Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3000 31St Street, Loop North SANTA MONICA CA 90405 |
Tel: | N/A |
Website: | https://www.snap.com |
IR: | See website |
Key People | ||
Evan T. Spiegel Chief Executive Officer, Co-Founder, Director | Robert C. Murphy Co-Founder, Chief Technology Officer, Director | Derek Andersen Chief Financial Officer |
Jerry Hunter Chief Operating Officer | Rebecca Morrow Chief Accounting Officer | Michael O'Sullivan General Counsel |
Business Overview |
Snap Inc. is a technology company. Its product, Snapchat, is a visual messaging application that enhances relationships with friends, family, and the world. Snapchat is the Company's core mobile device application and contains five tabs, complemented by additional tools that function outside of the application. Snapchatters can interact with all five, or a subset of those five tabs. Additionally, the Company offers Snapchat+, its subscription product that provides subscribers access to exclusive, experimental, and pre-release features. Snapchat+ offers a range of features from allowing Snapchatters to customize the look and feel of their application, to giving special insights into their friendships. It also offers Snapchat for Web, a browser-based product that brings Snapchats calling and messaging capabilities to the Web. Its advertising products include AR Ads, AR Lenses and Snap Ads. Snap Ads include Single Image or Video Ads, Story Ads, Collection Ads, Dynamic Ads and Commercials. |
Financial Overview |
For the three months ended 31 March 2024, Snap Inc revenues increased 21% to $1.19B. Net loss decreased 7% to $305.1M. Revenues reflect United States segment increase of 16% to $710.8M, NULL increase of 17% to $7.44. Lower net loss reflects Research and development - Stock decrease of 21% to $174.5M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.21 to -$0.19. |
Employees: | 5,289 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $26,729M as of Mar 31, 2024 |
Annual revenue (TTM): | $4,812M as of Mar 31, 2024 |
EBITDA (TTM): | -$1,082M as of Mar 31, 2024 |
Net annual income (TTM): | -$1,299M as of Mar 31, 2024 |
Free cash flow (TTM): | -$30.77M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $390.45M as of Mar 31, 2024 |
Shares outstanding: | 1,641,038,990 as of Apr 23, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |