The chart above compares the research & development expenses of Amazon and Microsoft from 2015 to 2022. Both Amazon and Microsoft are among leading spenders on research and development in the entire industry. However, Amazon is ahead of all others in this area. In 2022, the e-commerce leader spent around thrice what Microsoft did on […]
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The chart above shows the quarterly net revenue of Microsoft for 2022 and 2023. Microsoft experienced growth in its quarterly net revenue during all the three quarters of 2023 compared to the same quarters of the previous year. The company generated the highest revenue in the third quarter of 2023. Quarterly Net Revenue of Microsoft
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The chart above shows Spotify’s average revenue per user from premium users from 2016 to 2022. In 2022, Spotify experienced an increase in its ARPU compared to the prior year. The ARPU for 2022 remained €4.52 compared to €4.29 in 2021. In 2022, the company also experienced growth in its net revenue and gross profit
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The chart above shows the net revenue of Spotify from the two different sources (premium subscriptions and advertising) from 2016 to 2022. Spotify generates its revenue from two sources. Its main source of revenue are the premium subscriptions. However, the company also generates a small share of its total net revenue from advertising based accounts.
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Spotify has experienced impressive growth in its user base in 2022 compared to the prior year. In 2022, its number of Monthly Active users grew to 489 million. As of December 2022, the number of its premium subscribers was 205 million and that of its free subscribers (ad based accounts) was 295 million. The company
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The chart above shows the net loss of Spotify, the leading online music streaming platform with a global audience of more than 489 million monthly active users. While the Canada based company has experienced impressive growth in its user base and net revenue, it has not generated a positive net income yet. Its net losses
The chart above shows the sales and marketing expenses of Spotify from 2014 to 2022 in millions of euros. In 2022, the sales and marketing expenses of Spotify have increased by $437 million compared to the prior year. Spotify spent €1,572 million on sales and marketing in 2022 or 13% of its total net revenue.
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Spotify has sharply increased its investment in research and development in 2022 compared to the prior year. In 2022, the company spent nearly 12% of its annual net revenue or €1,387 million on research and development compared to only 9% or €912 million in the prior year. The company has also experienced a significant increase
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The chart above shows the annual gross profit of Spotify in Euros billions. The company has experienced 13% increase in its gross profit in 2022 compared to the prior year. Its consolidated gross profit in 2022 reached € 2,926 million which included € 2,896 gross profit from premium subscriptions. Ad supported gross profit remained only
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The chart above shows the net revenue of Spotify from 2014 to 2022 in billions of Euros. Spotify’s net sales grew by more than € 2 billion or 21% in 2022 compared to the prior year. In 2022, its number of subscribers had reached 489 million. Revenue from premium subscriptions in 2022 was 87% of
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