Snap Inc (N:SNAP)

Business Focus: Mobile Application Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEC
Company Contact
Address: 2772 Donald Douglas, Loop North
Tel: N/A
IR: See website
Key People
Michael M. Lynton
Independent Chairman of the Board
Jeremi Gorman
Chief Business Officer
Evan Spiegel
Chief Executive Officer, Co-Founder, Director
Robert C. Murphy
Co-Founder, Chief Technology Officer, Director
Derek Andersen
Chief Financial Officer
Jerry Hunter
Senior Vice President, Engineering
Rebecca Morrow
Chief Accounting Officer
Lara Sweet
Chief Accounting Officer, Chief People Officer
Kenny Mitchell
Chief Marketing Officer
Michael O'Sullivan
General Counsel
Business Overview
Snap Inc. is a camera company. The Company's flagship product, Snapchat, is a camera application that helps people to communicate through short videos and images known as a Snap. The Company provides Camera, Friends Page, Discover, Snap Map, Memories and Spectacles. Snapchat opens directly into the Camera, helping in creating a Snap and sending it to friends. It offers a range of creative tools that enables people to personalize and add content to their Snaps. Its chat services includes creating and watching stories, chatting with groups, making voice and video calls, and communicating through a range of stickers and Bitmojis. Memories enable users to create Snaps and stories from their saved snaps, as well as their camera roll. It also offers Spectacles, its sunglasses that make Snap. The Company's advertising products include Snap Ads and Sponsored Creative Tools, such as Sponsored Lenses and Sponsored Geofilters.
Financial Overview
For the three months ended 31 March 2019, Snap Inc revenues increased 39% to $320.4M. Net loss decreased 20% to $310.4M. Revenues reflect Rest of the world segment increase from $32.9M to $67.9M, Northern America segment increase of 17% to $196M. Lower net loss reflects Research and development - Balancing val decrease of 12% to $95.3M (expense), General and administrative - Stock decrease of 25% to $30.7M (expense).
Employees: 2,884 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $17,778M as of Mar 31, 2019
Annual revenue (TTM): $1,270M as of Mar 31, 2019
EBITDA (TTM): -$1,130M as of Mar 31, 2019
Net annual income (TTM): -$1,181M as of Mar 31, 2019
Free cash flow (TTM): -$622.37M as of Mar 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 1,340,064,002 as of Apr 18, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization