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 | 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| Date | Value |
|---|---|
| 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 |