Chief Executive Daniel Ek tried to reassure investors that Spotify’s business is strong, despite economic turbulence roiling other industries.

Spotify continued to add subscribers during the first quarter, which is usually a softer period for the audio streaming giant, and expects growth to accelerate through the rest of the year despite a choppy macroeconomic environment.

In a world where everyone has a playlist for every mood, Spotify just dropped some numbers that prove music streaming isn’t just alive—it’s thriving. The streaming giant's subscriber base climbed 12%,