<ul><li>Spotify turned a profit for the first time in 2024, after reporting €1.14 billion in net profits compared to €532 million in losses last year.</li><li>Total yearly revenue grew to €15.6 billion, driven by an 11% increase in Premium subscribers, reaching 263 million.</li><li>Despite raising the price of its Premium subscriptions twice, Spotify managed to attract more subscribers and maintain a total of 675 million monthly active users.</li><li>No information is provided on the launch of Spotify's long-promised lossless streaming option.</li></ul>

Spotify finally turned a profit for a full year

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