Spotify Technology (SPOT) Non-cash Items (2017 - 2024)
Spotify Technology (SPOT) posted Non-cash Items of $329.5 million for Q3 2024, up 11.66% sequentially from $295.1 million in Q2 2024, and up 365.62% YoY from $70.8 million in Q4 2023.
Spotify Technology (SPOT) Non-cash Items (2017 - 2024) Analysis & Trends
Spotify Technology has reported Non-cash Items for 8 years, with the latest figure at $329.5 million in Q3 2024.
- Quarterly Non-cash Items rose 365.62% year-over-year to $329.5 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $909.3 million (up 357.91% YoY) and the FY2021 annual result came in at -$44.6 million, up 70.06% from the prior year.
- Non-cash Items grew to $329.5 million in Q3 2024 per SPOT's latest filing, from $295.1 million in the prior quarter.
- Over five years, Non-cash Items peaked at $329.5 million in Q3 2024 and troughed at -$392.1 million in Q2 2020.
- A 5-year average of -$14.0 million and a median of $1.1 million in 2020 frame the typical range for Non-cash Items.
- The sharpest annual moves came in 2020 and 2021: Non-cash Items sank 359.18% in 2020, then jumped 2413.13% in 2021.
- Over 5 years, Non-cash Items stood at -$149.0 million in 2020, then surged by 70.06% to -$44.6 million in 2021, then surged by 429.55% to $147.0 million in 2022, then slumped by 51.87% to $70.8 million in 2023, then soared by 365.62% to $329.5 million in 2024.
- According to Business Quant data, Non-cash Items over the past three periods registered $329.5 million, $295.1 million, and $214.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,209.11 Bn | 3,780.07 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,537.88 Bn | 1,447.62 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn |
| 4 | Baidu | 289.34 Bn | 284.85 Bn | 1.88 Mn |
| 5 | Spotify Technology | 102.76 Bn | 92.52 Bn | 1.75 Bn |
| 6 | Joyy | 77.62 Bn | 76.74 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.31 Bn | 39.68 Bn | 295.20 Mn |
| 9 | 30.43 Bn | 27.64 Bn | 734.60 Mn | |
| 10 | Tencent Music Entertainment | 27.02 Bn | 24.32 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 329.47 Mn |
| Sep 30, 2024 | 329.47 Mn |
| Jun 30, 2024 | 295.07 Mn |
| Jun 30, 2024 | 295.07 Mn |
| Mar 31, 2024 | 214.01 Mn |
| Mar 31, 2024 | 214.01 Mn |
| Sep 30, 2023 | 70.76 Mn |
| Sep 30, 2023 | 70.76 Mn |
| Jun 30, 2023 | -328.86 Mn |
| Jun 30, 2023 | -328.86 Mn |
| Mar 31, 2023 | -241.50 Mn |
| Mar 31, 2023 | -241.50 Mn |
| Mar 31, 2022 | 147.03 Mn |
| Mar 31, 2022 | 147.03 Mn |
| Dec 31, 2021 | -44.61 Mn |
| Dec 31, 2021 | -44.61 Mn |
| Sep 30, 2021 | 2.36 Mn |
| Sep 30, 2021 | 2.36 Mn |
| Jun 30, 2021 | -24.09 Mn |
| Jun 30, 2021 | -24.09 Mn |