bearish

Spotify

Spotify 1Q21 Earnings: What Is an Audio Platform Worth? 2-3x Sales?

282 Views29 Apr 2021 08:50
Spotify printed a 1Q21 miss on MAUs and mediocre guidance update for 2021. Spotify is one of the worst business models of a large cap TMT company we’ve ever seen
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Aaron Gabin
TMT & Consumer Independent Equity Research Analyst
Obex Capital Research
United StatesInformation Technology & Communication ServicesEquity Bottom-UpThematic (Sector/Industry)
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