Spotify reporting his first entire year of profitable, adds to 35m active monthly users

Tuesday morning, Spotify announced Their fourth gain quarter – marking his first year full of profitable by his start 17 years ago. The Operating income for fourth 477 million 477 ($ 509,48 million) and amounts to 1.4 billion of 1.4 ($ 124 tax)

Spotify also pointed a 3 million users (the largest q4 networks in the company’s (million inner’s story. This increase is wearing the total of the total of the total of 675, which represents a 12% leap of 12% of the year.

Also, the company experienced the growth in their german base in spite despite the two consecutive price walking for premium subscriptions. The company reported 263 million total subscribers, up to 240 million in the previous quarter.

Last Quarter, Spotify Teleased The arrival of the future of their hifi or “super premium” the subscription offer, allowing the company to increase the prices even more. CEO DANIEL EK before the plan of the $ 17 or $ 18 per month, or around $ 5 more than the rag first.

The company company company is in Spotify heels signing a new multi-year distribution agreement with universal musical group. The agreement, which include artists payments and protects its flow royalties, could afford to launch a new bid for fans that includes extra perks.