The Spotify conference call confirmed our expectations
- Subscriber growth guidance is conservative due to uncertainties of price increase effects.
- Increased revenue will only show up in Q4 as the price increase comes into effect at the end of Q3.
Personally, I think, that there has been no warranted reason for yesterday’s sell-off.
Margins have been lower due to restructuring costs, which is temporary but should improve after the price increase gets into effect
What I fear way more is competition esp. from Youtube Music Spotify Competition - #7 by moritz
Here is a Mindmap with all insights from yesterdays conference call.