Spotify's Transformation into a Profitable Audio Giant is Impressive!
Spotify impressively demonstrates that the transition from a growth to a profitable company is possible!
With a gross margin of 32.2% and 675 million active users, Spotify has made a breakthrough!
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I am deeply impressed by Spotify's successful transformation. The first annual profit in the company's history confirms my belief that the strategic shift made was spot on. I am particularly impressed by the combination of cost discipline and continuous user growth - with 675 million monthly active users, a new record has been set. The gross margins of over 32% even exceed their own targets for 2025-2027 significantly. After years of aggressive investments in podcasts and growth, it is now evident that Spotify can successfully monetize its business...
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