{
  "docId": "019de074-410c-70ee-91a1-9aeb9c7f6d2e",
  "docSlug": "baafce1872a2115e53d13836d5b8f402",
  "documentTitle": "Spotify | Results Presentation Deck | 35 slides",
  "authorId": "spotify",
  "authorName": "Spotify",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 3,
  "pageCount": 35,
  "prevPage": 2,
  "nextPage": 4,
  "slideType": "executive_summary",
  "function": "summarize",
  "density": "dense",
  "nDataPoints": 48,
  "notes": "Includes a footnote regarding non-IFRS measures.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-410c-70ee-91a1-9aeb9c7f6d2e/3",
  "deckHref": "/decks/019de074-410c-70ee-91a1-9aeb9c7f6d2e",
  "deckJsonHref": "/decks/019de074-410c-70ee-91a1-9aeb9c7f6d2e.json",
  "deckAnchorHref": "/decks/019de074-410c-70ee-91a1-9aeb9c7f6d2e#slide-3",
  "components": [
    {
      "bbox": {
        "h": 0.65,
        "w": 0.4,
        "x": 0.05,
        "y": 0.21
      },
      "kind": "paragraph",
      "text": "We ended 2022 with strong Q4 performance as nearly all of our KPIs surpassed guidance. MAU net additions reached a quarterly record-high of 33 million in Q4, 10 million above guidance. Subscriber growth also materially outperformed, exceeding guidance by 3 million net additions. Revenue growth, excluding the impact of changes in FX, was ahead of expectations. Gross Margin exceeded guidance by 80 bps due primarily to lower investment spending and broad-based music favorability. As expected, our Free Cash Flow was negative in the quarter; however, full year Free Cash Flow remained positive and we expect this trend to continue moving forward on a full year basis. Looking back on 2022 in its entirety, we are pleased with our overall results. Each year presents certain challenges and opportunities and, over the past 12 months, we are largely delivered on our internal goals and we are excited about the momentum we are building heading into 2023.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "26e0824d-a1dc-4c48-9f3f-2513f41b5fc2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.15,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "Free Cash Flow is a non-IFRS measure. See “Use of Non-IFRS Measures” and “Reconciliation of IFRS to Non-IFRS Results” for additional information.",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "edd1643e-8a02-469c-80b7-3e7efcd509ac",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.5,
        "x": 0.45,
        "y": 0.21
      },
      "kind": "table",
      "text": "USER & FINANCIAL SUMMARY table showing Q4 2021, Q3 2022, Q4 2022, Y/Y, and Q/Q metrics for Users and Financials.",
      "attrs": null,
      "subkind": "kpi",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "88523b15-0c61-4583-9ae0-59c8d99927d1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.4,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Executive Summary",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "78498a2d-8e42-4495-b4e4-12366e74c864",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Executive summary",
      "slug": "executive-summary",
      "agent": null,
      "layer": "slide",
      "matchId": "951fd61e-9d49-488c-855a-d9e49c7cb96b",
      "evidence": "This slide is labeled as 'Executive Summary' and contains a summary of key performance indicators.",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 4,
      "from": 1,
      "beatId": "230fcf68-5f7c-425d-a366-9022a665b166",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "Attention",
      "beatSlug": "aida-attention",
      "evidence": "The cover page, table of contents, executive summary, and key highlights grab the audience's attention and provide an overview of the presentation.",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Hook",
      "parentBeatSlug": "hook"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}