Spotify’s diversified approach to investment helps shield its cash from market volatility. Partner J.P. Morgan Asset Management’s Empowering Change initiative delivers vital community development support
Corporate Recognition Awards
Best Investment Strategy
In just 15 years, Stockholm-headquartered Spotify has gone from nothing to 356 million monthly active users and 158 million subscribers. Its financials are equally impressive. As of 31 December 2020, the NYSE-listed firm had close to €8bn in revenue, with a balance sheet showing €2.4bn in cash equivalents and €650m in short-term investments.