Spotify adds 5M premium users and hits record operating income

Spotify Report The first trimester on Tuesday has increased its premium customer base by 5 million, which represents 12% growth year after year. It brings a total of 268 million to the second highest total of all time and the highest net addition of sub -nets given for the first trimester Since 2020The

Spotifio has reported € 509 million or about $ 528 million in record-high quarterly operating income. However, it was below the direction of the company’s $ 548 million ($ 625 million). Total revenue has jumped over 15% of the years € 4.2 billion ($ 4.8 billion).

In addition, the music streaming giant now has a total of 678 million monthly active users (MAS) and 423 million ad-backed MAS.

The numbers come to the company’s heels Milestone At the end of the end, when it reported € 477 million ($ 509.48 million) of operating income.

Spotifying music has been the top player of the Spotify Music Streaming Industry by successfully beating competitors like Apple Music and Amazon music. Also, the company is pushing YouTube into video podcasts, now there are 330,000 shows on the platform. Significantly, the recently launched Spotify Partner program has paid more than this $ 100 million To the first quarter to the Podcast Creator.

Very recently, Spotify Roll Out It Have your playlists It offers more than 40 markets including Bahamas, Fiji, Ghana, Jamaica, Kenya, Singapore and more.