Spotify adds 5M premium users and hits record operating income

Stain declare On Tuesday, the premium subscriber base increased by 5 million in the first quarter and a 12% increase in more than a year. This brings a total of 268 million to 268 million, which celebrates the highest total and highest second highest sub-attachments for the first quarter Since 2020.

Spotify also reported a record high record, 509 million euros or an operating income of about $ 528 million. However, this was under the leadership of 548 million euros ($ 625 million). The total revenue is over 15%, 4.2 billion euros ($ 4.8 billion).

In addition, the music stream giant is now a total of 678 million monthly active users (MAUS) and 423 million ad support maus.

Numbers come to the company’s heels Profitability stage In the last quarter, 477 million euros ($ 509.48 million) reported income.

Spotify remains the best player in the music stream industry, Apple music and Amazon music successfully defeated competitors. Moreover, the company is already chasing youtube by pushing video podcasts with 330,000 shows on the platform. It should be noted that the Spotify partner program recently paid more $ 100 million Podcast creators in the first quarter.

Latest, Spotify rolled it You have a playlist The Bahamas offers more than 40 market proposals including Fiji, Ghana, Jamaica, Kenya, Singapore and Sair.