 Spotify's stock status. Despite concerns about the economy, Spotify's fourth quarter numbers show that people throughout the world are still eager to pay for music enjoyment. With monthly active users up 20% year over year, Spotify's fourth quarter statistics handily exceeded projections. Despite the company's advertising gross margin being thin and negatively impacting bottom line earnings, revenue increased easily. After making significant investments for a year, it is thought that Spotify is in a good position to increase operating leverage and platform monetization in the near future.