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Spotify Technology (Spotify Technology) Payments to Suppliers for Goods and Services


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What is Spotify Technology Payments to Suppliers for Goods and Services?

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.


Spotify Technology (Spotify Technology) Business Description

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5, Place de la Gare, Luxembourg, LUX, L-1616
Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with 489 million total listeners. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 87% and 13% of Spotify's 2022 total revenue, respectively.