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 fiscal year ended 31 December 2023, Snap Inc revenues increased less than 1% to $4.61B. Net loss decreased 7% to $1.32B. Revenues reflect Rest of the world segment increase of 29% to $881.7M, Europe segment increase of 8% to $772.1M, also reflect United States segment decrease of 6% to $2.9B, Northern America segment decrease of 50% to $52.3M. Lower net loss reflects Interest income increase from $58.6M to $168.4M (income). |
Employees: | 5,289 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $18,494M as of Dec 31, 2023 |
Annual revenue (TTM): | $4,606M as of Dec 31, 2023 |
EBITDA (TTM): | -$1,189M as of Dec 31, 2023 |
Net annual income (TTM): | -$1,322M as of Dec 31, 2023 |
Free cash flow (TTM): | $34.79M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $205.32M as of Dec 31, 2023 |
Shares outstanding: | 1,650,631,520 as of Feb 2, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |