Sector: Technology | Industry: Internet Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 651 Brannan Street SAN FRANCISCO CA 94107 |
Tel: | N/A |
Website: | https://investor.pinterestinc.com |
IR: | See website |
Key People | ||
Benjamin Silbermann Chairman, Co-Founder, Executive Director | William J. Ready Chief Executive Officer, Director | Evan Sharp Co-Founder, Director |
Julia Brau Donnelly Chief Financial Officer | Christine Deputy Chief People Officer | Malik Ducard Chief Content Officer |
Sabrina Ellis Chief Product Officer | Wanjiku Juanita Walcott Corporate Secretary, Chief Legal Officer |
Business Overview |
Pinterest, Inc. is a visual search and discovery company. The Company's primary service, Pinterest, can be accessed through its mobile application or the Web. People use Pinterest to find ideas. As they browse Pinterest content, Pins, they fine-tune their tastes and find the idea. Users interact with the platform in multi-session journeys to find inspiration, curate their latest look, plan their next project and shop from brands. It has approximately 498 million monthly active users across the world. Content on Pinterest comes from a variety of sources, including retailers, brands, creators, publishers and users. It acquires that content via a range of methods, including product catalog uploads, direct publishing, and user curation. Content formats include images that allow the user to click into an idea to learn more, videos that provide the steps of an idea, and products that brands and merchants upload from catalogs. |
Financial Overview |
For the fiscal year ended 31 December 2023, Pinterest Inc revenues increased 9% to $3.06B. Net loss decreased 63% to $35.6M. Revenues reflect Europe segment increase of 22% to $501.3M, Revenue per Customer - Average-US & Cana increase of 5% to $25.52. Lower net loss reflects Sales and marketing - Balancing value decrease of 2% to $666M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.14 to -$0.05. |
Employees: | 4,014 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $19,857M as of Dec 31, 2023 |
Annual revenue (TTM): | $3,055M as of Dec 31, 2023 |
EBITDA (TTM): | $22.71M as of Dec 31, 2023 |
Net annual income (TTM): | -$35.61M as of Dec 31, 2023 |
Free cash flow (TTM): | $604.90M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 678,925,977 as of Mar 27, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |