Daily Stock Analysis– Spotify – how can it grow after posting losses? Incredibly Spotify does.

Spotify has beat back the Goliaths of the music and podcast world. When you think of streaming music and podcast, investors may think that Amazon, Apple, and Google dominate everything. That is wrong! Spotify is not as diversified as Amazon, Apple, or Google, but it is growing in the land of giants. The company is focusing only on customer streaming. That emphasis has allowed Spotify to have consistent growth of users, attract more artists, increase subscriptions and increase ad revenue. But here's a puzzler. The stock keeps going up, and the company posts a net loss year after year. Spotify is not profitable. Or is it? That is what I am talking about today on the Daily Stock Analysis.

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Not an official Spotify video. For educational purposes only. Not an offer to buy or sell any stock or an offer of advice.

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References from today's show:
Spotify Technology S.A. Announces Financial Results for Fourth Quarter 2020 https://investors.spotify.com/financials/press-release-details/2021/Spotify-Technology-S.A.-Announces-Financial-Results-for-Fourth-Quarter-2020/default.aspx

Spotify Technology S.A. Form 20-F https://s22.q4cdn.com/540910603/files/doc_financials/2020/q4/4e770a8c-ee99-49a8-9f9e-dcc191807b56.pdf

3 Ways Spotify's Investing in Podcasts in 2021 https://www.fool.com/investing/2021/02/25/3-ways-spotifys-investing-in-podcasts-in-2021/

Spotify podcast listener numbers will surpass Apple's this year https://www.emarketer.com/content/spotify-podcast-listener-numbers-will-surpass-apples-this-year

If you're too lazy to make a playlist, you'll love Spotify's new feature https://bgr.com/2021/02/25/spotify-liked-songs-playlist-new-filters-mood-genre/