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
Jared Grusd
Chief Strategy 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
Kenny Mitchell
Chief Marketing Officer
Michael O'Sullivan
General Counsel
Jeremi Gorman
Chief Business Officer
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 six months ended 30 June 2019, Snap Inc revenues increased 44% to $708.4M. Net loss decreased 23% to $565.6M. Revenues reflect Northern America segment increase of 28% to $433.8M, Rest of the world segment increase of 81% to $150.7M. Lower net loss reflects Research and development - Balancing val decrease of 8% to $191.7M (expense), General and administrative - Stock decrease of 20% to $65.4M (expense).
Employees: 2,884 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $22,428M as of Jun 30, 2019
Annual revenue (TTM): $1,396M as of Jun 30, 2019
EBITDA (TTM): -$1,073M as of Jun 30, 2019
Net annual income (TTM): -$1,082M as of Jun 30, 2019
Free cash flow (TTM): -$489.04M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 1,379,275,271 as of Jul 18, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization