Daily Stock Analysis– Spotify – how can it grow after posting losses? Incredibly Spotify does.

Send us Fan MailSpotify has beat back the Goliaths of the music and podcast world. When you think of streaming music and podcast, investors may think that Amazon, Apple, and Google dominate everything. That is wrong! Spotify is not as diversified as Amazon, Apple, or Google, but it is growing in the land of giants. The company is focusing only on customer streaming. That emphasis has allowed Spotify to have consistent growth of users, attract more artists, increase subscriptions and increase ad revenue. But here's a puzzler. The stock keeps going up, and the company posts a net loss year after year. Spotify is not profitable. Or is it? That is what I am talking about today on the Daily Stock Analysis. Listen, learn, and subscribe.  If you'd like to view this episode or previous episodes, visit https://youtube.com/c/richardsfinancialplanning  #investing #streamingmedia #music The sponsor of today's program is Richards Financial Planning. Have you ever heard anyone say, "I regret sorting out my finances"? That's because no one ever says that! You Can Control Your Financial Future.  A Financial Plan Can Ease Your Frustration. Visit https://richardsfinancialplanning.com/ to learn more.One last point from our second sponsor, Advice4LifeInsurance.com.  If you need life insurance, you can find the best life insurance at the lowest price in less than five minutes.  Visit their website at https://www.advice4lifeinsurance.comNot an official Spotify video. For educational purposes only. Not an offer to buy or sell any stock or an offer of advice. There are limits to the information provided. At the end of the video, please read the disclosure. Or at the end of the podcast, please listen to the disclosure for Richards Financial Planning, LLC.References from today's show:Spotify Technology S.A. Announces Financial Results for Fourth Quarter 2020 https://investors.spotify.com/financials/press-release-details/2021/Spotify-Technology-S.A.-Announces-Financial-Results-for-Fourth-Quarter-2020/default.aspx Spotify Technology S.A. Form 20-F https://s22.q4cdn.com/540910603/files/doc_financials/2020/q4/4e770a8c-ee99-49a8-9f9e-dcc191807b56.pdf 3 Ways Spotify's Investing in Podcasts in 2021 https://www.fool.com/investing/2021/02/25/3-ways-spotifys-investing-in-podcasts-in-2021/ Spotify podcast listener numbers will surpass Apple's this year https://www.emarketer.com/content/spotify-podcast-listener-numbers-will-surpass-apples-this-year If you're too lazy to make a playlist, you'll love Spotify's new feature https://bgr.com/2021/02/25/spotify-liked-songs-playlist-new-filters-mood-genre/