v3.19.3.a.u2
Segment information (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure Of Operating Segments [Line Items]  
Summary of Key Financial Performance Measures of Segments Including Revenue, Cost of Revenue, and Gross Profit

Key financial performance measures of the segments including revenue, cost of revenue, and gross profit are as follows:

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

(in € millions)

 

Premium

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

 

6,086

 

 

 

4,717

 

 

 

3,674

 

Cost of revenue

 

 

4,465

 

 

 

3,461

 

 

 

2,868

 

Gross profit

 

 

1,621

 

 

 

1,256

 

 

 

806

 

Ad-Supported

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

 

678

 

 

 

542

 

 

 

416

 

Cost of revenue

 

 

577

 

 

 

445

 

 

 

373

 

Gross (loss)/profit

 

 

101

 

 

 

97

 

 

 

43

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

 

6,764

 

 

 

5,259

 

 

 

4,090

 

Cost of revenue

 

 

5,042

 

 

 

3,906

 

 

 

3,241

 

Gross profit

 

 

1,722

 

 

 

1,353

 

 

 

849

 

Summary of Reconciliation Between Reportable Segment Gross Profit and Loss to Consolidated Loss Before Tax The reconciliation between reportable segment gross profit to the Group’s loss before tax is as follows:

 

 

2019

 

 

2018

 

 

2017

 

 

 

(in € millions)

 

Segment gross profit

 

 

1,722

 

 

 

1,353

 

 

 

849

 

Research and development

 

 

(615

)

 

 

(493

)

 

 

(396

)

Sales and marketing

 

 

(826

)

 

 

(620

)

 

 

(567

)

General and administrative

 

 

(354

)

 

 

(283

)

 

 

(264

)

Finance income

 

 

275

 

 

 

455

 

 

 

118

 

Finance costs

 

 

(333

)

 

 

(584

)

 

 

(974

)

Share in (losses)/earnings of associate

 

 

 

 

 

(1

)

 

 

1

 

Loss before tax

 

 

(131

)

 

 

(173

)

 

 

(1,233

)

 

Summary of Revenue and Non-current Asset by Geographic Country

Revenue by country

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

(in € millions)

 

United States

 

 

2,542

 

 

 

1,973

 

 

 

1,577

 

United Kingdom

 

 

727

 

 

 

576

 

 

 

444

 

Luxembourg

 

 

4

 

 

 

3

 

 

 

3

 

Other countries

 

 

3,491

 

 

 

2,707

 

 

 

2,066

 

 

 

 

6,764

 

 

 

5,259

 

 

 

4,090

 

 

Property and Equipment and Lease Right-of-Use Assets  
Disclosure Of Operating Segments [Line Items]  
Summary of Revenue and Non-current Asset by Geographic Country

Non-current assets for this purpose consists of property and equipment and lease right-of-use assets.

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

(in € millions)

 

Sweden

 

 

154

 

 

 

29

 

 

 

32

 

United States

 

 

525

 

 

 

142

 

 

 

28

 

United Kingdom

 

 

79

 

 

 

19

 

 

 

6

 

Other countries

 

 

22

 

 

 

7

 

 

 

7

 

 

 

 

780

 

 

 

197

 

 

 

73