Q4 2020

Spotify subscribers hit 155 million in Q4 2020, a 24% increase year on year, according to its recently released Q4 2020 financial results. Monthly Active Users (MAU) increased 27% to 345 million. Revenue of €2,168 million was up 17% year on year in the quarter despite the impact of the COVID-19 pandemic. Despite this growth the streamer continues to make a loss (€125 million) and forecasts continuing losses despite predicted increases in streaming subscriptions and revenue. […]