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  "documentTitle": "2023 Q3 Shareholder Deck",
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      "text": "Revenue of €3,357 million grew 11% Y/Y in Q3 (or 17% Y/Y constant currency*), reflecting: Premium Revenue growth of 10% Y/Y (or 16% Y/Y constant currency*), led by subscriber gains and the early effects of price increases.",
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      "text": "* Constant Currency adjusted measures and Free Cash Flow are non-IFRS measures. See \"Use of Non-IFRS Measures\" and \"Reconciliation of IFRS to Non-IFRS Results\" for additional information.",
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      "text": "Revenue: €3,357 million (11% Y/Y growth), Premium Revenue (10% Y/Y), Ad-Supported Revenue (16% Y/Y). Profitability: Gross Margin 26.4% (up 166 bps), Operating Income €32 million, Operating Expense decline 13% Y/Y. FCF: €216 million, €3.8B cash, 9,241 FTEs.",
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