![]() This decision resulted in the company taking a €31 million hit. This came in below management's guidance and was mainly driven by a decision to stop manufacturing "Car Thing", which is Spotify's in-car hands-free music device. Spotify's Gross Margin was 24.6% in the second quarter, which got sliced by 386 bps year over year. This was driven by a boost in music and podcasting growth from the Spotify Audience Network, which is their advertising platform. However, it should be noted this was flat on a constant currency basis.Īd-supported revenue saw a major boost and popped by 31% year over year (17% on a constant currency basis). Premium Revenue was up 22% year over year (14% CC) and Average Revenue per user popped by 6% YoY to €4.54 as the price increases implemented in the prior year boosted numbers. ![]() This was boosted by favorable exchange rates from the strengthening of the US dollar and thus would be 15% on a constant currency basis. Total Revenue popped to €2.9 billion ($2.97B), up a rapid 23% year over year. Spotify Market Position (Investor Presentation) Emerging Markets represent a strong growth area for the company and the TAM is 5x bigger, according to Spotify's investor presentation. However, they are also "Winning" markets with long growth runways ahead such as Eastern Europe and Latin America. This was driven by strong performance across all regions, including Europe, in addition to the increased adoption of multi-user plans.Īs you can see from the chart below, Spotify is "Winning" the Established markets such as Western Europe, North America, Nordics, and Australia. Premium paid subscribers now make up approximately 43% of the company's subscribers. Premium Subscribers increased by a healthy 14% year over year to 188 million, up from 182 million in the last quarter. Spotify Monthly Active Users (Q2 Presentation) There was also strong growth in Latin America, driven by higher uptake in the Gen Z audience. SPOTIFY STOCK PRICE SERIESThis was driven by strong user growth in India, The Philippines, and Indonesia as a result of a series of marketing campaigns. Total Monthly active users grew by a rapid 19% year over year to 433 million, which was 11 million higher than the last quarter and 5 million above management's guidance. Spotify generated tremendous results for the second quarter of 2022, with almost all metrics surpassing guidance. ![]() Data by YCharts 2nd Quarter is Music to my Ears Let's dive into the second quarter earnings and business strategy for the juicy details. According to my valuation model, the stock is undervalued intrinsically and has many tailwinds ahead. ![]() Spotify's stock price has been decimated since the high inflation numbers were released in December 2021 and is now down 55% from these highs. Music Streaming Market share (Business of Apps) Management has even announced bold plans to double its monthly Active users and 4X its Average Revenue per user by 2030. Despite this heavy competition, the company has grown its monthly active users substantially year over year. ![]() Its main rivals include tech giant Apple ( AAPL), which has a ~17% market share, Amazon Music ( AMZN), which has a ~14% market share, and even YouTube ( GOOG, GOOGL ) at ~10%. Spotify ( NYSE: SPOT) is world's most popular music streaming application with approximately a 33% market share. ![]()
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In a time in America in which the legal system is so obviously perverted toward the maintenance of patriarchal power structures, nobody on earth thought this man was going to be convicted. Dej loaf no fear lesbian full#I don’t need a courtroom full of people to come to a decision for me to know that Cosby is a scumbag. (Méls) 'Tis I, Stormaggedon, Dark Lady Of All June 17, 2017 Dej loaf no fear lesbian trial#Overall legacy died long before the accusationsĪm I right in a tweet I just read? Bill Cosby has admitted to being guilty during his trial but… it was declared a mistrial? □ I was never here for Bill Cosby’s morally arrogant lecturing of black women + black youth. From the way he talks, as a man of power, he thought it was his right. Woven into the fabric of his existence is a world in which women were in his life for the purposes of being his sexual objects. Cosby’s world and mind were so incredibly corrupted that he didn’t even believe that what he was doing was wrong. “Power tends to corrupt and absolute power corrupts absolutely,” were the words of Lord Acton, the 19th-century British politician. Even in admitting wrong, he had to have some level of say in her choices. When he agreed to pay Constand’s school costs, as an offset for his actions, he insisted she maintain a 3.0 GPA. Bill Cosby, apparently since the age of 11, has been consumed with controlling women. But when they get it, they believe they deserve it. ![]() Most men live their whole lives not realizing how much opportunity and unjust right they are given to power. It’s hard to describe what happens to people when they get to control things. Cosby was so obsessed with his invasive conquests that he told his accuser’s own mother about what he did to her. Ultimately, Andrea Constand was allowed to confront her accuser and a jury simply couldn’t bring themselves to convict a man who legitimately admitted to violating her when she was unable to move. All the other shenanigans that Cosby’s lawyers tried to pull to make sure this very trial would never come to light. It’s impossible to forget any of the steps that got us here. After the aforementioned declaration of the return of Cosby’s power, he continued: “The legacy didn’t go anywhere, it has been restored.” Newton: “Power is the ability to defy phenomena, and make it act in a designed manner.” Wyatt then repeated it. While the blind comedian stood behind him, Wyatt methodically explained, whether he knew so or not, exactly why misogyny and toxic masculinity keep scores of women from never reporting their attackers. On the day that Bill Cosby’s sexual assault case was declared a mistrial, his spokesperson Andrew Wyatt came right out and proudly preached to the world, “Mr. 4:55 PMIf you ever needed proof that rape is as much about power as it is about sex, a Pennsylvania courtroom just handed it to you. ![]() ![]() ![]() Diff text compare online software#This is a powerful and easy to use software utility. You can combine any of these tips or use some of the other options listed in the diff man pages. Ut euismod, ex at venenatis mattis, neque massa dignissim quam, at Phasellus est ex, tristique et semper eu, facilisis Maecenas non nibh a nisi porttitor PORTA. christopher:~$ diff lorem.txt 2lorem.txt -minimal This makes larger text files a little easier to read. You can make this a little easier to read with the -minimal tag. Phasellus luctus ipsum Use diff with –minimal output Proin purus sem, finibus eget viverra vel, porta pulvinar ex. 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Don’t worry, I’ll explain the output so that you can compare two files and understand the difference between them. Here’s the syntax: diff file1 file2īut understanding its output is a different thing. Great for finding that extra curly brace that broke your newly updated code. The command compares two files to suggest changes that would make the files identical. When you need to compare two files containing similar text in Linux, using the diff command can make your task much easier. ![]() ![]() ![]()
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