Spotify Technology S.A.
Foreign stocks · NYSE · ราคาแปลงจาก SPOT (USD) · Technology · Music streaming
One of the world's largest music and podcast streaming services. Most revenue comes from ad-free premium subscriptions, and the rest from ads in the free app
For every 100 EUR of sales: cost of sales 68 · operating expenses 19 · other income after tax adds 0 · leaving 13 as net profit
Investors in Thailand can buy SPOT through 13 mutual funds open to retail investors. Most of them (13 funds) don't buy the stock themselves. Instead they invest in a master fund abroad, which in turn holds SPOT.
| Fund | SPOT weight | How it invests | 1-year return |
|---|---|---|---|
 SCBEUROPE(A)SCB Europe Active Equity | 8.51% | Via Morgan Stanley Investment Funds - Europe Opportunity Fund | −4.89% |
 PRINCIPAL GOPP-APrincipal Global Opportunity Fund | 6.11% | Via Morgan Stanley Investment Funds Global Opportunity Fund | −8.11% |
 DAOL-GEDUCATIONDAOL GLOBAL EDUCATION EQUITY FUND | 4.25% | Via PLAY | +6.63% |
| PRINCIPAL INXUS-APrincipal International Ex US Equity Fund | 3.78% | Via PIEQ | N/A |
 LHDIGITAL-ALH DIGITAL ECONOMY FUND | 3.40% | Via AXA World Funds - Digital Economy | −7.84% |
| SCBGEESGASCB Global Sustainable Equity Fund | 3.31% | Via Janus Henderson Horizon - GLOBAL SUSTAINABLE EQUITY FUND | +5.51% |
 ONE-UGERMF-AONE ULTIMATE GLOBAL EQUITY RETIREMENT MUTUAL FUND | 3.10% | Via several master funds (WW LT GB GR-BUSD ACC, Baillie Gifford Long Term Global Growth Inve) | −26.11% |
 KFGGSSFKrungsri Global Growth SSF | 2.95% | Via Baillie Gifford Worldwide Long Term Global Growth Fund | −26.49% |
| KFGGRMFKrungsri Global Growth RMF | 2.94% | Via Baillie Gifford Worldwide Long Term Global Growth Fund | −26.52% |
| KFGG-AKrungsri Global Growth Fund | 2.93% | Via Baillie Gifford Worldwide Long Term Global Growth Fund | −26.45% |
Yearly average over the last 4 years · Latest annual sales 17.2B EUR
For every 100 EUR of sales, about 13 EUR is left as net profit
Per year, relative to the share price · Tech stocks tend to pay little because they reinvest their profits
Now 2.6% below its 1-year high
| Item (EUR) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total revenue | 9.7B EUR | 11.7B EUR | 13.2B EUR | 15.7B EUR | 17.2B EUR |
| Gross profit | 2.6B EUR | 2.9B EUR | 3.4B EUR | 4.7B EUR | 5.5B EUR |
| Operating profit | 94.0M EUR | −659.0M EUR | −446.0M EUR | 1.4B EUR | 2.2B EUR |
| Net profit | −34.0M EUR | −430.0M EUR | −532.0M EUR | 1.1B EUR | 2.2B EUR |
| EPS (diluted) | −1.03 | −2.93 | −2.73 | 5.50 | 10.51 |
| Gross margin | 26.8% | 25.0% | 25.6% | 30.1% | 32.0% |
| Operating margin | 1.0% | −5.6% | −3.4% | 8.7% | 12.8% |
| Net margin | −0.4% | −3.7% | −4.0% | 7.3% | 12.9% |
| Operating cash flow | 361.0M EUR | 46.0M EUR | 680.0M EUR | 2.3B EUR | 2.9B EUR |
| Free cash flow | 276.0M EUR | 21.0M EUR | 674.0M EUR | 2.3B EUR | 2.9B EUR |
| Total assets | 7.2B EUR | 7.6B EUR | 8.3B EUR | 12.0B EUR | 15.0B EUR |
| Total liabilities | 5.1B EUR | 5.2B EUR | 5.8B EUR | 6.5B EUR | 6.7B EUR |
| Shareholders' equity | 2.1B EUR | 2.4B EUR | 2.5B EUR | 5.5B EUR | 8.3B EUR |
| Period | SMA | EMA | Price vs line |
|---|---|---|---|
| 10 days | 517.09 | 517.58 | Above |
| 20 days | 493.05 | 499.34 | Above |
| 50 days | 475.80 | 478.36 | Above |
| 100 days | 455.41 | 465.58 | Above |
| 200 days | 443.90 | 465.93 | Above |
| Indicator | Value | Signal |
|---|---|---|
| RSI(14) | 71.97 | Down |
| MACD(12,26) | 19.97 | Up |
| ADX(14) | 19.49 | Neutral |
| ATR(14) % of price | 2.17 | Neutral |
The many funds holding less than 3% are usually index funds holding at market weight · Funds holding more than 8% have deliberately chosen a large position
ONEAM3KSAM3SCBAM2PRINCIPAL2DAOLINV2LHFUND1| Fund | SPOT weight | Master fund | 1-year return | TER |
|---|---|---|---|---|
| SCBEUROPE(A) | 8.51% | Morgan Stanley Investment Funds - Europe Opportunity Fund | −4.89% | 1.17% |
| PRINCIPAL GOPP-A | 6.11% | Morgan Stanley Investment Funds Global Opportunity Fund | −8.11% | 2.19% |
| DAOL-GEDUCATION | 4.25% | PLAY | +6.63% | 2.17% |
| PRINCIPAL INXUS-A | 3.78% | PIEQ | N/A | 1.96% |
| LHDIGITAL-A | 3.40% | AXA World Funds - Digital Economy | −7.84% | 2.41% |
| SCBGEESGA | 3.31% | Janus Henderson Horizon - GLOBAL SUSTAINABLE EQUITY FUND | +5.51% | 1.72% |
| ONE-UGERMF-A | 3.10% | several master funds (WW LT GB GR-BUSD ACC, Baillie Gifford Long Term Global Growth Inve) | −26.11% | 2.28% |
| KFGGSSF | 2.95% | Baillie Gifford Worldwide Long Term Global Growth Fund | −26.49% | 1.54% |
| KFGGRMF | 2.94% | Baillie Gifford Worldwide Long Term Global Growth Fund | −26.52% | 1.54% |
| KFGG-A | 2.93% | Baillie Gifford Worldwide Long Term Global Growth Fund | −26.45% | 1.53% |
| ONE-UGG-ASSF | 2.87% | Baillie Gifford Worldwide Long Term Global Growth Fund | −26.16% | 1.90% |
| DAOL-WGG | 2.83% | Baillie Gifford Worldwide Long Term Global Growth Fund | −25.97% | 2.08% |
| ONE-GECOM | 2.01% | several master funds | −11.89% | 1.91% |
| Master fund | Thai funds using this route | Master fund's SPOT weight |
|---|---|---|
| Baillie Gifford Worldwide Long Term Global Growth Fund | 5 | 2.95% |
| Morgan Stanley Investment Funds - Europe Opportunity Fund | 1 | 8.51% |
| Morgan Stanley Investment Funds Global Opportunity Fund | 1 | 6.11% |
| iShares Digital Entertainment and Education UCITS ETF | 1 | 4.25% |
| Principal International Equity ETF | 1 | 3.78% |
| AXA World Funds - Digital Economy | 1 | 3.40% |
| Janus Henderson Horizon - GLOBAL SUSTAINABLE EQUITY FUND | 1 | 3.31% |
| several master funds (WW LT GB GR-BUSD ACC, Baillie Gifford Long Term Global Growth Inve) | 1 | 3.10% |
| several master funds | 1 | 2.01% |
