🎵 Turnover: €4.27 billion (expectation €4.23 billion) ✅ +12 % YoY
💶 EPS: €3.24 (expectation €2.14) ✅
👥 MAUs: 713 million (expectation 710.6 million) ✅ +11% YoY
📈 Outlook (Q4):
- Sales: €4.5 billion (expectation €4.56 billion) ⚖️
- MAUs: 745 million (expectation 740.3 million) ✅
- Premium subscriptions: 289 million (+8 million QoQ)
- Gross margin: 32.9% (+130 bps QoQ)
- Operating result: €620 M (+7% QoQ)
- FX effect: -620 bps headwind
🎧 User numbers:
- Premium: 281 million (+12% YoY)
- Ad-supported: 446 million (+11 % YoY)
💰 Sales breakdown:
- Premium: €3.83 billion (+13% YoY, currency-adjusted)
- Advertising: €446 M (flat YoY, currency-adjusted)
📊 Further key figures:
- Premium ARPU: €4.53 (-4 % YoY, stable FXN)
- Ad margin: 18.4 % (+525 bps YoY)
- Premium margin: 33.2 % (-34 bps YoY)
- Operating profit: €582 M
- Gross margin: 31.6 % (+56 bps YoY)
💬 "The business is healthy. We are delivering faster than ever before - pricing strategies, innovation and the advertising business are driving growth and profitability." - CEO Daniel Ek