Financial PerformanceSPOT finally made a yearly profit for the first time, showcasing its pricing power and improvement in gross margin.
Product InnovationSpotify's product innovations delivered revenue growth of 20% ex FX with gross margins expanding 450 bps - strong evidence of its consumer value proposition.
User GrowthSpotify's MAUs increased above guidance, with a significant addition of 35 million in the quarter, marking the most considerable Q4 change in company history.