggest brands in the world, ranking number 66 on Interbrand's Best Global Brands. FinkAvenue/iStock Editorial via Getty Images
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