Spotify Technology (SPOT) Acquisitions (2017 - 2022)

Spotify Technology (SPOT) posted Acquisitions of -$107.9 million for Q3 2022, up 7.24% sequentially from -$116.3 million in Q2 2022, and down 103.64% YoY from $3.0 billion in Q3 2021.

Spotify Technology (SPOT) Acquisitions (2017 - 2022) Analysis & Trends

Spotify Technology has reported Acquisitions for 6 years, with the latest figure at -$107.9 million in Q3 2022.

  • Quarterly Acquisitions fell 103.64% year-over-year to -$107.9 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was -$328.9 million (down 112.6% YoY) and the FY2021 annual result came in at -$131.6 million, up 67.16% from the prior year.
  • Acquisitions climbed to -$107.9 million in Q3 2022 per SPOT's latest filing, from -$116.3 million in the prior quarter.
  • Over five years, Acquisitions peaked at $3.0 billion in Q3 2021 and troughed at -$327.3 million in Q1 2019.
  • A 5-year average of $460.9 million and a median of -$16.0 million in 2021 frame the typical range for Acquisitions.
  • The sharpest annual moves came in 2019 and 2020: Acquisitions slumped 276.6% in 2019, then soared 17825.61% in 2020.
  • Over 5 years, Acquisitions stood at $1.0 billion in 2018, then climbed by 15.91% to $1.2 billion in 2019, then sank by 119.62% to -$231.3 million in 2020, then jumped by 93.08% to -$16.0 million in 2021, then tumbled by 573.63% to -$107.9 million in 2022.
  • According to Business Quant data, Acquisitions over the past three periods registered -$107.9 million, -$116.3 million, and -$88.7 million for Q3 2022, Q2 2022, and Q1 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Alphabet 4,239.24 Bn 3,810.20 Bn 73.85 Bn -
2 Meta Platforms 1,536.10 Bn 1,445.84 Bn 49.47 Bn -
3 Taboola.com 1,139.07 Bn 1,138.93 Bn 139.48 Mn -
4 Baidu 289.49 Bn 284.99 Bn 1.88 Mn -
5 Spotify Technology 102.84 Bn 92.60 Bn 1.75 Bn -
6 Joyy 77.82 Bn 76.94 Bn 205.64 Mn -
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 -
8 Nebius 49.20 Bn 39.58 Bn 295.20 Mn -170.20 Mn
9 Reddit 30.50 Bn 27.72 Bn 734.60 Mn -
10 Tencent Music Entertainment 27.07 Bn 24.37 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2022 -107.89 Mn
Jun 30, 2022 -116.31 Mn
Mar 31, 2022 -88.66 Mn
Dec 31, 2021 -16.02 Mn
Sep 30, 2021 2.96 Bn
Jun 30, 2021 -50.58 Mn
Mar 31, 2021 -71.17 Mn
Dec 31, 2020 -231.30 Mn
Sep 30, 2020 1.38 Bn
Jun 30, 2020 1.26 Bn
Mar 31, 2020 -151.24 Mn
Dec 31, 2019 1.18 Bn
Sep 30, 2019 -7.79 Mn
Jun 30, 2019 -40.45 Mn
Mar 31, 2019 -327.35 Mn
Dec 31, 2018 1.02 Bn
Sep 30, 2018 1.27 Bn
Jun 30, 2018 -10.74 Mn
Mar 31, 2018 900.51 Mn
Dec 31, 2017 561.64 Mn